Not a good buy right now for an impatient entry: the stock just sold off hard (-12.68%) and is trading below the near-term support zone (below S1=3.652), which increases the odds of further downside toward S2=3.449 before a cleaner bounce.
Options positioning is bullish (calls dominant), but elevated IV (30D IV ~88, IV percentile ~80) suggests you’re paying up for that optimism after a high-volatility move.
Analyst stance remains broadly positive with targets above the current price, but the near-term chart damage outweighs that for a “buy now” decision.
Trend mixed: longer-term structure looks constructive (SMA_5 > SMA_20 > SMA_200), but short-term momentum is currently bearish.
MACD histogram is negative (-0.0342) and widening lower, signaling selling pressure is strengthening.
RSI(6)=39.3: weak/soft momentum (not oversold), leaving room for more downside before a technical snapback is likely.
Key levels: price 3.57 is below S1 (3.652) and below pivot (3.981); next downside support is S2 (3.449). Upside resistance starts at pivot 3.981 then R1 4.309.
Pattern-based forward read: slightly negative next day (-0.42% expected) with modestly positive bias over 1 week/month (~+1.2% / +1.1%), implying choppy consolidation is more likely than an immediate clean rebound.
Options Data
Bullish
Open Interest Put-Call Ratio
Bullish
Option Volume Put-Call Ratio
Sentiment skew: very call-heavy open interest (OI P/C=0.12) and call-heavy volume (Vol P/C=0.28) = bullish/speculative positioning.
Activity spike: today’s option volume is ~27x the 30-day average and open interest is very elevated vs recent norms, consistent with heightened event/volatility trading.
Volatility: 30D IV ~88 vs HV ~68.9; IV percentile ~80.5 indicates options are expensive relative to the past year, which often coincides with unstable price action rather than a calm uptrend.
Technical Summary
Sell
5
Buy
7
Positive Catalysts
suggests the broader trend can still resume higher if the stock reclaims the pivot (~3.98).
Neutral/Negative Catalysts
Immediate technical damage: a sharp one-day drop and a break below S1 support increases odds of continuation lower before any sustainable rebound.
Momentum indicators are bearish (MACD negative and expanding; RSI weak but not washed out).
News provided appears unrelated to Denison Mines (references “Americore Resources” and a silver project), so there is no clear DNN-specific positive catalyst in the supplied news summary.
Elevated IV implies the market expects big moves; for spot buyers, that often means poorer entry quality right after a large down day.
Financial Performance
Latest quarter: 2025/Q3.
Revenue: $1.045M, up ~50.36% YoY (growth off a small base).
Profitability: net income was -$134.965M (a much larger loss YoY per the data) and EPS was -$0.15.
Margins: gross margin remained negative and deteriorated (-15.69), indicating weak/early-stage economics and/or accounting impacts still dominating results.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Recent actions remain net-positive: Canaccord raised its target to C$5 (Speculative Buy); Roth raised its target to $3 (Buy) citing higher uranium price expectations into 2026; Raymond James slightly trimmed target to C$4.30 but kept Outperform.
Pros (Street view): leverage to uranium price cycle, supportive longer-term upside implied by targets well above the current $3.57.
Cons (Street view): “speculative” framing and results impacted by financing/accounting items highlight higher uncertainty and sensitivity to capital markets/commodity cycle.
Wall Street analysts forecast DNN stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for DNN is 3.3 USD with a low forecast of 3 USD and a high forecast of 3.6 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
Wall Street analysts forecast DNN stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for DNN is 3.3 USD with a low forecast of 3 USD and a high forecast of 3.6 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 3.460
Low
3
Averages
3.3
High
3.6
Current: 3.460
Low
3
Averages
3.3
High
3.6
Canaccord
Speculative Buy
maintain
$5
AI Analysis
2026-01-05
Reason
Canaccord
Price Target
$5
AI Analysis
2026-01-05
maintain
Speculative Buy
Reason
Canaccord raised the firm's price target on Denison Mines to C$5 from C$4.40 and keeps a Speculative Buy rating on the shares.
Roth Capital
Buy
maintain
$3
2025-11-11
Reason
Roth Capital
Price Target
$3
2025-11-11
maintain
Buy
Reason
Roth Capital raised the firm's price target on Denison Mines to $3 from $2.75 and keeps a Buy rating on the shares. The company's Q3 results were impacted by non-cash charges related to its convertible notes offering, but were otherwise uneventfut, the analyst tells investors in a research note. Roth adds its higher price target reflects its outlook for higher uranium prices in 2026.
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