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DML

Denison MinesTSX:DML Stock Report

Market Cap

CA$1.4b

7D

-16.3%

1Y

201.8%

Updated

25 Sep, 2021

Data

Company Financials +
DML fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance0/6
Financial Health6/6
Dividends0/6

DML Overview

Denison Mines Corp. operates as a uranium exploration and development company in Canada.

Denison Mines Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Denison Mines
Historical stock prices
Current Share PriceCA$1.69
52 Week HighCA$0.41
52 Week LowCA$2.29
Beta2
1 Month Change24.27%
3 Month Change4.97%
1 Year Change201.79%
3 Year Change98.82%
5 Year Change177.05%
Change since IPO35.20%

Recent News & Updates

Shareholder Returns

DMLCA Oil and GasCA Market
7D-16.3%2.3%-0.3%
1Y201.8%58.1%30.8%

Return vs Industry: DML exceeded the Canadian Oil and Gas industry which returned 58.1% over the past year.

Return vs Market: DML exceeded the Canadian Market which returned 30.8% over the past year.

Price Volatility

Is DML's price volatile compared to industry and market?
DML volatility
DML Beta2
Industry Beta1.78
Market Beta1

Stable Share Price: DML is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: DML's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a65David Cateshttps://www.denisonmines.com

Denison Mines Corp. operates as a uranium exploration and development company in Canada. Its flagship project is the 95% interest owned Wheeler River uranium project located in the Athabasca Basin region in northern Saskatchewan. The company was formerly known as International Uranium Corporation and changed its name to Denison Mines Corp. in December 2006.

Denison Mines Fundamentals Summary

How do Denison Mines's earnings and revenue compare to its market cap?
DML fundamental statistics
Market CapCA$1.36b
Earnings (TTM)-CA$19.82m
Revenue (TTM)CA$13.96m

97.7x

P/S Ratio

-68.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DML income statement (TTM)
RevenueCA$13.96m
Cost of RevenueCA$10.81m
Gross ProfitCA$3.15m
ExpensesCA$22.97m
Earnings-CA$19.82m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.025
Gross Margin22.59%
Net Profit Margin-141.97%
Debt/Equity Ratio0.02%

How did DML perform over the long term?

See historical performance and comparison

Valuation

Is Denison Mines undervalued compared to its fair value and its price relative to the market?

3.83x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate DML's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate DML's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: DML is unprofitable, so we can't compare its PE Ratio to the Canadian Oil and Gas industry average.

PE vs Market: DML is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DML's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DML is overvalued based on its PB Ratio (3.8x) compared to the CA Oil and Gas industry average (1.9x).


Future Growth

How is Denison Mines forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

20.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DML is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.5%).

Earnings vs Market: DML is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: DML's is expected to become profitable in the next 3 years.

Revenue vs Market: DML's revenue (18.8% per year) is forecast to grow faster than the Canadian market (6% per year).

High Growth Revenue: DML's revenue (18.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if DML's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Denison Mines performed over the past 5 years?

-0.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DML is currently unprofitable.

Growing Profit Margin: DML is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DML is unprofitable, and losses have increased over the past 5 years at a rate of 0.7% per year.

Accelerating Growth: Unable to compare DML's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DML is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (44.8%).


Return on Equity

High ROE: DML has a negative Return on Equity (-5.57%), as it is currently unprofitable.


Financial Health

How is Denison Mines's financial position?


Financial Position Analysis

Short Term Liabilities: DML's short term assets (CA$115.1M) exceed its short term liabilities (CA$22.9M).

Long Term Liabilities: DML's short term assets (CA$115.1M) exceed its long term liabilities (CA$99.6M).


Debt to Equity History and Analysis

Debt Level: DML's debt to equity ratio (0.02%) is considered satisfactory.

Reducing Debt: DML's debt to equity ratio has reduced from 0.04% to 0.02% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: DML has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: DML has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 3.1% each year


Dividend

What is Denison Mines's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate DML's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DML's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if DML's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DML's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of DML's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.9yrs

Average management tenure


CEO

David Cates (39 yo)

6.5yrs

Tenure

CA$810,463

Compensation

Mr. David Daniel Cates, CPA, CA, MAcc, has been the Chief Executive Officer and President at Uranium Participation Corporation since January 14, 2016. Mr. Cates has been the Chief Executive Officer of Deni...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD638.43K) is below average for companies of similar size in the Canadian market ($USD1.18M).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: DML's management team is seasoned and experienced (5.9 years average tenure).


Board Members

Experienced Board: DML's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: DML insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 28.9%.


Top Shareholders

Company Information

Denison Mines Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Denison Mines Corp.
  • Ticker: DML
  • Exchange: TSX
  • Founded: NaN
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: CA$1.364b
  • Shares outstanding: 807.10m
  • Website: https://www.denisonmines.com

Number of Employees


Location

  • Denison Mines Corp.
  • 40 University Avenue
  • Suite 1100
  • Toronto
  • Ontario
  • M5J 1T1
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/25 22:07
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.