Denison Mines (TSX:DML) - Stock Price, News & Analysis

DML Stock Overview

Engages in the acquisition, exploration, and development of uranium bearing properties in Canada.

DML fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	2/6
Past Performance	2/6
Financial Health	6/6
Dividends	0/6

Rewards

Revenue is forecast to grow 116.51% per year

Became profitable this year

Risk Analysis

Earnings are forecast to decline by an average of 138.8% per year for the next 3 years

High level of non-cash earnings

Shareholders have been diluted in the past year

Does not have meaningful revenue (CA$4M)

Denison Mines Corp. Competitors

NexGen Energy

TSX:NXE

CA$4.9b

Cameco

TSX:CCO

CA$25.1b

Mega Uranium

TSX:MGA

CA$107.6m

Anfield Energy

TSXV:AEC

CA$71.3m

Price History & Performance

Summary of all time highs, changes and price drops for Denison Mines
Historical stock prices
Current Share Price	CA$2.30
52 Week High	CA$3.37
52 Week Low	CA$1.86
Beta	1.9
11 Month Change	-12.55%
3 Month Change	-29.45%
1 Year Change	21.05%
33 Year Change	55.41%
5 Year Change	277.05%
Change since IPO	84.00%

Recent updates

Statutory Earnings May Not Be The Best Way To Understand Denison Mines' (TSE:DML) True Position

Nov 11

Shareholder Returns

	DML	CA Oil and Gas	CA Market
7D	7.5%	0.7%	1.1%
1Y	21.1%	15.2%	15.3%

Return vs Industry: DML exceeded the Canadian Oil and Gas industry which returned 14.6% over the past year.

Return vs Market: DML exceeded the Canadian Market which returned 15.5% over the past year.

Price Volatility

Is DML's price volatile compared to industry and market?
DML volatility
DML Average Weekly Movement	8.2%
Oil and Gas Industry Average Movement	7.3%
Market Average Movement	8.0%
10% most volatile stocks in CA Market	16.7%
10% least volatile stocks in CA Market	3.1%

Stable Share Price: DML's share price has been volatile over the past 3 months.

Volatility Over Time: DML's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1936	n/a	David Cates	denisonmines.com

Denison Mines Corp. engages in the acquisition, exploration, and development of uranium bearing properties in Canada. Its flagship project is the Wheeler River uranium project covering an area of approximately 300,000 hectares 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 Corp. Fundamentals Summary

How do Denison Mines's earnings and revenue compare to its market cap?
DML fundamental statistics
Market cap	CA$2.04b
Earnings (TTM)	CA$56.22m
Revenue (TTM)	CA$4.03m

36.5x

P/E Ratio

509.7x

P/S Ratio

Is DML overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DML income statement (TTM)
Revenue	CA$4.03m
Cost of Revenue	CA$4.72m
Gross Profit	-CA$688.00k
Other Expenses	-CA$56.91m
Earnings	CA$56.22m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 07, 2024

Earnings per share (EPS)	0.063
Gross Margin	-17.08%
Net Profit Margin	1,396.13%
Debt/Equity Ratio	0%

How did DML perform over the long term?

See historical performance and comparison

DML Stock Overview

Rewards

Risk Analysis

Denison Mines Corp. Competitors

TSX:NXE

CA$4.9b

TSX:CCO

CA$25.1b

TSX:MGA

CA$107.6m

TSXV:AEC

CA$71.3m

Price History & Performance

Recent News & Updates

New major risk - Revenue and earnings growth

Now 20% overvalued

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Investor sentiment deteriorates as stock falls 16%

Consensus EPS estimates upgraded to CA$0.0055 loss

Denison Mines Corp. Announces Board Changes

Recent updates

New major risk - Revenue and earnings growth

Now 20% overvalued

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Investor sentiment deteriorates as stock falls 16%

Consensus EPS estimates upgraded to CA$0.0055 loss

Denison Mines Corp. Announces Board Changes

First quarter 2024 earnings released: CA$0.022 loss per share (vs CA$0.003 loss in 1Q 2023)

President exercised options to buy CA$1.8m worth of stock.

