Denison Mines Brief Says Well Funded, With Over 235 Million in Working Capital and Investments at the end of Q2 As Reports Financial and Operational Results - Marketscreener.com
DML Stock | CAD 2.97 0.11 3.57% |
About 61% of Denison Mines' investor base is looking to short. The analysis of overall sentiment of trading Denison Mines Corp stock suggests that many investors are alarmed at this time. Denison Mines' investing sentiment overview a quick insight into current market opportunities from investing in Denison Mines Corp. Many technical investors use Denison Mines Corp stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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Denison Mines Brief Says Well Funded, With Over 235 Million in Working Capital and Investments at the end of Q2 As Reports Financial and Operational Results Marketscreener.com
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Denison Mines Fundamental Analysis
We analyze Denison Mines' 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 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.
EBITDA
EBITDA Comparative Analysis
Denison Mines is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Denison Mines Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Denison Mines stock to make a market-neutral strategy. 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 with similar companies.
Peers
Denison Mines Related Equities
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URE | Ur Energy | 2.82 | ||||
EFR | Energy Fuels | 2.96 | ||||
CCO | Cameco Corp | 3.02 | ||||
NXE | NexGen Energy | 3.61 |
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