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Denison Mines Corp (DML-T)
TSE:DML
2.93
0.05
(1.68%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
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.
$2.770
Unknown
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.
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.
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.
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)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.
Beyond a 2017 spike, it's been range-bound. Wouldn't buy it. Sell.
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.
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.
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.
Denison Mines Corp(DML-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 4
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, 4 stock analysts published opinions about DML-T. 2 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?
4 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 2024-10-31, Denison Mines Corp (DML-T) stock closed at a price of $2.93.
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.