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Denison Mines Corp (DNN)

Upturn stock ratingUpturn stock rating
$1.79
Last Close (24-hour delay)
Profit since last BUY16.23%
upturn advisory
Consider higher Upturn Star rating
BUY since 34 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
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Upturn Stock infoUpturn Stock info Stock price based on last close
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Upturn Advisory Summary

06/27/2025: DNN (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

ratingratingratingratingrating

Below Average Performance

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

Number of Analysts

rating

12 Analysts rated it

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Year Target Price $4.38

Year Target Price $4.38

Analyst’s Price TargetsFor last 52 week
$4.38Target price
Low$1.08
Current$1.79
high$2.47

Analysis of Past Performance

Type Stock
Historic Profit 16.28%
Avg. Invested days 34
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/27/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.61B USD
Price to earnings Ratio -
1Y Target Price 4.38
Price to earnings Ratio -
1Y Target Price 4.38
Volume (30-day avg) 12
Beta 1.93
52 Weeks Range 1.08 - 2.47
Updated Date 06/30/2025
52 Weeks Range 1.08 - 2.47
Updated Date 06/30/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.09

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -1609.89%

Management Effectiveness

Return on Assets (TTM) -6.18%
Return on Equity (TTM) -20.12%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 1505882186
Price to Sales(TTM) 352.48
Enterprise Value 1505882186
Price to Sales(TTM) 352.48
Enterprise Value to Revenue 450.01
Enterprise Value to EBITDA 27.66
Shares Outstanding 896345024
Shares Floating 893449348
Shares Outstanding 896345024
Shares Floating 893449348
Percent Insiders 0.3
Percent Institutions 56.87

Analyst Ratings

Rating 4
Target Price 4.38
Buy 7
Strong Buy 5
Buy 7
Strong Buy 5
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Denison Mines Corp

stock logo

Company Overview

overview logo History and Background

Denison Mines Corp. (DML) was founded in 1954 as Denison Petroleum. The company has evolved to become a uranium exploration and development company with assets primarily in the Athabasca Basin region of northern Saskatchewan, Canada. Key milestones include the discovery and development of the Elliot Lake uranium mines and the acquisition of significant uranium assets.

business area logo Core Business Areas

  • Uranium Exploration and Development: Focuses on exploring and developing uranium deposits, primarily in the Athabasca Basin region of northern Saskatchewan, Canada. This includes activities related to mine planning, environmental assessment, and permitting.
  • Uranium Mining: Denison is advancing its Wheeler River project, with plans to become a uranium producer. This will be Denisonu2019s first uranium mining. Denison has recently received its needed permit to mine.
  • Uranium Processing: Denison participates in the Rabbit Lake operation and has interest and is able to process its own uranium.

leadership logo Leadership and Structure

David Cates serves as President and CEO. The company has a board of directors and operates with functional departments including exploration, development, operations, finance, and legal.

Top Products and Market Share

overview logo Key Offerings

  • Uranium: Denison's primary 'product' is uranium concentrate (U3O8), a key fuel for nuclear power plants. They currently do not have market share, but when the Wheeler River project starts mining, Denison anticipates to have a significant portion. Competitors include Cameco (CCJ), Orano, and Kazatomprom.

Market Dynamics

industry overview logo Industry Overview

The uranium industry is driven by the demand for nuclear power. Demand is increasing with a greater push for sustainable energy across the globe. Factors influencing uranium prices include geopolitical events, nuclear energy policies, and supply disruptions. The industry is consolidated, with a few major players dominating global production.

Positioning

Denison is positioned as a uranium developer focused on high-grade deposits in the Athabasca Basin. Its competitive advantage lies in its high-quality assets, advanced development projects like Wheeler River, and innovative mining methods (ISR).

Total Addressable Market (TAM)

The global uranium market is estimated to be worth billions of dollars annually. Denison is positioned to capture a portion of this TAM by bringing its Wheeler River project into production. Future TAM is expected to grow as Nuclear Energy sees a resurgence in demand and more nuclear power plants come online.

Upturn SWOT Analysis

Strengths

  • High-grade uranium deposits in the Athabasca Basin
  • Advanced stage Wheeler River project
  • Innovative ISR mining method
  • Experienced management team

Weaknesses

  • Not yet a producer; reliance on development timelines
  • Subject to regulatory approvals and environmental permitting
  • Sensitivity to uranium price fluctuations
  • Smaller market capitalization compared to major producers

Opportunities

  • Rising uranium prices driven by nuclear energy demand
  • Expansion of existing projects and acquisition of new assets
  • Partnerships with utilities or other mining companies
  • Technological advancements in uranium extraction and processing

Threats

  • Geopolitical instability and nuclear policy changes
  • Environmental opposition to uranium mining
  • Competition from low-cost uranium producers
  • Delays in project development and permitting

Competitors and Market Share

competitor logo Key Competitors

  • CCJ
  • NXE.TO
  • GLO.TO

Competitive Landscape

Denison's advantage is its high grade uranium deposit at Wheeler River in the Athabasca basin, but it lacks a production profile as compared to Cameco.

Major Acquisitions

Fission Uranium

  • Year: 2015
  • Acquisition Price (USD millions): 360
  • Strategic Rationale: To consolidate uranium resources in the Athabasca Basin and acquire the Patterson Lake South project. This transaction was ultimately unsuccessful.

Growth Trajectory and Initiatives

Historical Growth: Denison's historical growth has been characterized by the acquisition and exploration of uranium assets. Stock price appreciation and losses are dependent on Uranium prices

Future Projections: Future growth is expected to be driven by the development of the Wheeler River project and the potential for new discoveries. Analyst estimates vary depending on uranium price forecasts and project timelines.

Recent Initiatives: Recent initiatives include advancing the Wheeler River project, securing environmental approvals, and exploring new uranium assets.

Summary

Denison Mines Corp. is a uranium exploration and development company with significant potential in the Athabasca Basin. Its key strength is the high-grade Wheeler River project, but it faces challenges in securing financing and navigating regulatory hurdles. Denison is well-positioned to benefit from rising uranium prices and increasing demand for nuclear energy. The company needs to successfully develop Wheeler River into a mine and control project spending.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Denison Mines Corp. company reports
  • Industry publications
  • Analyst reports

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be made based on individual circumstances and consultation with a financial professional. Market share data is estimated and may not be precise.

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.