Executive Summary
Denison Mines Corp. operates as a uranium exploration and development company in Canada. More Details
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Adequate balance sheet with concerning outlook.
Similar Companies
Share Price & News
How has Denison Mines's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DML is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: DML's weekly volatility (12%) has been stable over the past year.
Market Performance
7 Day Return
-10.4%
DML
-0.2%
CA Oil and Gas
-0.2%
CA Market
1 Year Return
72.0%
DML
-23.3%
CA Oil and Gas
2.4%
CA Market
Return vs Industry: DML exceeded the Canadian Oil and Gas industry which returned -23.3% over the past year.
Return vs Market: DML exceeded the Canadian Market which returned 2.4% over the past year.
Shareholder returns
| DML | Industry | Market | |
|---|---|---|---|
| 7 Day | -10.4% | -0.2% | -0.2% |
| 30 Day | 7.5% | 5.9% | 2.8% |
| 90 Day | 97.7% | 26.7% | 15.1% |
| 1 Year | 72.0%72.0% | -18.9%-23.3% | 6.1%2.4% |
| 3 Year | 43.3%43.3% | -19.8%-29.7% | 14.7%3.8% |
| 5 Year | 34.4%34.4% | -0.8%-18.5% | 62.6%37.5% |
Long-Term Price Volatility Vs. Market
How volatile is Denison Mines's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall St
Reflecting on Denison Mines' (TSE:DML) Share Price Returns Over The Last Five Years5 months ago | Simply Wall St
How Much Did Denison Mines' (TSE:DML) CEO Pocket Last Year?7 months ago | Simply Wall St
Some Denison Mines (TSE:DML) Shareholders Are Down 49%Valuation
Is Denison Mines undervalued compared to its fair value and its price relative to the market?
2.62x
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 CA 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 (2.6x) compared to the CA Oil and Gas industry average (1.2x).
Next Steps
Future Growth
How is Denison Mines forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
19.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DML is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: DML is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: DML is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: DML's revenue (11.6% per year) is forecast to grow faster than the Canadian market (8% per year).
High Growth Revenue: DML's revenue (11.6% 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
Next Steps
Past Performance
How has Denison Mines performed over the past 5 years?
-2.3%
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 2.3% 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 (-52.6%).
Return on Equity
High ROE: DML has a negative Return on Equity (-7.15%), as it is currently unprofitable.
Next Steps
Financial Health
How is Denison Mines's financial position?
Financial Position Analysis
Short Term Liabilities: DML's short term assets (CA$23.1M) exceed its short term liabilities (CA$12.4M).
Long Term Liabilities: DML's short term assets (CA$23.1M) do not cover its long term liabilities (CA$75.9M).
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 increased from 0.01% 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 a year based on its current free cash flow.
Forecast Cash Runway: DML is forecast to have sufficient cash runway for 12 months based on free cash flow estimates, but has since raised additional capital.
Next Steps
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?
5.8yrs
Average management tenure
CEO
David Cates (38 yo)
5.83yrs
Tenure
CA$960,395
Compensation
Mr. David Daniel Cates, CPA, CA, MAcc, has been the Chief Executive Officer and President at Uranium Participation Corporation since January 14, 2016. Mr. Cates has been the Chief Executive Officer of Deni...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD752.80K) is about average for companies of similar size in the Canadian market ($USD788.80K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.83yrs | CA$960.40k | 0.16% CA$ 985.4k | |
| Executive VP & CFO | 5.83yrs | CA$720.94k | 0.015% CA$ 93.0k | |
| VP & Controller | 8yrs | CA$381.34k | 0.0097% CA$ 58.4k | |
| Vice President of Operations | 1.25yrs | no data | 0.000060% CA$ 362.5 | |
| Investor Relations | no data | no data | no data | |
| Vice President of Legal & Corporate Secretary | 4.58yrs | no data | 0.0048% CA$ 29.2k |
5.8yrs
Average Tenure
Experienced Management: DML's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.83yrs | CA$960.40k | 0.16% CA$ 985.4k | |
| Independent Director | 20.75yrs | CA$60.36k | 0.19% CA$ 1.2m | |
| Independent Director | 14.08yrs | CA$63.19k | 0.12% CA$ 696.6k | |
| Independent Director | 15.83yrs | CA$64.86k | 0.010% CA$ 62.3k | |
| Independent Chairman of the Board | 2.42yrs | CA$82.16k | 0.036% CA$ 220.4k | |
| Independent Director | 2.42yrs | CA$65.43k | 0.028% CA$ 169.6k | |
| Director | 2.42yrs | CA$58.36k | 0.046% CA$ 278.1k | |
| Director | 0.92yr | no data | no data |
2.4yrs
Average Tenure
60.5yo
Average Age
Experienced Board: DML's board of directors are not considered experienced ( 2.4 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 bought more shares than they have sold 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 13.7%.
Top Shareholders
Company Information
Denison Mines Corp.'s company bio, 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$604.088m
- Shares outstanding: 678.75m
- Website: https://www.denisonmines.com
Number of Employees
Location
- Denison Mines Corp.
- 1100-40 University Avenue
- Toronto
- Ontario
- M5J 1T1
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| DML | TSX (The Toronto Stock Exchange) | Yes | Common Shares | CA | CAD | May 1997 |
| DNN | AMEX (NYSE MKT LLC) | Yes | Common Shares | US | USD | May 1997 |
| IUQ | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | May 1997 |
| 0URY | LSE (London Stock Exchange) | Yes | Common Shares | GB | CAD | May 1997 |
Biography
Denison Mines Corp. operates as a uranium exploration and development company in Canada. Its flagship project is the 90% interest owned Wheeler River Uranium project located in the Athabasca Basin region i...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/25 23:35 |
| End of Day Share Price | 2021/01/25 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.