DNN Stock Analysis: Denison Mines | NYSE MKT

Uranium | NYSE MKT, USA | Market Cap: 2.896m USD | 12M Return: 86.7% | Charts, Fundamentals & Technical Analysis

Uranium, Exploration, Mining, Development
Total Rating 31
Safety 28
Buy Signal 0.00
Uranium
Industry Rotation: +21.4
Market Cap: 2.90B
Avg Turnover: 78.7M
Risk 3d forecast
Volatility62.7%
VaR 5th Pctl10.9%
VaR vs Median5.06%
Reward TTM
Sharpe Ratio1.27
Rel. Str. IBD60.2
Rel. Str. Peer Group88.5
Character TTM
Beta2.000
Beta Downside2.388
Hurst Exponent0.418
Drawdowns 3y
Max DD52.48%
CAGR/Max DD0.72
CAGR/Mean DD2.40
EPS (Earnings per Share) EPS (Earnings per Share) of DNN over the last years for every Quarter: "2021-06": -0.0024, "2021-09": 0.04, "2021-12": -0.01, "2022-03": -0.01, "2022-06": -0.01, "2022-09": -0.01, "2022-12": -0.0051, "2023-03": -0.02, "2023-06": -0.01, "2023-09": -0.01, "2023-12": 0.04, "2024-03": -0.02, "2024-06": -0.02, "2024-09": -0.03, "2024-12": -0.0208, "2025-03": -0.05, "2025-06": 0.01, "2025-09": -0.01, "2025-12": -0.03, "2026-03": -0.0927,
Last SUE: -3.86
Qual. Beats: -1
Revenue Revenue of DNN over the last years for every Quarter: 2021-06: 3.735766, 2021-09: 7.520216, 2021-12: 3.337, 2022-03: 3.2967, 2022-06: 5.279996, 2022-09: 2.198871, 2022-12: 2.977, 2023-03: -0.72609, 2023-06: 0.730259, 2023-09: 0.777, 2023-12: -5.49, 2024-03: 0.832, 2024-06: 1.326, 2024-09: 0.695, 2024-12: 1.17, 2025-03: 1.375, 2025-06: 1.276, 2025-09: 1.045, 2025-12: 1.222, 2026-03: 1.106,
Rev. CAGR: 62.83%
Rev. Trend: 94.7%
Last SUE: 1.11
Qual. Beats: 1

Warnings

Interest Coverage Ratio Critical
Altman Z'' In Financial Distress Zone
Below Avwap Earnings
Below Sma 200d

Tailwinds

Idiosyncratic Leader

Seasonality 10.5 years of data

Jan +4.7% 2
Feb -3.8% 17
Mar -5.7% 27
Apr -1.8% 14
May +0.6% 2
Jun -5.3% 2
Jul +4.2% 20
Aug +1.1% 30
Sep +5.6% 39
Oct +2.7% 12
Nov +1.6% 8
Dec -4.8% 35

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: DNN Denison Mines

Denison Mines Corp. is a Canadian mineral resource company focused on the acquisition, exploration, and development of uranium properties in Canada, with its flagship asset being a 95% interest in the Wheeler River uranium project in the Athabasca Basin of northern Saskatchewan. Originally founded in 1954 as International Uranium Corporation, the company adopted its current name in December 2006 and is headquartered in Toronto. It trades on the NYSE MKT under the ticker DNN and is classified within the GICS Energy sector.

The Athabasca Basin is widely regarded as one of the worlds highest-grade uranium districts, which underpins Denisons geographic focus and exploration thesis. As a pre-production developer, Denison operates a typical junior mining model, where value is driven by resource delineation, permitting progress, and project advancement rather than near-term operating cash flow, exposing the company to uranium price cycles and capital markets financing risk.

Headlines to Watch Out For
  • Uranium spot price surges on tightening supply
  • Wheeler River project advances toward Phoenix production decision
  • Global nuclear renaissance drives utility offtake demand
  • Canadian uranium sector benefits from Athabasca Basin premium pricing
Piotroski VR-10 (Strict) 0.0
Net Income: -288.6m TTM > 0 and > 6% of Revenue
FCF/TA: -0.29 > 0.02 and ΔFCF/TA -10.94 > 1.0
NWC/Revenue: 11.7k% < 20% (prev 1.52k%; Δ 10.2k% < -1%)
CFO/TA -0.08 > 3% & CFO -86.9m > Net Income -288.6m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 13.77 > 1.5 & < 3
Outstanding Shares: last quarter (903.1m) vs 12m ago 0.82% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 0.54% > 50% (prev 0.74%; Δ -0.20% > 0%)
Interest Coverage Ratio: -9.93 > 6 (EBIT TTM -267.1m / Interest Expense TTM 26.9m)
Altman Z'' -2.98
A: 0.49 (Total Current Assets 586.6m - Total Current Liabilities 42.6m) / Total Assets 1.11b
B: -1.36 (Retained Earnings -1.51b / Total Assets 1.11b)
C: -0.31 (EBIT TTM -267.1m / Avg Total Assets 863.8m)
D: 0.31 (Book Value of Equity 260.8m / Total Liabilities 848.4m)
Altman-Z'' = -2.98 = D
Beneish M -2.80
DSRI: 1.71 (Receivables 6.63m/3.80m, Revenue 4.65m/4.57m)
GMI: 1.00 (fallback, negative margins)
AQI: 0.40 (AQ_t 0.17 / AQ_t-1 0.42)
SGI: 1.02 (Revenue 4.65m / 4.57m)
TATA: -0.18 (NI -288.6m - CFO -86.9m) / TA 1.11b)
Beneish M = -2.80 (Cap -4..+1) = A
What is the price of DNN shares?

