Short Interest in Denison Mines Corp Expands By 1.5% (DNN)
Denison Mines Corp (NYSE:DNN) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totalling 9,733,562 shares, a growth of 1.5% from the June 30th total of 9,587,249 shares, AnalystRatingsNetwork.com reports. Approximately 2.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 768,554 shares, the days-to-cover ratio is presently 12.7 days.
Denison Mines Corp (NYSE:DNN) traded down 2.24% during mid-day trading on Thursday, hitting $1.31. The stock had a trading volume of 512,390 shares. Denison Mines Corp has a 52-week low of $0.97 and a 52-week high of $1.76. The stock’s 50-day moving average is $1.25 and its 200-day moving average is $1.3. The company’s market cap is $635.7 million.
Denison Mines Corp (NYSE:DNN) last posted its quarterly earnings results on Thursday, May 8th. The company reported ($0.03) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.01) by $0.02. Analysts expect that Denison Mines Corp will post $-0.05 EPS for the current fiscal year.
Denison Mines Corp. (NYSE:DNN) is engaged in uranium mining and related activities, including acquisition, exploration and development of uranium bearing properties, extraction, processing, selling and reclamation.
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