This summary was created by AI, based on 4 opinions in the last 12 months.
Denison Mines Corp (DML-T) is a well-financed small-cap Canadian uranium company with a focus on in situ recovery methods, which bring down capital and operating costs. The company has faced challenges with new recovery methods but also has a permitted mill in the Athabasca basin, giving it a competitive edge. With a strong economics and almost fully financed newest project, DML is seen as a prime takeout candidate. The stock is currently in a breather with hopes to surge in the near future, making it an interesting opportunity for investors.
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.
In January, uranium spot price was getting close and looked like it might hit $30. Since then, it collapsed to about $20, and the stock is down by about 45%. If you believe in uranium, this is a good entry point. He still thinks there is a lot of uranium stockpile out there.
They have not made much money since 2003. Don’t buy unless you are a really big uranium bull.
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
In the last year, 3 stock analysts published opinions about DML-T. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Denison Mines Corp.
Denison Mines Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Denison Mines Corp.
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.
3 stock analysts on Stockchase covered Denison Mines Corp In the last year. It is a trending stock that is worth watching.
On 2024-03-28, Denison Mines Corp (DML-T) stock closed at a price of $2.65.
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.