Denison Mines Corp Stock Analysis
| DML Stock | CAD 2.88 0.06 2.04% |
Denison Mines Corp is overvalued with Real Value of 2.75 and Hype Value of 2.92. The main objective of Denison Mines stock analysis is to determine its intrinsic value, which is an estimate of what Denison Mines Corp is worth, separate from its market price. There are two main types of Denison Mines' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Denison Mines' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Denison Mines' stock to identify patterns and trends that may indicate its future price movements.
The Denison Mines stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Denison Mines is usually not traded on Victoria Day, Canada Day, Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday. Denison Stock trading window is adjusted to America/Toronto timezone.
Denison |
Denison Stock Analysis Notes
About 57.0% 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 had not issued any dividends in recent years. 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. To learn more about Denison Mines Corp call the company at 416-979-1991 or check out https://denisonmines.com.Denison Mines Corp Investment Alerts
| Denison Mines Corp appears to be risky and price may revert if volatility continues | |
| 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. | |
| Roughly 57.0% of the company shares are held by institutions such as insurance companies |
Denison Largest EPS Surprises
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.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-03-09 | 2022-12-31 | -0.01 | -0.0069 | 0.0031 | 31 | ||
2023-05-10 | 2023-03-31 | -0.01 | -0.0029 | 0.0071 | 71 | ||
2021-08-05 | 2021-06-30 | -0.01 | -0.0029 | 0.0071 | 71 |
Denison Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.57 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
Denison Mines' profitability indicators refer to fundamental financial ratios that showcase Denison Mines' ability to generate income relative to its revenue or operating costs. If, let's say, Denison Mines is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Denison Mines' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Denison Mines' profitability requires more research than a typical breakdown of Denison Mines' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| 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 | 0.15 |
Management Efficiency
Denison Mines Corp has return on total asset (ROA) of (0.0541) % which means that it has lost $0.0541 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0497) %, meaning that it generated substantial loss on money invested by shareholders. 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 10th of November 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 10th of November 2024, Return On Tangible Assets is likely to grow to 0.12, while Total Assets are likely to drop about 419.9 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.76 | 1.00 | |
| Tangible Book Value Per Share | 0.76 | 0.95 | |
| Enterprise Value Over EBITDA | (42.63) | (44.76) | |
| Price Book Value Ratio | 3.07 | 3.30 | |
| Enterprise Value Multiple | (42.63) | (44.76) | |
| Price Fair Value | 3.07 | 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.
Operating Margin (22.01) | Beta 1.884 | Return On Assets (0.05) | Return On Equity (0.05) |
Technical Drivers
As of the 10th of November, Denison Mines shows the Downside Deviation of 2.95, mean deviation of 2.48, and Coefficient Of Variation of 629.05. 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 Corp Price Movement Analysis
The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Denison Mines middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Denison Mines Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Denison Mines Outstanding 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.
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Denison Mines Predictive Daily 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.
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.About Denison Stock Analysis
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.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 49.28 | 51.75 | |
| Operating Profit Margin | (26.36) | (25.04) | |
| Net Profit Margin | 48.72 | 51.16 | |
| Gross Profit Margin | (17.29) | (16.42) |
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Denison Mines to your portfolios without increasing risk or reducing expected return.Did you try this?
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