Denison Mines Corp Stock Performance
| DNN Stock | USD 2.36 0.06 2.61% |
On a scale of 0 to 100, Denison Mines holds a performance score of 17. The firm shows a Beta (market volatility) of 0.8, which means possible diversification benefits within a given portfolio. As returns on the market increase, Denison Mines' returns are expected to increase less than the market. However, during the bear market, the loss of holding Denison Mines is expected to be smaller as well. Please check Denison Mines' semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Denison Mines' price patterns will revert.
Risk-Adjusted Performance
17 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Denison Mines Corp are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of very weak basic indicators, Denison Mines displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 2.61 | Five Day Return (1.67) | Year To Date Return 39.64 | Ten Year Return 138.38 | All Time Return (80.62) |
Last Split Factor 288:100 | Last Split Date 2006-12-07 |
1 | CanAlaska Intersects Ultra High-Grade Unconformity Uranium Mineralization 100 Metres West at Pike Zone | 09/26/2024 |
2 | Skyharbours Partner North Shore Continues Drill Target Generation at Falcon Uranium Project | 10/10/2024 |
3 | Skyharbour Partner Company Terra Clean Energy Plans Winter 2025 Exploration Program at the South Falcon East Uranium Project, Athabasca Basin, Saskatchewan | 10/15/2024 |
4 | Canada stocks lower at close of trade SPTSX Composite down 0.40 | 10/21/2024 |
5 | Foremost Clean Energy Announces Brokered Private Placement for Gross Proceeds of up to C7.0 Million, Including Participation of Denison Mines | 10/24/2024 |
6 | Grounded Lithium Announces Commencement of 2024 Field Program and Selection of Stantec as Lead Author for Pre-Feasibility Study | 11/04/2024 |
7 | Skyharbour Commences Fall Diamond Drilling Program at its Russell Lake Uranium Project, Saskatchewan | 11/07/2024 |
8 | Denison Mines earnings missed, revenue fell short of estimates | 11/08/2024 |
9 | Canada stocks higher at close of trade SPTSX Composite up 0.35 | 11/18/2024 |
10 | Forum Drilling Extends Uranium Mineralization at the Tatiggaq Deposit, Aberdeen Uranium Project, Nunavut | 11/26/2024 |
| Begin Period Cash Flow | 50.9 M |
Denison |
Denison Mines Relative Risk vs. Return Landscape
If you would invest 153.00 in Denison Mines Corp on September 2, 2024 and sell it today you would earn a total of 83.00 from holding Denison Mines Corp or generate 54.25% return on investment over 90 days. Denison Mines Corp is generating 0.7345% of daily returns assuming volatility of 3.3894% on return distribution over 90 days investment horizon. In other words, 30% of stocks are less volatile than Denison, and above 86% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Denison Mines Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Denison Mines' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Denison Mines Corp, and traders can use it to determine the average amount a Denison Mines' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2167
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Estimated Market Risk
| 3.39 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.73 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Denison Mines is performing at about 17% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Denison Mines by adding it to a well-diversified portfolio.
Denison Mines Fundamentals Growth
Denison Stock prices reflect investors' perceptions of the future prospects and financial health of Denison Mines, and Denison Mines fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Denison Stock performance.
| Return On Equity | -0.0491 | ||||
| Return On Asset | -0.0552 | ||||
| Operating Margin | (22.70) % | ||||
| Current Valuation | 2.05 B | ||||
| Shares Outstanding | 892.62 M | ||||
| Price To Earning | 28.00 X | ||||
| Price To Book | 5.05 X | ||||
| Price To Sales | 533.99 X | ||||
| Revenue | 1.85 M | ||||
| Gross Profit | 5.32 M | ||||
| EBITDA | 96.46 M | ||||
| Net Income | 89.36 M | ||||
| Cash And Equivalents | 47.85 M | ||||
| Cash Per Share | 0.08 X | ||||
| Total Debt | 417 K | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 3.88 X | ||||
| Book Value Per Share | 0.66 X | ||||
| Cash Flow From Operations | (30.67 M) | ||||
| Earnings Per Share | (0.02) X | ||||
| Market Capitalization | 2.11 B | ||||
| Total Asset | 726.6 M | ||||
| Retained Earnings | (1.08 B) | ||||
| Working Capital | 130.59 M | ||||
| Current Asset | 20.35 M | ||||
| Current Liabilities | 45.7 M | ||||
About Denison Mines Performance
By examining Denison Mines' fundamental ratios, stakeholders can obtain critical insights into Denison Mines' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Denison Mines is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 335.22 | 318.46 | |
| Return On Tangible Assets | 0.12 | 0.13 | |
| Return On Capital Employed | (0.07) | (0.07) | |
| Return On Assets | 0.12 | 0.13 | |
| Return On Equity | 0.14 | 0.15 |
Things to note about Denison Mines Corp performance evaluation
Checking the ongoing alerts about Denison Mines for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Denison Mines Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Denison Mines Corp appears to be risky and price may revert if volatility continues | |
| Denison Mines Corp has about 47.85 M in cash with (30.67 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08. | |
| Denison Mines Corp has a frail financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: Forum Drilling Extends Uranium Mineralization at the Tatiggaq Deposit, Aberdeen Uranium Project, Nunavut |
- Analyzing Denison Mines' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Denison Mines' stock is overvalued or undervalued compared to its peers.
- Examining Denison Mines' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Denison Mines' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Denison Mines' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Denison Mines' stock. These opinions can provide insight into Denison Mines' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Denison Mines Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Oil, Gas & Consumable Fuels space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Denison Mines. If investors know Denison will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Denison Mines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.02) | Revenue Per Share 0.004 | Quarterly Revenue Growth (0.11) | Return On Assets (0.06) | Return On Equity (0.05) |
The market value of Denison Mines Corp is measured differently than its book value, which is the value of Denison that is recorded on the company's balance sheet. Investors also form their own opinion of Denison Mines' value that differs from its market value or its book value, called intrinsic value, which is Denison Mines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Denison Mines' market value can be influenced by many factors that don't directly affect Denison Mines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Denison Mines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Denison Mines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Denison Mines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.