Denison Mines Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag

Denison Mines (TSE:DML) Full Year 2023 Results

Key Financial Results

• Net income: CA$89.4m (up by CA$76.8m from FY 2022).
• EPS: CA$0.10 (up from CA$0.015 in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Denison Mines EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 84%. Earnings per share (EPS) exceeded analyst estimates by 99%.

Looking ahead, revenue is forecast to grow 46% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Oil and Gas industry in Canada.

Performance of the Canadian Oil and Gas industry.

The company's shares are down 1.2% from a week ago.

Risk Analysis

Before you take the next step you should know about the 4 warning signs for Denison Mines (2 make us uncomfortable!) that we have uncovered.

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