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Denison Mines (Denison Mines) 6-Month Price Index : 1.32 (As of Jun. 04, 2024)


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What is Denison Mines 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-06-04), Denison Mines's 6-Month Price Index is 1.32.

Competitive Comparison of Denison Mines's 6-Month Price Index

For the Uranium subindustry, Denison Mines's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Denison Mines  (AMEX:DNN) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Denison Mines  (AMEX:DNN) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Denison Mines 6-Month Price Index Related Terms

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Denison Mines (Denison Mines) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Denison Mines Corp (AMEX:DNN) » Definitions » 6-Month Price Index
Comparable Companies
TSX:EFR TSXV:EU TSX:FCU TSXV:ISO TSX:URE TSX:URC TSX:LAM TSXV:SASK TSXV:FUU TSX:MGA TSX:CCO XKAZ:KZAP TSX:U.UN TSX:NXE ASX:PDN UEC HKSE:01164 LSE:YCA ASX:DYL LEU
Traded in Other Exchanges
IUQ:Germany IUQ:Germany DML:Canada
Address
40 University Avenue, Suite 1100, Toronto, ON, CAN, M5J 1T1
Website
https://www.denisonmines.com
Denison Mines Corp is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada. The company has an effective 95% interest in its flagship Wheeler River Uranium Project, which is the largest undeveloped uranium project in the infrastructure rich eastern portion of the Athabasca Basin region of northern Saskatchewan. The company is also engaged in mine decommissioning and environmental services through its Closed Mines group, which manages its Elliot Lake reclamation projects and provides third-party post-closure mine care and maintenance services.