Denison Mines Corp Stock Today

DML Stock  CAD 2.97  0.11  3.57%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 26

 
High
 
Low
Below Average
Denison Mines is selling at 2.97 as of the 14th of December 2024; that is 3.57% down since the beginning of the trading day. The stock's open price was 3.08. Denison Mines has about a 26 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. The performance scores are derived for the period starting the 25th of December 2022 and ending today, the 14th of December 2024. Click here to learn more.
Business Domain
Energy
Denison Mines Corp. operates as a uranium exploration and development company in Canada. The company was formerly known as International Uranium Corporation and changed its name to Denison Mines Corp. in December 2006. DENISON MINES operates under Uranium classification in Canada and is traded on Toronto Stock Exchange.. The company has 892.62 M outstanding shares of which 14.1 M shares are currently shorted by private and institutional investors with about 7.05 days to cover all short positions. More on Denison Mines Corp

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Denison Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Denison Mines' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Denison Mines or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationOil, Gas & Consumable Fuels, Uranium, Energy, Energy, Oil, Gas & Consumable Fuels, Uranium, Energy (View all Sectors)
Denison Mines' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Denison Mines' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Denison Mines can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Denison Mines' financial leverage. It provides some insight into what part of Denison Mines' total assets is financed by creditors.
Liquidity
Denison Mines cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Denison Mines Corp has accumulated 417 K in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Denison Mines Corp has a current ratio of 4.09, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Denison Mines until it has trouble settling it off, either with new capital or with free cash flow. So, Denison Mines' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Denison Mines Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Denison to invest in growth at high rates of return. When we think about Denison Mines' use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

(122.66 Million)
Denison Mines Corp (DML) is traded on Toronto Exchange in Canada and employs 10 people. Denison Mines is listed under Oil, Gas & Consumable Fuels category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.82 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 Mines Corp operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 892.62 M outstanding shares of which 14.1 M shares are currently shorted by private and institutional investors with about 7.05 days to cover all short positions. Denison Mines Corp has accumulated 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 0.06.
Check Denison Mines Probability Of Bankruptcy
Ownership Allocation
Denison Mines holds a total of 892.62 Million outstanding shares. Over half of Denison Mines' outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Denison Mines. Please watch out for any change in the institutional holdings of Denison Mines Corp as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Denison Ownership Details

Denison Mines Corp Risk Profiles

Although Denison Mines' alpha and beta are two of the key measurements used to evaluate Denison Mines' performance over the market, the standard measures of volatility play an important role as well.

Denison Stock Against Markets

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Denison Mines Corporate Management

Elected by the shareholders, the Denison Mines' board of directors comprises two types of representatives: Denison Mines inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Denison. The board's role is to monitor Denison Mines' management team and ensure that shareholders' interests are well served. Denison Mines' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Denison Mines' outside directors are responsible for providing unbiased perspectives on the board's policies.
PEng EngVP OperationsProfile
Mary SmithVice ResourcesProfile
Geoffrey SmithVice CommercialProfile
Amanda WillettActing Corporate Counsel, Corporate SecretaryProfile
Janna SwitzerSustainability EnvironmentProfile
Sophia ShaneIR Contact OfficerProfile
When determining whether Denison Mines Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Denison Mines' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Denison Mines Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Denison Mines Corp Stock:
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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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.