Denison Mines Gross Profit vs. Price To Earning

DML Stock  CAD 2.97  0.11  3.57%   
Based on Denison Mines' profitability indicators, Denison Mines Corp is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in January. Profitability indicators assess Denison Mines' ability to earn profits and add value for shareholders.
 
Gross Profit  
First Reported
1997-12-31
Previous Quarter
-41 K
Current Value
-335 K
Quarterly Volatility
3.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, Denison Mines' Price To Sales Ratio is very stable compared to the past year. As of the 16th of December 2024, EV To Sales is likely to grow to 1,040, while Days Sales Outstanding is likely to drop 350.28. At this time, Denison Mines' Interest Income is very stable compared to the past year. As of the 16th of December 2024, Net Interest Income is likely to grow to about 650 K, though Operating Income is likely to grow to (46.5 M).
For Denison Mines profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Denison Mines to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Denison Mines Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Denison Mines's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Denison Mines Corp over time as well as its relative position and ranking within its peers.
  
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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.

Denison Mines Corp Price To Earning vs. Gross Profit Fundamental Analysis

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.
Denison Mines Corp is rated # 2 in gross profit category among its peers. It is rated # 5 in price to earning category among its peers . Denison Mines reported last year Gross Profit of (2.04 Million). 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 Price To Earning vs. Gross Profit

Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Denison Mines

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
5.32 M
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Denison Mines

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
(28.00) X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

Denison Price To Earning Comparison

Denison Mines is currently under evaluation in price to earning category among its peers.

Denison Mines Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Denison Mines, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Denison Mines will eventually generate negative long term returns. The profitability progress is the general direction of Denison Mines' change in net profit over the period of time. It can combine multiple indicators of Denison Mines, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income1.8 M1.9 M
Operating Income-48.9 M-46.5 M
Income Before Tax87 M91.4 M
Total Other Income Expense Net135.9 M142.7 M
Income Tax Expense-2.3 M-2.2 M
Net Income89.4 M93.8 M
Net Income From Continuing Ops89.4 M93.8 M
Net Income Applicable To Common Shares16.5 M17.3 M
Interest Income4.2 M4.4 M
Net Interest Income619 K650 K
Change To Netincome-47.6 M-45.2 M
Net Income Per Share 0.11  0.11 
Income Quality(0.34)(0.33)
Net Income Per E B T 1.04  1.52 

Denison Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Denison Mines. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Denison Mines position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Denison Mines' important profitability drivers and their relationship over time.

Use Denison Mines in pair-trading

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.

Denison Mines Pair Trading

Denison Mines Corp Pair Trading Analysis

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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Denison Mines position

In addition to having Denison Mines in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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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:
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You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
To fully project Denison Mines' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Denison Mines Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Denison Mines' income statement, its balance sheet, and the statement of cash flows.
Potential Denison Mines investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Denison Mines investors may work on each financial statement separately, they are all related. The changes in Denison Mines's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Denison Mines's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.