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Denison Mines (DNN)
:DNN
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Positive Factors
Financial Strength
Denison has one of the strongest balance sheets for funding its relatively modest capital requirements.
Industry Developments
Most recent developments have been positive for uranium, including announcements of another wave of new nuclear reactors in China and an agreement to restart Three Mile Island in the U.S.
Valuation
Denison now offers one of the most attractive P/NPV's at 0.9x with clear near-term catalysts.
Negative Factors
Project Timeline
The company targets first production in 2027/2028, which could see upside to estimates.
Denison Mines (DNN) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.49B
Dividend YieldN/A
Average Volume (3M)94.12M
Price to Earnings (P/E)31.0
Beta (1Y)1.05
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees65
SectorEnergy
Sector Strength44
IndustryUranium
Share Statistics
EPS (TTM)-0.04
Shares Outstanding896,344,540
10 Day Avg. Volume156,206,628
30 Day Avg. Volume94,124,246
Financial Highlights & Ratios
PEG Ratio0.10
Price to Book (P/B)3.44
Price to Sales (P/S)0.00
P/FCF Ratio-40.43
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$2.77Price Target Upside61.05% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Denison Mines Business Overview & Revenue Model
Company DescriptionDenison Mines Corp. engages in the acquisition, exploration, development, extraction, processing, selling of, and investing in uranium properties in Canada. Its flagship project is the 95% interest owned Wheeler River uranium project 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 founded in 1997 and is headquartered in Toronto, Canada.
How the Company Makes Money
Denison Mines Financial Statement Overview
Summary
Denison Mines is facing challenges in consistent profitability and cash generation despite having a solid equity base and low leverage. The income statement highlights ongoing losses and margin pressures, while the balance sheet reflects financial stability due to strong equity. Cash flow challenges persist, indicating operational inefficiencies.Income Statement
Denison Mines has experienced volatile revenue trends, with significant fluctuations year-over-year. The gross profit margin is negative, indicating cost issues relative to revenue. Net profit margin is also negative, highlighting ongoing losses. Despite some revenue growth in the latest year, profitability remains a challenge with negative EBIT and EBITDA margins.45
Neutral
Balance Sheet
The balance sheet shows a strong equity position with a high equity ratio, suggesting a stable financial foundation. The company has no significant debt, reflected in a zero debt-to-equity ratio, reducing leverage risk. However, the negative return on equity indicates the company is not efficiently generating returns on its equity base.60
Neutral
Cash Flow
Cash flow analysis reveals challenges with negative operating and free cash flows, indicating difficulty in generating cash from core operations. The free cash flow to net income ratio is negative, as is the operating cash flow to net income ratio, signaling inefficiencies in cash generation relative to earnings. Despite this, the company has maintained liquidity with cash reserves.40
Negative
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 4.02M | 1.85M | 16.95M | 20.00M | 14.42M | Gross Profit |
| -792.00K | -2.04M | 5.57M | 7.38M | 4.09M | EBIT |
| -63.32M | -48.90M | -39.33M | -23.62M | -18.04M | EBITDA |
| -81.81M | 97.27M | 18.81M | 21.68M | -10.89M | Net Income Common Stockholders |
| -91.12M | 90.38M | 14.35M | 18.98M | -16.28M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 114.81M | 141.45M | 58.94M | 78.44M | 41.65M | Total Assets |
| 663.61M | 726.60M | 515.80M | 510.28M | 320.69M | Total Debt |
| 0.00 | 417.00K | 576.00K | 508.00K | 615.00K | Net Debt |
| -108.52M | -130.64M | -50.34M | -63.49M | -24.38M | Total Liabilities |
| 99.29M | 84.82M | 79.78M | 113.59M | 93.41M | Stockholders Equity |
| 564.32M | 641.78M | 436.02M | 396.69M | 227.28M |
| Cash Flow | Free Cash Flow | |||
| -48.07M | -33.90M | -35.01M | -22.48M | -13.76M | Operating Cash Flow |
| -40.38M | -30.67M | -28.14M | -21.25M | -13.48M | Investing Cash Flow |
| 426.00K | -719.00K | -6.76M | -99.00M | 305.00K | Financing Cash Flow |
| 15.15M | 111.18M | 20.96M | 159.82M | 30.51M |
Denison Mines Peers Comparison
Overall Rating
UnderperformOutperform
Sector (57)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| $1.49B | 31.01 | -20.00% | ― | ― | ― | ||
57 Neutral | $7.23B | 3.16 | -4.49% | 5.63% | 0.82% | -49.15% | |
| $26.33B | 148.34 | 3.93% | 0.19% | ― | ― | ||
53 Neutral | C$547.61M | ― | -25.71% | ― | 58.00% | -256.97% | |
| $82.23M | ― | -11.27% | ― | ― | ― | ||
| $3.64B | 23.27 | -9.06% | ― | ― | ― | ||
| $312.57M | 285.37 | 0.45% | ― | ― | ― |
* Energy Sector Average
Performance Comparison
DNN
Denison Mines
1.72
-0.40
-18.87%
CCJ
Cameco
66.91
13.31
24.83%
TSE:EU
enCore Energy
2.94
-2.73
-48.15%
MGAFF
Mega Uranium
0.22
-0.03
-12.00%
NXE
NexGen Energy
6.40
-0.64
-9.09%
UROY
Uranium Royalty Corp
2.34
-0.10
-4.10%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.