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Investor Insights

This summary was created by AI, based on 4 opinions in the last 12 months.

Denison Mines Corp (DML-T) is a well-financed uranium company with a strong position in the Athabasca basin. They have invested in $275 million of uranium and are utilizing proven recovery methods. Their unique in situ recovery technology using chemicals and water brings down capital and operating costs. While there are potential challenges with their new recovery method, they are optimistic about their newest project which is almost fully financed. With the bull market for uranium, the company has the potential to do extremely well in the next year.

Consensus
Positive
Valuation
Undervalued
DON'T BUY
Denison Mines Corp

The question asked for his preference between Cameco and Denison. Uranium is up and momentum is with them but he wouldn't buy them. New nuclear projects are ten years away for development. Denison has a new mine in Saskatchewan but it is a 10 year project. Cameco trades at 30 times revenue.

non-base metal mining
DON'T BUY
Denison Mines Corp

An area he's not involved with, mainly because it involves too much predicting. Earnings for the sector can be a challenge, ROIC isn't strong. A lot of expectation built into recent action.

non-base metal mining
PAST TOP PICK
Denison Mines Corp
(A Top Pick Nov 15/23, Up 13%)

He sold it when uranium broke $100/lb and shares surged. Uranium prices are now taking a breather and he hopes to get back into this in Q2. Are well-financed. They own $275 million of uranium they bought on the open market.

non-base metal mining
WEAK BUY
Denison Mines Corp

He bought this three years ago when investors hated uranium, but he has since made his money back. DML is trying proven recovery methods but at a deeper depth that could work. If it does, shares go higher, but fears this method could be challenging on a commercial scale. Swo, he feels of two minds about DML.  DML is the most important junior in the Athabasca basin. Their edge is operating a permitted mill there. 

non-base metal mining
TOP PICK
Denison Mines Corp

Unique because using in situ recovery methods for uranium using chemicals and water. Technology is well proven globally, and really brings down the capital and operating costs. Very strong economics. Newest project is almost fully financed. Prime takeout candidate. No dividend.

(Analysts’ price target is $3.46)
non-base metal mining
BUY
Denison Mines Corp

Small-cap Canadian name in uranium. Risk is that they're trying technology in a way that hasn't been tried before. If it works, they'll do extremely well; if not, they'll have challenges. Bull market for uranium. Expects it to do well for a year. He's long this name.

non-base metal mining
BUY
Denison Mines Corp
The whole uranium space will do well in a 2-5 year timeframe. DML's focus on the Athabasca Basin is smart. Headwinds include an extraordinary spend, so they'll need to raise capital sooner. If you can stand the volatility for the next couple of years, a solid pick.
non-base metal mining
BUY
Denison Mines Corp
The outlook for players in this area is quite positive. Now that we are living with shortages in power, people are realizing that to reduce carbon, nuclear starts to come back into the conversation. The problem is that a build-out will not happen quickly.
non-base metal mining
BUY ON WEAKNESS
Denison Mines Corp
This stock has exploded recently, way above bullish targets. The price is too high, driven by a lot of quick money flooding in. Let it cool off before buying. But there's always been a lot of volatility in uranium.
non-base metal mining
BUY ON WEAKNESS
Denison Mines Corp
One of the best alternatives to replace coal and gas energy is nuclear. He believes there will be a renaissance in the sector as the world realizes it is a safe, clean source. The green trade and speculation is driving the price up. You can buy dips.
non-base metal mining
DON'T BUY
Denison Mines Corp
He's owned it in the past. DML has traditionally issued a lot of shares, which he doesn't like. Also, ever since the Japanese nuclear reaction meltdown, this sector has been troubled. He avoids the sector.
non-base metal mining
SELL
Denison Mines Corp

Beyond a 2017 spike, it's been range-bound. Wouldn't buy it. Sell.

non-base metal mining
DON'T BUY
Denison Mines Corp

Uranium developer. Companies don’t make money at these prices for Uranium. They should go up, but demand is weak. It is not the best environment to invest in a junior at this time.

non-base metal mining
BUY
Denison Mines Corp

If you're patient, this is worth owning. Quality CEO and has strong financial backing in association with Lundin Mining. But you must endure a lot of volatility.

non-base metal mining
COMMENT
Denison Mines Corp

His play in uranium is GBP (?), which has done very well. They do training for nuclear reactors as well as other areas, and it still has a lot of upside. The view on uranium is so mixed.

non-base metal mining
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Denison Mines Corp(DML-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 5

Stockchase rating for Denison Mines Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Denison Mines Corp(DML-T) Frequently Asked Questions

What is Denison Mines Corp stock symbol?

Denison Mines Corp is a Canadian stock, trading under the symbol DML-T on the Toronto Stock Exchange (DML-CT). It is usually referred to as TSX:DML or DML-T

Is Denison Mines Corp a buy or a sell?

In the last year, 5 stock analysts published opinions about DML-T. 3 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Denison Mines Corp.

Is Denison Mines Corp a good investment or a top pick?

Denison Mines Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Denison Mines Corp.

Why is Denison Mines Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Denison Mines Corp worth watching?

5 stock analysts on Stockchase covered Denison Mines Corp In the last year. It is a trending stock that is worth watching.

What is Denison Mines Corp stock price?

On 2024-07-23, Denison Mines Corp (DML-T) stock closed at a price of $2.69.