Denison Mines (DML) Stock Price, News & Analysis

Company Overview

Denison Mines Corp. engages in the acquisition, exploration, and development of uranium bearing properties in Canada. Its flagship project is the Wheeler River uranium project covering an area of approximately 300,000 hectares 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.

Key Stats

• Today's Range: C$2.83 to C$2.93
• 50-Day Range: C$1.94 to C$3.27
• 52-Week Range: C$1.91 to C$3.37
• Volume: 1.44 million shs
• Average Volume: 1.95 million shs
• Market Capitalization: C$2.60 billion
• P/E Ratio: 48.50
• Dividend Yield: 2.36%
• Price Target: C$3.57
• Consensus Rating: Buy

Denison Mines Stock Analysis - MarketRank™

Denison Mines scored higher than 59% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.7 / 5
• Analyst Rating: Buy

Consensus Rating

Denison Mines has received a consensus rating of Buy. The company's average rating score is 3.38, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Denison Mines has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Denison Mines is 48.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.09.

Price to Earnings Ratio vs. Sector

The P/E ratio of Denison Mines is 48.50, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 98.93.

Price to Earnings Growth Ratio

Denison Mines has a PEG Ratio of 1.42. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Denison Mines has a P/B Ratio of 4.28. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for DML.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Denison Mines pays a meaningful dividend of 2.36%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Denison Mines does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for DML.

News and Social Media

• Score: 0.5 / 5
• News Sentiment: -1.10

News Sentiment

Denison Mines has a news sentiment score of -1.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Denison Mines this week, compared to 1 article on an average week.

Search Interest

Only 1 people have searched for DML on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Denison Mines to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Denison Mines insiders have sold 572.52% more of their company's stock than they have bought. Specifically, they have bought C$19,200.00 in company stock and sold C$129,124.00 in company stock.

Percentage Held by Insiders

Only 0.31% of the stock of Denison Mines is held by insiders.

Percentage Held by Institutions

55.58% of the stock of Denison Mines is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

DML Stock Analysis - Frequently Asked Questions

How have DML shares performed this year?

Denison Mines' stock was trading at C$2.32 on January 1st, 2024. Since then, DML stock has increased by 25.4% and is now trading at C$2.91.
View the best growth stocks for 2024 here.

How do I buy shares of Denison Mines?

Shares of DML stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Denison Mines own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Denison Mines investors own include Denison Mines (DNN), NexGen Energy (NXE), Uranium Energy (UEC), EMX Royalty (EMX), Fission Uranium (FCU), Great Panther Mining (GPR) and Cenovus Energy (CVE).

Company Calendar

• Today: 11/14/2024
• Next Earnings (Estimated): 3/06/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Uranium
• Sub-Industry: N/A
• Current Symbol: TSE:DML
• CUSIP: N/A
• CIK: N/A
• Web: www.denisonmines.com
• Phone: +1-416-9791991
• Fax: N/A
• Employees: 65
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$3.57
• High Stock Price Target: C$4.15
• Low Stock Price Target: C$3.00
• Potential Upside/Downside: +22.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.38
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.06
• Trailing P/E Ratio: 48.50
• Forward P/E Ratio: N/A
• P/E Growth: 1.42
• Net Income: C$56.22 million
• Net Margins: 1,412.07%
• Pretax Margin: N/A
• Return on Equity: 10.60%
• Return on Assets: -5.26%

Debt

• Debt-to-Equity Ratio: 0.07
• Current Ratio: 6.94
• Quick Ratio: 3.12

Sales & Book Value

• Annual Sales: C$4.03 million
• Price / Sales: 644.37
• Cash Flow: C$0.15 per share
• Price / Cash Flow: 19.37
• Book Value: C$0.68 per share
• Price / Book: 4.28

Miscellaneous

• Outstanding Shares: 892,370,000
• Free Float: N/A
• Market Cap: C$2.60 billion
• Optionable: Not Optionable
• Beta: 1.89