As of July 13, 2026, the stock is trading at USD 3.23 with a total of 17,336,514 shares traded. Over the past week, the price has changed by +0.94%, over one month by +14.13%, over three months by -9.27% and over the past year by +86.71%.

Current recommended Stop Loss: 2.70 (which is 16.4% or 2.9 ATR below the current price).

Is DNN a buy, sell or hold?

Denison Mines has received a consensus analysts rating of 4.42. Therefore, it is recommended to buy DNN.

  • StrongBuy: 5
  • Buy: 7
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the DNN price?
Analysts Target Price 4.8 48.9%
Denison Mines (DNN) - Fundamental Data Overview as of 06 July 2026
Market Cap USD = 2.90b (2.90b USD * 1.0 USD.USD)
Market Cap CAD = 4.10b (2.90b USD * 1.417 USD.CAD)
P/E Forward = 188.6792
P/S = 622.9414
P/B = 15.8051
P/EG = 106.9167
Revenue TTM = 4.65m CAD
EBIT TTM = -267.1m CAD
EBITDA TTM = -246.1m CAD
Long Term Debt = 305.1m CAD (from longTermDebt, last quarter)
Short Term Debt = 451k CAD (from shortTermDebt, last fiscal year)
Debt = 732.2m CAD (from shortLongTermDebtTotal, last quarter) + Leases 310k
Net Debt = 169.3m CAD (calculated: Debt 732.2m - CCE 562.8m)
Enterprise Value = 4.27b CAD (4.10b + Debt 732.2m - CCE 562.8m)
Interest Coverage Ratio = -9.93 (Ebit TTM -267.1m / Interest Expense TTM 26.9m)
EV/FCF = -13.30x (Enterprise Value 4.27b / FCF TTM -321.2m)
FCF Yield = -7.52% (FCF TTM -321.2m / Enterprise Value 4.27b)
 FCF Margin = -6.91k% (FCF TTM -321.2m / Revenue TTM 4.65m)
 Net Margin = -6.21k% (Net Income TTM -288.6m / Revenue TTM 4.65m)
 Gross Margin = unknown ((Revenue TTM 4.65m - Cost of Revenue TTM 22.3m) / Revenue TTM)
 Tobins Q-Ratio = 3.85 (Enterprise Value 4.27b / Total Assets 1.11b)
Interest Expense / Debt = 3.67% (Interest Expense 26.9m / Debt 732.2m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -211.0m (EBIT -267.1m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 8.85 (Total Current Assets 586.6m / Total Current Liabilities 66.3m)
Debt / Equity = 2.81 (Debt 732.2m / totalStockholderEquity, last quarter 260.8m)
 Debt / EBITDA = -0.69 (negative EBITDA) (Net Debt 169.3m / EBITDA -246.1m)
 Debt / FCF = -0.53 (negative FCF - burning cash) (Net Debt 169.3m / FCF TTM -321.2m)
 Total Stockholder Equity = 391.9m (last 4 quarters mean from totalStockholderEquity)
RoA = -33.42% (Net Income -288.6m / Total Assets 1.11b)
RoE = -73.65% (Net Income TTM -288.6m / Total Stockholder Equity 391.9m)
RoCE = -38.32% (EBIT -267.1m / Capital Employed (Equity 391.9m + L.T.Debt 305.1m))
 RoIC = -19.78% (negative operating profit) (NOPAT -211.0m / Invested Capital 1.07b)
 WACC = 11.49% (E(4.10b)/V(4.84b) * Re(13.02%) + D(732.2m)/V(4.84b) * Rd(3.67%) * (1-Tc(0.21)))
Discount Rate = 13.02% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 85.40 | Cagr: 2.80%
 [DCF] Fair Price = unknown (Cash Flow -321.2m)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: -3.86 | # QB: -1
Revenue Correlation: 94.69 | Revenue CAGR: 62.83% | SUE: 1.11 | # QB: 1
EPS current Quarter (2026-06-30): EPS=-0.01 | Chg30d=N/A | Revisions=-25% | Analysts=3
EPS next Quarter (2026-09-30): EPS=-0.02 | Chg30d=N/A | Revisions=-25% | Analysts=3
EPS current Year (2026-12-31): EPS=-0.06 | Chg30d=+0.00% | Revisions=-17% | GrowthEPS=+23.7% | GrowthRev=+330.8%
EPS next Year (2027-12-31): EPS=-0.06 | Chg30d=-16.67% | Revisions=-29% | GrowthEPS=+7.1% | GrowthRev=+28.5%
[Analyst] Revisions Ratio: -42% (up=2, down=7)