Denison Mines Corp (Canada) (NYSE American:DNN) traded at a new 52-week high today of $1.91. This new high was reached on below average trading volume as 12.8 million shares traded hands, while the average 30-day volume is approximately 23.1 million shares.
Denison Mines Corp (Canada) (NYSE American:DNN) defies analysts with a current price ($1.87) 25.7% above its average consensus price target of $1.39.
Denison Mines Corp is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada. In addition to its approximately 90 percent owned Wheeler River project, which ranks as the largest undeveloped high-grade uranium project in the infrastructure rich eastern portion of the Athabasca Basin region, The company’s Athabasca Basin exploration portfolio consists of numerous projects covering approximately 310,000 hectares. The company is also engaged in mine decommissioning and environmental services through its Denison Environmental Services (DES) division and is the manager of Uranium Participation Corporation (UPC), a publicly traded company which invests in uranium oxide and uranium hexafluoride.
In the past 52 weeks, shares of Denison Mines Corp (Canada) have traded between a low of $0.30 and a high of $1.91 and is now at $1.87, which is 519% above that low price.
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