DML : Denison Mines Corp Stock Profile

Last Updated: 3/12/2024 0:47:16

Denison Mines Corp trades with the ticker DML on the TSX and is in the Uranium industry.

Overview
Denison Mines Corp. operates as a uranium exploration and development company in Canada. Its flagship project is the 95% interest owned Wheeler River uranium project covering an area of approximately 300,000 hectares located in the Athabasca Basin region in northern Saskatchewan. The company was formerly known as International Uranium Corporation and changed its name to Denison Mines Corp. in December 2006. Denison Mines Corp. was incorporated in 1954 and is headquartered in Toronto, Canada.
 

Looking to invest in Denison Mines Corp? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

DML.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $2174.03MM

PE Ratio: 34.857

Price: 2.45 (Updated: 3/12/2024 0:47:16)



Denison Mines Corp (DML) vs Competitors in Uranium

Lets see how DML.TO stacks up against others in the Uranium asset management industry. We have identified its main peers as:

Azarga Uranium Corp, Cameco Corporation, Energy Fuels Inc, Fission Uranium Corp, Laramide Resources Ltd

.

Uranium Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Azarga Uranium Corp (AZZ) $166.34 N/A 0.0 0.0%
Cameco Corporation (CCO) $24,157.553 67.036 31.933 0.2%
Denison Mines Corp (DML) $2,174.03 34.857 34.76 N/A%
Energy Fuels Inc (EFR) $1,341.274 9.88 -36.695 N/A%
Fission Uranium Corp (FCU) $846.091 N/A -148.884 N/A%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Uranium

  • Denison Mines Corp (DML) vs Azarga Uranium Corp (AZZ)
    • DML has higher EPS (0.07 vs -0.047). AZZ provides dividends, while DML does not. AZZ has a P/E under 0, indicating DML (P/E 34.857) is in a better position.
  • Denison Mines Corp (DML) vs Cameco Corporation (CCO)
    • CCO has higher EPS (0.83 vs 0.07). CCO provides dividends, while DML does not. CCO has a higher P/E ratio (67.036 vs 34.857) indicating it’s more expensive.
  • Denison Mines Corp (DML) vs Energy Fuels Inc (EFR)
    • EFR has higher EPS (0.83 vs 0.07). DML has a higher P/E ratio (34.857 vs 9.88) indicating it’s more expensive.
  • Denison Mines Corp (DML) vs Fission Uranium Corp (FCU)
    • DML has higher EPS (0.07 vs -0.01). FCU has a P/E under 0, indicating DML (P/E 34.857) is in a better position.
  • Denison Mines Corp (DML) vs Laramide Resources Ltd (LAM)
    • DML has higher EPS (0.07 vs -0.01). LAM has a P/E under 0, indicating DML (P/E 34.857) is in a better position.

Our Recommendation: Hold
Has a lower P/E ratio (34.86) than the industry average (48.46), indicating potential undervaluation. Features a lower EV/EBITDA ratio (34.76) than the industry average (51.30), indicating attractive valuation.
 

How to Buy DML stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

ImageProduct TitleFeaturesPrice
Editor's Choice
Wealthsimple Trade

Wealthsimple Trade

  • ETF buys and sells have $0 trading fees
  • Desktop and mobile trading
  • Reputable Brand
  • Beautiful Design
Get $25 Signup Bonus
Reliable Pick
Questrade

Questrade

  • ETF buys have $0 trading fees
  • Desktop and mobile trading
  • Most types of accounts available
Get $50 Free Stock Trades
 
Photo of author
Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

Check Out These Posts:

Leave a Comment