Is Denison Mines Stock a Good Investment?
Denison Mines Investment Advice | DNN |
- Examine Denison Mines' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Denison Mines' leadership team and their track record. Good management can help Denison Mines navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil, Gas & Consumable Fuels space and any emerging trends that could impact Denison Mines' business and its evolving consumer preferences.
- Compare Denison Mines' performance and market position to its competitors. Analyze how Denison Mines is positioned in terms of product offerings, innovation, and market share.
- Check if Denison Mines pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Denison Mines' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Denison Mines Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Denison Mines Corp is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Denison Mines Stock
Researching Denison Mines' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 51.0% of the company shares are held by institutions such as insurance companies. The book value of Denison Mines was currently reported as 0.66. The company recorded a loss per share of 0.02. Denison Mines Corp had not issued any dividends in recent years. The entity had 288:100 split on the 7th of December 2006.
To determine if Denison Mines is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Denison Mines' research are outlined below:
| Denison Mines Corp generated a negative expected return over the last 90 days | |
| Denison Mines Corp may become a speculative penny stock | |
| Denison Mines Corp has high historical volatility and very poor performance | |
| 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: Greenridge Exploration Announces OTCQB Listing and Receives DTC Eligibility |
Denison Mines uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Denison Mines Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Denison Mines' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 14th of March 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Denison Mines' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Denison Mines' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2020-08-06 | 2020-06-30 | -0.0023 | -0.0012 | 0.0011 | 47 | ||
2023-08-09 | 2023-06-30 | -0.01 | -0.0076 | 0.0024 | 24 | ||
2023-03-09 | 2022-12-31 | -0.01 | -0.0051 | 0.0049 | 49 | ||
2016-08-04 | 2016-06-30 | -0.01 | -0.0037 | 0.0063 | 63 | ||
2020-11-05 | 2020-09-30 | -0.003 | -0.01 | -0.007 | 233 | ||
2023-05-10 | 2023-03-31 | -0.01 | -0.0021 | 0.0079 | 79 | ||
2017-05-02 | 2017-03-31 | -0.01 | -0.0012 | 0.0088 | 88 | ||
2024-11-07 | 2024-09-30 | -0.01 | -0.02 | -0.01 | 100 |
Denison Mines' market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 1.73 B.Market Cap |
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Denison Mines' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.11 | 0.12 | |
| Return On Capital Employed | (0.06) | (0.07) | |
| Return On Assets | 0.11 | 0.12 | |
| Return On Equity | 0.14 | 0.13 |
Determining Denison Mines' profitability involves analyzing its financial statements and using various financial metrics to determine if Denison Mines is a good buy. For example, gross profit margin measures Denison Mines' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Denison Mines' profitability and make more informed investment decisions.
Evaluate Denison Mines' management efficiency
Denison Mines Corp has Return on Asset of (0.0552) % which means that on every $100 spent on assets, it lost $0.0552. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0491) %, meaning that it generated no profit with money invested by stockholders. Denison Mines' management efficiency ratios could be used to measure how well Denison Mines manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Denison Mines' Return On Tangible Assets are very stable compared to the past year. As of the 18th of January 2025, Return On Assets is likely to grow to 0.12, while Return On Capital Employed is likely to drop (0.07). At this time, Denison Mines' Total Current Assets are very stable compared to the past year. As of the 18th of January 2025, Net Tangible Assets is likely to grow to about 526.5 M, while Total Assets are likely to drop about 418.6 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.87 | 1.00 | |
| Tangible Book Value Per Share | 0.87 | 0.95 | |
| Enterprise Value Over EBITDA | 17.00 | 17.85 | |
| Price Book Value Ratio | 3.53 | 3.30 | |
| Enterprise Value Multiple | 17.00 | 17.85 | |
| Price Fair Value | 3.53 | 3.30 | |
| Enterprise Value | 1.7 B | 1.7 B |
Leadership effectiveness at Denison Mines Corp is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta 1.884 |
Basic technical analysis of Denison Stock
As of the 18th of January 2025, Denison Mines shows the Coefficient Of Variation of 17615.13, downside deviation of 2.92, and Mean Deviation of 2.66. Denison Mines Corp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.Denison Mines' Outstanding Corporate Bonds
Denison Mines issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Denison Mines Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Denison bonds can be classified according to their maturity, which is the date when Denison Mines Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Understand Denison Mines' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Denison Mines' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0126 | |||
| Market Risk Adjusted Performance | 0.0615 | |||
| Mean Deviation | 2.66 | |||
| Semi Deviation | 2.73 | |||
| Downside Deviation | 2.92 | |||
| Coefficient Of Variation | 17615.13 | |||
| Standard Deviation | 3.84 | |||
| Variance | 14.76 | |||
| Information Ratio | 0.004 | |||
| Jensen Alpha | 0.0126 | |||
| Total Risk Alpha | 0.0278 | |||
| Sortino Ratio | 0.0052 | |||
| Treynor Ratio | 0.0515 | |||
| Maximum Drawdown | 20.84 | |||
| Value At Risk | (4.62) | |||
| Potential Upside | 6.73 | |||
| Downside Variance | 8.55 | |||
| Semi Variance | 7.46 | |||
| Expected Short fall | (3.54) | |||
| Skewness | 1.7 | |||
| Kurtosis | 4.69 |
| Risk Adjusted Performance | 0.0126 | |||
| Market Risk Adjusted Performance | 0.0615 | |||
| Mean Deviation | 2.66 | |||
| Semi Deviation | 2.73 | |||
| Downside Deviation | 2.92 | |||
| Coefficient Of Variation | 17615.13 | |||
| Standard Deviation | 3.84 | |||
| Variance | 14.76 | |||
| Information Ratio | 0.004 | |||
| Jensen Alpha | 0.0126 | |||
| Total Risk Alpha | 0.0278 | |||
| Sortino Ratio | 0.0052 | |||
| Treynor Ratio | 0.0515 | |||
| Maximum Drawdown | 20.84 | |||
| Value At Risk | (4.62) | |||
| Potential Upside | 6.73 | |||
| Downside Variance | 8.55 | |||
| Semi Variance | 7.46 | |||
| Expected Short fall | (3.54) | |||
| Skewness | 1.7 | |||
| Kurtosis | 4.69 |
Consider Denison Mines' intraday indicators
Denison Mines intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Denison Mines stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 1.5 M | |||
| Daily Balance Of Power | 0.25 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 1.88 | |||
| Day Typical Price | 1.88 | |||
| Price Action Indicator | 0.01 | |||
| Period Momentum Indicator | 0.02 |
Denison Stock media impact
Far too much social signal, news, headlines, and media speculation about Denison Mines that are available to investors today. That information is available publicly through Denison media outlets and privately through word of mouth or via Denison internal channels. However, regardless of the origin, that massive amount of Denison data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Denison Mines news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Denison Mines relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Denison Mines' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Denison Mines alpha.
Denison Mines Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Denison Mines can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Denison Mines Corporate Directors
| Jack Lundin | Independent Director | Profile | |
| Patricia Volker | Independent Director | Profile | |
| William Rand | Independent Director | Profile | |
| Brian Edgar | Independent Director | Profile |
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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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 | Quarterly Revenue Growth (0.11) | Return On Assets | Return On Equity |
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.
In summary, please note that there is a difference between Denison Mines' value and its price, as these two are different measures arrived at by various 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.