Denison Mines Corp Stock Analysis

Denison Stock Analysis Notes

About 50.0% of the company shares are held by institutions such as insurance companies. The book value of Denison Mines was currently reported as 0.72. The company had not issued any dividends in recent years. Denison Mines Corp had 288:100 split on the 7th of December 2006. Denison Mines Corp. engages in the acquisition, exploration, development, extraction, processing, selling of, and investing in uranium properties in Canada. Denison Mines Corp. was founded in 1997 and is headquartered in Toronto, Canada. Denison Mines operates under Uranium classification in the United States and is traded on AMEX Exchange. To learn more about Denison Mines Corp call Ronald Hochstein at 416-979-1991 or check out https://denisonmines.com.

Denison Mines Corp Investment Alerts

Denison Mines Corp Upcoming and Recent Events

Denison Largest EPS Surprises

View All Earnings Estimates

Denison Mines Thematic Classifications

Denison Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 1.82 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Denison Mines's market, we take the total number of its shares issued and multiply it by Denison Mines's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Denison Profitablity

The company has Net Profit Margin of 48.72 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is very large. In the same way, it shows Net Operating Margin of (24.63) %, which entails that for every $100 of revenue, it lost $24.63.

Management Efficiency

Denison Mines Corp has Return on Asset of (0.046) % which means that on every $100 spent on assets, it lost $0.046. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1658 %, implying that it generated $0.1658 on every 100 dollars invested. 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 19th of April 2024, 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 19th of April 2024, Net Tangible Assets is likely to grow to about 526.5 M, while Total Assets are likely to drop about 421.3 M.

Technical Drivers

As of the 19th of April, Denison Mines shows the Mean Deviation of 2.34, coefficient of variation of 5704.87, and Downside Deviation of 2.85. 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Denison Mines Corp, which can be compared to its peers. Please confirm Denison Mines Corp coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Denison Mines Corp is priced favorably, providing market reflects its regular price of 2.01 per share. Please also check Denison Mines Corp total risk alpha, which is currently at (0.25) to verify the company can sustain itself at a future point.

Denison Mines Corp Price Movement Analysis

Denison Mines Predictive Daily Indicators

Denison Mines Corporate Filings

Denison Mines Forecast Models

Denison Mines' time-series forecasting models are one of many Denison Mines' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Denison Mines' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Denison Mines prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Denison shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Denison Mines. By using and applying Denison Stock analysis, traders can create a robust methodology for identifying Denison entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Denison analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Denison analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Denison Mines Corp stock analysis indicators help investors evaluate how Denison Mines stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Denison Mines shares will generate the highest return on investment. By understating and applying Denison Mines stock analysis, traders can identify Denison Mines position entry and exit signals to maximize returns.

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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

When running Denison Mines' price analysis, check to measure Denison Mines' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Denison Mines is operating at the current time. Most of Denison Mines' value examination focuses on studying past and present price action to predict the probability of Denison Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Denison Mines' price. Additionally, you may evaluate how the addition of Denison Mines to your portfolios can decrease your overall portfolio volatility.

Is Denison Mines' industry 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.

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.