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Denison Mines Corp (DNN)

Upturn stock ratingUpturn stock rating
$2.32
Last Close (24-hour delay)
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PASS
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Upturn Advisory Summary

08/29/2025: DNN (2-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

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

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

1 Year Target Price $3.75

1 Year Target Price $3.75

Analysts Price Target For last 52 week
$3.75 Target price
52w Low $1.08
Current$2.32
52w High $2.47

Analysis of Past Performance

Type Stock
Historic Profit 31.87%
Avg. Invested days 38
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/29/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 2.08B USD
Price to earnings Ratio -
1Y Target Price 3.75
Price to earnings Ratio -
1Y Target Price 3.75
Volume (30-day avg) 12
Beta 1.87
52 Weeks Range 1.08 - 2.47
Updated Date 08/30/2025
52 Weeks Range 1.08 - 2.47
Updated Date 08/30/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.07

Earnings Date

Report Date 2025-08-08
When -
Estimate -0.013
Actual 0.0073

Profitability

Profit Margin -
Operating Margin (TTM) -1472.57%

Management Effectiveness

Return on Assets (TTM) -6.79%
Return on Equity (TTM) -15.07%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 1953041750
Price to Sales(TTM) 460.59
Enterprise Value 1953041750
Price to Sales(TTM) 460.59
Enterprise Value to Revenue 596.06
Enterprise Value to EBITDA 27.66
Shares Outstanding 896553024
Shares Floating 893657010
Shares Outstanding 896553024
Shares Floating 893657010
Percent Insiders 0.3
Percent Institutions 60.05

ai summary icon Upturn AI SWOT

Denison Mines Corp

stock logo

Company Overview

overview logo History and Background

Denison Mines Corp. was founded in 1954. Initially focused on oil and gas, it transitioned to uranium mining in the Elliot Lake area of Ontario. It has evolved into a uranium exploration and development company with assets in the Athabasca Basin of Saskatchewan, Canada.

business area logo Core Business Areas

  • Uranium Exploration and Development: Focuses on the exploration and development of uranium properties, primarily in the Athabasca Basin of Saskatchewan, Canada. This includes project evaluation, permitting, and technical studies.
  • Uranium Mining: Denison does not currently operate any mines. They are focused on advancing the Wheeler River project towards production using the In-Situ Recovery (ISR) mining method.
  • Uranium Processing: Owns the McClean Lake uranium mill, a key strategic asset in the Athabasca Basin. This mill is used to process uranium ore from various sources. Denison owns 22.5%.

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, finance, and operations.

Top Products and Market Share

overview logo Key Offerings

  • Uranium: Denison's primary product will be uranium concentrate (U3O8) once Wheeler River is in production. Market share data for future production is not yet available. Competitors include Cameco, Orano, and Kazatomprom.
  • Milling Services: Denison processes uranium ore for other companies at the McClean Lake mill, generating revenue. Market share is dependent on the volume of ore processed annually. Competitors include Orano's mill operations.

Market Dynamics

industry overview logo Industry Overview

The uranium market is influenced by nuclear power demand, geopolitical factors, and mine supply. Demand is expected to increase with the growth of nuclear energy as a low-carbon energy source. The price of uranium fluctuates based on these factors.

Positioning

Denison Mines Corp is positioned as a uranium exploration and development company with a focus on in-situ recovery (ISR) mining. Its strategic assets in the Athabasca Basin and ownership stake in the McClean Lake mill provide a competitive advantage.

Total Addressable Market (TAM)

The total addressable market for uranium is difficult to precisely quantify but estimates range in the tens of billions annually, depending on price and demand. Denison is positioning itself to capture a significant portion of future supply. Wheeler River is a key asset in capturing this market.

Upturn SWOT Analysis

Strengths

  • High-grade uranium deposits in the Athabasca Basin
  • In-situ recovery (ISR) mining method potential (Wheeler River)
  • Ownership stake in the McClean Lake uranium mill
  • Experienced management team

Weaknesses

  • Wheeler River project is not yet in production
  • Reliance on uranium price fluctuations
  • Permitting and regulatory hurdles

Opportunities

  • Increasing demand for nuclear energy
  • Rising uranium prices
  • Potential for expansion of ISR mining
  • Strategic partnerships and acquisitions

Threats

  • Political and regulatory risks
  • Environmental concerns
  • Competition from other uranium producers
  • Uranium price volatility

Competitors and Market Share

competitor logo Key Competitors

  • CCJ
  • URNM
  • UUUU

Competitive Landscape

Denison's competitive advantages include its high-grade uranium deposits and potential for ISR mining. Challenges include securing financing and navigating the regulatory environment. Denison is smaller than Cameco and Orano, but has a unique asset in Wheeler River.

Major Acquisitions

Fission Uranium Corp

  • Year: 2016
  • Acquisition Price (USD millions): 483
  • Strategic Rationale: Denison attempted to purchase Fission to get access to their PLS deposit in the Athabasca Basin. The deal fell apart as CGN Mining ultimately acquired Fission.

Growth Trajectory and Initiatives

Historical Growth: Historical growth is characterized by exploration activities and project development milestones.

Future Projections: Future growth is dependent on the successful development and operation of the Wheeler River project and uranium market conditions. Analysts expect increased revenue once the project is in production.

Recent Initiatives: Recent initiatives include advancing the Wheeler River project through the permitting process, exploration activities, and securing financing.

Summary

Denison Mines Corp is a uranium exploration and development company with promising assets, particularly the Wheeler River project. Its strategic focus on in-situ recovery (ISR) offers a potentially cost-effective mining method. However, the company faces challenges related to permitting, financing, and uranium price volatility. The success of Wheeler River will significantly impact the company's future performance.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Denison Mines Corp. Investor Relations
  • Public Filings
  • Industry Reports
  • Analyst Reports

Disclaimers:

This analysis is based on publicly available information and analyst estimates. It is not financial advice, and investors should conduct their own due diligence before making investment decisions. 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 founded in 1954 and is headquartered in Toronto, Canada.