Denison Mines Corp Stock Buy Hold or Sell Recommendation
| DML Stock | CAD 2.97 0.11 3.57% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Denison Mines Corp is 'Strong Hold'. The recommendation algorithm takes into account all of Denison Mines' available fundamental, technical, and predictive indicators you will find on this site.
Check out Denison Mines Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Denison and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards 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.
Denison |
Execute Denison Mines Buy or Sell Advice
The Denison recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Denison Mines Corp. Macroaxis does not own or have any residual interests in Denison Mines Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Denison Mines' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Good | Details | |
Volatility | Unstable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Denison Mines Trading Alerts and Improvement Suggestions
| 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. |
Denison Mines Returns Distribution Density
The distribution of Denison Mines' historical returns is an attempt to chart the uncertainty of Denison Mines' future price movements. The chart of the probability distribution of Denison Mines daily returns describes the distribution of returns around its average expected value. We use Denison Mines Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Denison Mines returns is essential to provide solid investment advice for Denison Mines.
| Mean Return | 0.50 | Value At Risk | -3.98 | Potential Upside | 6.05 | Standard Deviation | 3.17 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Denison Mines historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Denison Mines Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 232K | 220K | (410K) | 741K | (866K) | (909.3K) | |
| Change In Cash | (15.0M) | 16.8M | 39.0M | (13.1M) | 80.1M | 84.1M | |
| Free Cash Flow | (19.7M) | (13.8M) | (22.5M) | (35.0M) | (33.9M) | (35.6M) | |
| Other Non Cash Items | (4.8M) | (85K) | (4.7M) | (54.4M) | (129.1M) | (122.7M) | |
| Capital Expenditures | 929K | 278K | 1.2M | 6.9M | 3.2M | 3.1M | |
| End Period Cash Flow | 8.2M | 25.0M | 64.0M | 50.9M | 131.1M | 137.6M | |
| Depreciation | 5.0M | 2.2M | (36.1M) | 8.7M | 5.8M | 7.7M | |
| Net Income | (18.1M) | (16.3M) | 19.0M | 14.4M | 89.4M | 93.8M | |
| Investments | (921K) | 305K | (77.4M) | (6.8M) | (719K) | (755.0K) | |
| Change To Netincome | (11.6M) | (4.0M) | (47.4M) | (52.9M) | (47.6M) | (45.2M) |
Denison Mines Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Denison Mines or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Denison Mines' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Denison stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.48 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 3.15 | |
Ir | Information ratio | 0.13 |
Denison Mines Volatility Alert
Denison Mines Corp currently demonstrates below-average downside deviation. It has Information Ratio of 0.13 and Jensen Alpha of 0.48. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Denison Mines' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Denison Mines' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Denison Mines Fundamentals Vs Peers
Comparing Denison Mines' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Denison Mines' direct or indirect competition across all of the common fundamentals between Denison Mines and the related equities. This way, we can detect undervalued stocks with similar characteristics as Denison Mines or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Denison Mines' fundamental indicators could also be used in its relative valuation, which is a method of valuing Denison Mines by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Denison Mines to competition |
| Fundamentals | Denison Mines | Peer Average |
| Return On Equity | -0.0491 | -0.31 |
| Return On Asset | -0.0552 | -0.14 |
| Operating Margin | (22.70) % | (5.51) % |
| Current Valuation | 2.51 B | 16.62 B |
| Shares Outstanding | 892.62 M | 571.82 M |
| Shares Owned By Insiders | 0.30 % | 10.09 % |
| Shares Owned By Institutions | 51.11 % | 39.21 % |
| Number Of Shares Shorted | 14.1 M | 4.71 M |
| Price To Earning | (28.00) X | 28.72 X |
| Price To Book | 4.53 X | 9.51 X |
| Price To Sales | 672.01 X | 11.42 X |
| Revenue | 1.85 M | 9.43 B |
| Gross Profit | 5.32 M | 27.38 B |
| EBITDA | 97.27 M | 3.9 B |
| Net Income | 89.36 M | 570.98 M |
| Cash And Equivalents | 47.85 M | 2.7 B |
| Cash Per Share | 0.06 X | 5.01 X |
| Total Debt | 417 K | 5.32 B |
| Debt To Equity | 0 % | 48.70 % |
| Current Ratio | 4.17 X | 2.16 X |
| Book Value Per Share | 0.66 X | 1.93 K |
| Cash Flow From Operations | (30.67 M) | 971.22 M |
| Short Ratio | 7.05 X | 4.00 X |
| Earnings Per Share | (0.03) X | 3.12 X |
| Price To Earnings To Growth | (0.52) X | 4.89 X |
| Target Price | 4.34 | |
| Beta | 1.88 | -0.15 |
| Market Capitalization | 2.65 B | 19.03 B |
| Total Asset | 726.6 M | 29.47 B |
| Retained Earnings | (1.08 B) | 9.33 B |
| Working Capital | 130.59 M | 1.48 B |
| Net Asset | 726.6 M |
Denison Mines Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Denison . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Denison Mines Buy or Sell Advice
When is the right time to buy or sell Denison Mines Corp? Buying financial instruments such as Denison Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
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Check out Denison Mines Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.