Denison Announces Completion of Conceptual Mining Study Evaluating ISR for Midwest and Plans to Advance Efforts in 2023 - Yahoo Canada Finance
DML Stock | CAD 3.20 0.01 0.31% |
About 54% of Denison Mines' investor base is interested to short. The analysis of overall sentiment of trading Denison Mines Corp stock suggests that many investors are impartial at this time. Denison Mines' investing sentiment overview a quick insight into current market opportunities from investing in Denison Mines Corp. Many technical investors use Denison Mines Corp stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Denison |
Denison Announces Completion of Conceptual Mining Study Evaluating ISR for Midwest and Plans to Advance Efforts in 2023 Yahoo Canada Finance
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Denison Mines Fundamental Analysis
We analyze Denison Mines' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Denison Mines using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Denison Mines based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Asset
Return On Asset Comparative Analysis
Denison Mines is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Denison Mines Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Denison Mines stock to make a market-neutral strategy. Peer analysis of Denison Mines could also be used in its relative valuation, which is a method of valuing Denison Mines by comparing valuation metrics with similar companies.
Peers
Denison Mines Related Equities
NXE | NexGen Energy | 0.43 |
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URE | Ur Energy | 0.55 |
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CCO | Cameco Corp | 1.49 |
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EFR | Energy Fuels | 1.95 |
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FCU | Fission Uranium | 3.45 |
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Check out Denison Mines Hype Analysis, Denison Mines Correlation and Denison Mines Performance. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.