Denison Mines (DNN) 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: $2.18 to $2.31
• 50-Day Range: $1.49 to $2.42
• 52-Week Range: $1.40 to $2.47
• Volume: 33.34 million shs
• Average Volume: 16.13 million shs
• Market Capitalization: $1.98 billion
• P/E Ratio: 37.00
• Dividend Yield: N/A
• Price Target: $2.93
• Consensus Rating: Strong Buy

Denison Mines Stock Analysis - MarketRank™

Denison Mines scored higher than 81% 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: 3.8 / 5
• Analyst Rating: Strong Buy

Consensus Rating

Denison Mines has received a consensus rating of Strong Buy. The company's average rating score is 3.57, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Denison Mines has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Denison Mines are expected to grow in the coming year, from ($0.06) to ($0.04) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Denison Mines is 37.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.51.

Price to Earnings Ratio vs. Sector

The P/E ratio of Denison Mines is 37.00, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 127.45.

Price to Book Value per Share Ratio

Denison Mines has a P/B Ratio of 4.19. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.56% of the outstanding shares of Denison Mines have been sold short.

Short Interest Ratio / Days to Cover

Denison Mines has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Denison Mines has recently decreased by 5.02%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Denison Mines does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

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

Percentage of Shares Shorted

4.56% of the outstanding shares of Denison Mines have been sold short.

Short Interest Ratio / Days to Cover

Denison Mines has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Denison Mines has recently decreased by 5.02%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 4.0 / 5
• News Sentiment: 1.16

News Sentiment

Denison Mines has a news sentiment score of 1.16. 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 higher news sentiment than the 0.35 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Denison Mines this week, compared to 3 articles on an average week.

Search Interest

36 people have searched for DNN on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

MarketBeat Follows

15 people have added Denison Mines to their MarketBeat watchlist in the last 30 days. This is an increase of 1,400% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Denison Mines insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.58% of the stock of Denison Mines is held by insiders.

Percentage Held by Institutions

Only 36.74% of the stock of Denison Mines is held by institutions.

DNN Stock Analysis - Frequently Asked Questions

How have DNN shares performed this year?

Denison Mines' stock was trading at $1.98 at the start of the year. Since then, DNN stock has increased by 12.1% and is now trading at $2.22.
View the best growth stocks for 2024 here.

How were Denison Mines' earnings last quarter?

Denison Mines Corp. (NYSEAMERICAN:DNN) released its quarterly earnings results on Thursday, August, 8th. The basic materials company reported ($0.01) EPS for the quarter, hitting analysts' consensus estimates of ($0.01). The basic materials company had revenue of $0.97 million for the quarter, compared to analysts' expectations of $0.80 million. Denison Mines had a trailing twelve-month return on equity of 9.45% and a net margin of 950.42%.

Who are Denison Mines' major shareholders?

Denison Mines' top institutional shareholders include HTLF Bank (0.02%), Vontobel Holding Ltd. (0.01%) and SG Americas Securities LLC (0.01%).

How do I buy shares of Denison Mines?

Shares of DNN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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 NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Novo Nordisk A/S (NVO), Arista Networks (ANET), Adobe (ADBE) and General Electric (GE).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 10/17/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Basic Materials
• Industry: Miscellaneous metal ores
• Sub-Industry: Non-Metallic And Industrial Metal Mining
• Current Symbol: NYSEAMERICAN:DNN
• Previous Symbol: NYSEMKT:DNN
• CUSIP: N/A
• CIK: 1063259
• Web: www.denisonmines.com
• Phone: (416) 979-1991
• Fax: 416-979-5893
• Employees: 93
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $2.93
• High Stock Price Target: $3.25
• Low Stock Price Target: $2.60
• Potential Upside/Downside: +31.2%
• Consensus Rating: Strong Buy
• Rating Score (0-4): 3.57
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.06
• Trailing P/E Ratio: 37.17
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $66.95 million
• Net Margins: 950.42%
• Pretax Margin: 895.83%
• Return on Equity: 9.45%
• Return on Assets: 8.28%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 6.94
• Quick Ratio: 6.78

Sales & Book Value

• Annual Sales: $1.37 million
• Price / Sales: 1,452.92
• Cash Flow: $0.10 per share
• Price / Cash Flow: 22.53
• Book Value: $0.53 per share
• Price / Book: 4.21

Miscellaneous

• Outstanding Shares: 892,600,000
• Free Float: 887,420,000
• Market Cap: $1.99 billion
• Optionable: Not Optionable
• Beta: 1.71