Denison Mines Corp Stock Fundamentals
| DML Stock | CAD 2.04 0.04 2.00% |
Denison Mines Corp fundamentals help investors to digest information that contributes to Denison Mines' financial success or failures. It also enables traders to predict the movement of Denison Stock. The fundamental analysis module provides a way to measure Denison Mines' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Denison Mines stock.
At this time, Denison Mines' Net Income From Continuing Ops is very stable compared to the past year. As of the 5th of March 2025, Net Income Applicable To Common Shares is likely to grow to about 17.3 M, while Interest Expense is likely to drop about 44.5 K. Denison | Select Account or Indicator |
Denison Mines Corp Company Current Valuation Analysis
Denison Mines' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Denison Mines Current Valuation | 1.68 B |
Most of Denison Mines' fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Denison Mines Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Denison Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Denison Mines is extremely important. It helps to project a fair market value of Denison Stock properly, considering its historical fundamentals such as Current Valuation. Since Denison Mines' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Denison Mines' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Denison Mines' interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Denison Mines Corp has a Current Valuation of 1.68 B. This is 95.69% lower than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The current valuation for all Canada stocks is 89.9% higher than that of the company.
Denison Mines Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Denison Mines's current stock value. Our valuation model uses many indicators to compare Denison Mines value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Denison Mines competition to find correlations between indicators driving Denison Mines's intrinsic value. More Info.Denison Mines Corp is rated # 3 in return on equity category among its peers. It is rated # 4 in return on asset category among its peers . At this time, Denison Mines' Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Denison Mines by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Denison Mines' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Denison Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Denison Mines' direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Denison Mines could also be used in its relative valuation, which is a method of valuing Denison Mines by comparing valuation metrics of similar companies.Denison Mines is currently under evaluation in current valuation category among its peers.
Denison Fundamentals
| Return On Equity | -0.0491 | ||||
| Return On Asset | -0.0552 | ||||
| Operating Margin | (22.70) % | ||||
| Current Valuation | 1.68 B | ||||
| Shares Outstanding | 892.62 M | ||||
| Shares Owned By Insiders | 0.31 % | ||||
| Shares Owned By Institutions | 55.82 % | ||||
| Number Of Shares Shorted | 14.01 M | ||||
| Price To Earning | (28.00) X | ||||
| Price To Book | 3.05 X | ||||
| Price To Sales | 461.58 X | ||||
| Revenue | 1.85 M | ||||
| Gross Profit | (1 M) | ||||
| EBITDA | 97.27 M | ||||
| Net Income | 89.36 M | ||||
| Cash And Equivalents | 47.85 M | ||||
| Cash Per Share | 0.06 X | ||||
| Total Debt | 417 K | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 4.17 X | ||||
| Book Value Per Share | 0.66 X | ||||
| Cash Flow From Operations | (30.67 M) | ||||
| Short Ratio | 4.94 X | ||||
| Earnings Per Share | (0.04) X | ||||
| Price To Earnings To Growth | (0.52) X | ||||
| Target Price | 4.43 | ||||
| Beta | 2.1 | ||||
| Market Capitalization | 1.82 B | ||||
| Total Asset | 726.6 M | ||||
| Retained Earnings | (1.08 B) | ||||
| Working Capital | 130.59 M | ||||
| Net Asset | 726.6 M |
About Denison Mines Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Denison Mines Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Denison Mines using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Denison Mines Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 4.1 M | 4.3 M | |
| Total Revenue | 1.7 M | 1.6 M | |
| Cost Of Revenue | 3.5 M | 3.3 M | |
| Stock Based Compensation To Revenue | 1.82 | 1.91 | |
| Sales General And Administrative To Revenue | 6.68 | 7.01 | |
| Capex To Revenue | 2.00 | 1.90 | |
| Ebit Per Revenue | (30.31) | (28.80) |
Pair Trading with Denison Mines
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Denison Mines position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Denison Mines will appreciate offsetting losses from the drop in the long position's value.Moving against Denison Stock
| 0.89 | FFH-PM | Fairfax Financial | PairCorr |
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| 0.84 | ELF-PH | E L Financial Earnings Call Today | PairCorr |
| 0.81 | BEP-PM | Brookfield Renewable | PairCorr |
| 0.78 | ATX | ATEX Resources | PairCorr |
The ability to find closely correlated positions to Denison Mines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Denison Mines when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Denison Mines - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Denison Mines Corp to buy it.
The correlation of Denison Mines is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Denison Mines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Denison Mines Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Denison Mines can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.