President recently sold CA$1.8m worth of stock

New major risk - Revenue and earnings growth

Denison Mines Corp. to Report Q3, 2024 Results on Nov 07, 2024

New major risk - Revenue and earnings growth

Full year 2023 earnings released: EPS: CA$0.10 (vs CA$0.018 in FY 2022)

Denison Mines Corp., Annual General Meeting, May 09, 2024

Consensus revenue estimates increase by 16%

Investor sentiment improves as stock rises 18%

Denison Mines Corp. Appoints Ms. Elizabeth Sidle as Chief Financial Officer

President exercised options to buy CA$3.8m worth of stock.

President recently sold CA$3.5m worth of stock

Third quarter 2023 earnings released: EPS: CA$0.069 (vs CA$0.008 loss in 3Q 2022)

Denison Mines Corp. Announces Successful Completion of Recovered Solution Management Phase of Phoenix ISR Feasibility Field Test

Denison Mines Corp. has completed a Follow-on Equity Offering in the amount of $55.13 million.

Denison Mines Corp. announced that it expects to receive $15 million in funding

Executive VP & CFO (Leave of Absence) exercised options to buy CA$2.8m worth of stock.

Denison Mines Corp. Announces CFO Changes

Denison Mines Corp. Announces CFO Changes

New minor risk - Insider selling

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: EPS: CA$0 (vs CA$0.02 loss in 2Q 2022)

Insider recently sold CA$140k worth of stock

Denison Mines Corp. Reports Significant Increase in Economic Results for Wheeler River

First quarter 2023 earnings released: CA$0.003 loss per share (vs CA$0.052 profit in 1Q 2022)

Consensus EPS estimates fall by 36%, revenue upgraded

Full year 2022 earnings released: EPS: CA$0.018 (vs CA$0.024 in FY 2021)

President recently sold CA$523k worth of stock

President recently sold CA$443k worth of stock

Denison Announces 97% Recovery from Long-Term Phoenix ISR Core Leach Test

Consensus forecasts updated

Denison Announces Additional Highlights from Highly Successful Leaching Phase of Phoenix Isr Feasibility Field Test

Consensus revenue estimates increase by 12%

Third quarter 2022 earnings released: CA$0.008 loss per share (vs CA$0.041 profit in 3Q 2021)

Denison Mines Corp. Announces History-Making Recovery of Uranium Bearing Solution from Phoenix ISR Feasibility Field Test

Denison Mines Corp. Announces History-Making Recovery of Uranium Bearing Solution from Phoenix ISR Feasibility Field Test

Denison Announces Intersection of Additional High-Grade Uranium Mineralization at Waterfound

Denison Announces Expansion of High-Grade Uranium Mineralization At Mcclean Lake South

Consensus forecasts updated

Investor sentiment improved over the past week

Consensus forecasts updated

Denison Receives Permit for Phoenix ISR Feasibility Field Test

Second quarter 2022 earnings released: CA$0.02 loss per share (vs CA$0.003 loss in 2Q 2021)

Denison Achieves Key Milestone with Completion of Metallurgical Test Work to Define Phoenix Process Plant Components and Confirmation of Ability to Produce Yellowcake

Denison Mines Corp. (TSX:DML) made an offer to acquire UEX Corporation (TSX:UEX).

Denison Mines Corp. (TSX:DML) made an offer to acquire UEX Corporation (TSX:UEX).

Consensus forecasts updated

Investor sentiment improved over the past week

Denison Mines Corp. Receives Approval from the Province of Saskatchewan to Prepare, Construct, and Operate the Facilities Required to Carry Out the In-Situ Recovery Feasibility Field Test Planned for the Phoenix Deposit

Denison Mines Corp. Receives Approval to Construct and Operate Phoenix Feasibility Field Test Facility from Saskatchewan Minister of Environment

Vice President of Operations recently sold CA$182k worth of stock

Investor sentiment deteriorated over the past week