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DNN 4-star rating from Upturn Advisory
Denison Mines Corp (DNN) company logo

Denison Mines Corp (DNN)

Denison Mines Corp (DNN) 4-star rating from Upturn Advisory
$2.52
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PASS
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Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
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Upturn Advisory Summary

12/01/2025: DNN (4-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 4 star rating for performance

Above Average Performance

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

Number of Analysts

3 star rating from financial analysts

12 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $3.77

1 Year Target Price $3.77

Analysts Price Target For last 52 week
$3.77 Target price
52w Low $1.08
Current$2.52
52w High $3.42

Analysis of Past Performance

Type Stock
Historic Profit 48.07%
Avg. Invested days 39
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/01/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 2.30B USD
Price to earnings Ratio -
1Y Target Price 3.77
Price to earnings Ratio -
1Y Target Price 3.77
Volume (30-day avg) 12
Beta 2.04
52 Weeks Range 1.08 - 3.42
Updated Date 12/1/2025
52 Weeks Range 1.08 - 3.42
Updated Date 12/1/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.16

Earnings Date

Report Date 2025-11-06
When -
Estimate -0.0166
Actual -0.01

Profitability

Profit Margin -
Operating Margin (TTM) -2115.12%

Management Effectiveness

Return on Assets (TTM) -5.49%
Return on Equity (TTM) -39.58%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 2168806726
Price to Sales(TTM) 472.06
Enterprise Value 2168806726
Price to Sales(TTM) 472.06
Enterprise Value to Revenue 625.21
Enterprise Value to EBITDA 27.66
Shares Outstanding 897290541
Shares Floating 894392293
Shares Outstanding 897290541
Shares Floating 894392293
Percent Insiders 0.3
Percent Institutions 66.2

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Denison Mines Corp

Denison Mines Corp(DNN) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Denison Mines Corp. was founded in 1954. It is a uranium exploration and development company with activities focused in the Athabasca Basin region of northern Saskatchewan, Canada. Originally involved in broader mining activities, it has evolved to focus primarily on uranium.

Company business area logo Core Business Areas

  • Uranium Exploration and Development: Denison focuses on discovering, evaluating, and developing uranium deposits, primarily in the Athabasca Basin.
  • Uranium Mining: Denison is advancing plans to develop and operate the Phoenix in-situ recovery (ISR) uranium mine at its Wheeler River project.
  • Uranium Processing: The company operates the McClean Lake uranium mill, a key processing facility in the region.

leadership logo Leadership and Structure

David Cates is the President and CEO. The company has a board of directors responsible for oversight and governance. The organizational structure includes departments for exploration, development, operations, finance, and legal.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Uranium Resources: Denison's primary product is uranium resources. While specific market share figures are not directly available for individual companies' resource holdings, Denison is a significant player in the Athabasca Basin, which accounts for a large portion of global uranium production. Competitors include Cameco (CCJ) and Orano.
  • Milling Services: Denison provides uranium milling services at the McClean Lake mill. These services generate revenue from processing uranium ore from other producers. Market share data for milling services is not readily available. Competitors include Cameco and AREVA (Orano).

Market Dynamics

industry overview logo Industry Overview

The uranium mining industry is influenced by nuclear power demand, geopolitical factors, and environmental regulations. The industry is currently experiencing increased demand due to renewed interest in nuclear energy as a clean energy source.

Positioning

Denison is positioned as a key uranium developer and processor, particularly with its high-grade Phoenix deposit and McClean Lake mill. Its competitive advantage lies in its project economics, strategic assets and technical expertise.

Total Addressable Market (TAM)

The total addressable market for uranium is valued in the billions of USD annually. Projections vary based on nuclear energy adoption rates. Denison is positioned to capture a share of this TAM through its resource base and processing capabilities.

Upturn SWOT Analysis

Strengths

  • High-grade Phoenix uranium deposit
  • Operating McClean Lake mill
  • Experienced management team
  • Strong project economics

Weaknesses

  • Reliance on uranium prices
  • Project development risks
  • Environmental permitting challenges
  • Operational risks associated with ISR mining

Opportunities

  • Increased demand for nuclear energy
  • Rising uranium prices
  • Expansion of milling services
  • Discovery of new uranium deposits

Threats

  • Fluctuations in uranium prices
  • Regulatory changes
  • Environmental opposition to uranium mining
  • Geopolitical instability

Competitors and Market Share

Key competitor logo Key Competitors

  • CCJ
  • UUUU
  • NXE.TO

Competitive Landscape

Denison has a high-grade asset, Phoenix, but Cameco is a larger, established producer. Energy Fuels (UUUU) has existing production. Next Gen Energy (NXE.TO) has a high-grade deposit. Denison's McClean Lake mill gives it a strategic advantage.

Major Acquisitions

Fission Uranium

  • Year: 2016
  • Acquisition Price (USD millions): 483
  • Strategic Rationale: Increase of uranium resource base.

Growth Trajectory and Initiatives

Historical Growth: Denison's historical growth is marked by exploration successes and project advancement.

Future Projections: Future growth is dependent on bringing the Phoenix project into production and expanding its resource base.

Recent Initiatives: Recent initiatives include advancing the Phoenix project through the permitting process and optimizing ISR mining techniques.

Summary

Denison Mines is a development-stage uranium company with significant potential due to its high-grade Phoenix deposit and McClean Lake mill. Its success depends on obtaining necessary permits, securing funding, and navigating uranium price volatility. While it faces strong competition, its strategic assets provide a competitive advantage. Investing in Denison is speculative and tied to the future of nuclear energy. Watch for environmental regulations and geopolitical issues.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Denison Mines Corp. Investor Relations
  • Company SEC Filings
  • Industry Reports on Uranium Market
  • Analyst Reports

Disclaimers:

This analysis is for informational purposes only and does not constitute investment advice. Investment decisions should be made based on individual research and consultation with a qualified financial advisor. Market share data is estimated and may vary based on different sources.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries 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 founded in 1954 and is headquartered in Toronto, Canada.