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Denison Mines Corp (DNN)

Upturn stock ratingUpturn stock rating
$1.3
Delayed price
upturn advisory
PASS
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  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
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Upturn Stock infoUpturn Stock info Stock price based on last close
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Upturn Advisory Summary

04/01/2025: DNN (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -22.18%
Avg. Invested days 33
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.20B USD
Price to earnings Ratio -
1Y Target Price 4.3
Price to earnings Ratio -
1Y Target Price 4.3
Volume (30-day avg) 63087733
Beta 2.1
52 Weeks Range 1.27 - 2.47
Updated Date 04/1/2025
52 Weeks Range 1.27 - 2.47
Updated Date 04/1/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.07

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -1295.47%

Management Effectiveness

Return on Assets (TTM) -5.32%
Return on Equity (TTM) -15.19%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 1073117770
Price to Sales(TTM) 297.21
Enterprise Value 1073117770
Price to Sales(TTM) 297.21
Enterprise Value to Revenue 390.37
Enterprise Value to EBITDA 27.66
Shares Outstanding 896208000
Shares Floating 892465678
Shares Outstanding 896208000
Shares Floating 892465678
Percent Insiders 0.31
Percent Institutions 55.86

Analyst Ratings

Rating 4.5
Target Price 4.3
Buy 6
Strong Buy 6
Buy 6
Strong Buy 6
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Denison Mines Corp

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Company Overview

History and Background

Denison Mines Corp. was founded in 1954. Originally involved in oil and gas, it shifted focus to uranium mining and exploration. A significant milestone was the discovery and development of the Elliot Lake uranium deposits in Ontario, Canada. Over time, Denison has become a leading uranium exploration and development company focused on the Athabasca Basin region of Saskatchewan, Canada.

Core Business Areas

  • Uranium Exploration and Development: Denison focuses on exploring and developing uranium properties, primarily in the Athabasca Basin. Their flagship project is the Wheeler River project.
  • Uranium Processing: Denison operates the McClean Lake uranium mill, a key processing facility in the Athabasca Basin.
  • Mine Care and Maintenance: Denison provides mine care and maintenance services for closed uranium mines, generating revenue from environmental management.

Leadership and Structure

David Cates serves as President and CEO. The organizational structure includes departments for exploration, development, operations, finance, and corporate affairs. Denison operates under a board of directors.

Top Products and Market Share

Key Offerings

  • Mine Care and Maintenance Services: Provides services to maintain the closed mine. Denison's market share is difficult to quantify but it is the only company that maintains mine care and maintenance
  • Uranium Concentrate (U3O8): Denison produces uranium concentrate (U3O8) through its McClean Lake mill. While Denison doesn't disclose specific market share percentages, the global uranium market is dominated by Cameco and Kazatomprom. Competitors include Cameco (CCJ) and Orano.

Market Dynamics

Industry Overview

The uranium mining industry is characterized by a few major players and fluctuating uranium prices driven by global nuclear energy demand and geopolitical events. The industry is highly regulated due to environmental and safety concerns.

Positioning

Denison is positioned as a key player in the Athabasca Basin, a region known for its high-grade uranium deposits. Its competitive advantages include its flagship Wheeler River project and ownership stake in the McClean Lake mill.

Total Addressable Market (TAM)

The total addressable market for uranium is tied to global nuclear power generation, estimated to be worth tens of billions of dollars annually. Denison is positioned to capture a significant portion of this market through its development projects.

Upturn SWOT Analysis

Strengths

  • High-grade uranium deposits at Wheeler River
  • Ownership stake in McClean Lake mill
  • Experienced management team
  • Strong presence in the Athabasca Basin

Weaknesses

  • Reliance on uranium prices
  • Project development risks
  • Regulatory hurdles
  • Limited revenue generation until Wheeler River is operational

Opportunities

  • Increasing global demand for nuclear energy
  • Rising uranium prices
  • Potential for further discoveries in the Athabasca Basin
  • Strategic partnerships

Threats

  • Fluctuations in uranium prices
  • Geopolitical instability
  • Environmental regulations
  • Competition from larger uranium producers

Competitors and Market Share

Key Competitors

  • CCJ
  • NXE
  • UAMY

Competitive Landscape

Denison competes with larger uranium producers like Cameco and NexGen Energy. Its advantages lie in the high grade of its Wheeler River deposits and its strategic position in the Athabasca Basin. Disadvantages include its smaller size and reliance on project development.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Denison's historical growth has been tied to exploration successes and the advancement of its projects.

Future Projections: Future growth is dependent on the successful development of the Wheeler River project and favorable uranium market conditions. Analyst estimates vary but generally project significant revenue growth once Wheeler River comes online.

Recent Initiatives: Recent initiatives include advancing the Wheeler River project, exploring new properties in the Athabasca Basin, and securing financing for project development.

Summary

Denison Mines Corp is a development-stage uranium company with a significant asset in the Wheeler River project. The company has a strong presence in the Athabasca Basin but relies on uranium prices and faces development risks. Its financial performance is dependent on successful project development, and it does not currently pay dividends. The company's future growth hinges on bringing Wheeler River into production and capitalizing on favorable uranium market conditions.

Similar Companies

  • CCJ
  • NXE
  • UAMY

Sources and Disclaimers

Data Sources:

  • Denison Mines Corp. website
  • Company filings (SEDAR, EDGAR)
  • Industry reports
  • Analyst estimates
  • MarketWatch

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market data and analyst estimates are subject to change. Investment decisions should be based on thorough research and consultation with a qualified financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Denison Mines Corp

Exchange NYSE MKT
Headquaters Toronto, ON, Canada
IPO Launch date 1997-05-16
President, CEO & Director Mr. David Daniel Cates C.A., C.P.A., MAcc
Sector Energy
Industry Uranium
Full time employees -
Full time employees -

Denison Mines Corp. engages in the acquisition, exploration, and development of uranium bearing properties in Canada. It holds 95% interest in its flagship project 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 Corp. was incorporated in 1936 and is headquartered in Toronto, Canada.

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