November 29, 2024 Holiday Shopping Sets New Records With $6.1B Spent Online
November 25, 2024 Bitcoin Nears $100K: Crypto Revolution Reshapes Wall Street
November 18, 2024 Biden’s Missile Strategy: Escalation Or Path To Peace?
November 10, 2024 Wall Street Soars: Trump’s Victory Ignites Market Surge
Amazon: Still A Buy, But Caution Is Key
Why Apple Doesn’t Need Nvidia
Nvidia: Still Looks Inexpensive Despite Racing To The Top
Nvidia Q3: Blackwell Ramp Just Started
Nvidia: This Is Only The Beginning
October 22, 2024 A Comprehensive Guide to RoadRunner Auto Transport Services
October 3, 2024 Mastering Trading Indicators: Your Essential Toolkit For Success
April 23, 2024 Maximizing Profits: When is the Right Time to Sell Your Business?
April 12, 2024 Improve Your Financial Status: A How-To Guide
Denison Mines (DNN) Stock Forecast for 2024, 2025, 2026. Sell or Buy?
Updated: December 7, 2024 (10:56)
Sector: EnergyThe share price of Denison Mines Corp. (DNN) now
Analysts predictions
Full report|
This Week
|
Neutral | Opinions: Na |
|
Previous Week
|
Neutral | Opinions: Na |
|
Two Weeks Ago
|
Neutral | Opinions: 2 |
|
Three Weeks Ago
|
Neutral | Opinions: Na |
Are you interested in Denison Mines Corp. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Denison Mines stock price in 2025, 2026, 2027. How much will one Denison Mines share be worth in 2025 - 2027?
When should I take profit in Denison Mines stock? When should I record a loss on Denison Mines stock? What are analysts' forecasts for Denison Mines stock? What is the future of Denison Mines stock? We forecast Denison Mines stock performance using neural networks based on historical data on Denison Mines stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.
Denison Mines stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2025, 2026, 2027, and ) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Denison Mines shares. This happens once a day.
Historical and forecast chart of Denison Mines stock
The chart below shows the historical price of Denison Mines stock and a prediction chart for the next month.
For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast,
and Weighted Average Best Forecast. Detailed values for the Denison Mines stock price can be found in the table below.
Long-term forecasts by years.
Denison Mines Corp. Analysts predictions review
As of now, Panda has combed through 2 analytical articles which are directly related to DNN from the last 30 days. Out of these, 0 clearly showcase a bullish trend, while 0 see a bearish trend as the more likely scenario, and 2 stay neutral.
To identify the dominant trend, we took into account analytical articles from the past 30 days, spanning from Nov 18, 2024 to Nov 18, 2024.
Denison Mines: Poised Yet Overvalued for Uranium Upsurge
In this review, we delve into Bujon Capital's analytical article, which maintains a Neutral stance on DNN stock, offering a balanced perspective that weighs both potential opportunities and risks. The author, contributing since 2024, has shared insights through 25 publications over their tenure. With 264 subscribers, the author holds a niche yet engaged audience, reflecting a growing interest in their financial analysis. Although the credibility metrics suggest room for growth in authoritative influence, the author's viewpoints remain valuable for investors seeking varied perspectives. The consistent publication output signifies a commitment to providing insightful analyses, making their work worthy of consideration despite some limitations in credibility. This review will explore key takeaways and insights from Bujon Capital's latest findings.
Key Theses Regarding Denison Mines
- Denison Mines' cornerstone asset is the Wheeler River Project in the Athabasca Basin.
- The Phoenix deposit is expected to commence production by 2027 or 2028.
- Denison has cash and physical uranium worth approximately CAD$348.7 million for financing construction.
- The Phoenix deposit's low capital and operating costs are expected to yield strong economic returns.
- Denison Mines' current market capitalization does not present a compelling risk/reward proposition.
Factors Influencing Denison Mines Stock Price
Wheeler River Project Development
As the core asset, the successful development and production from the Wheeler River Project, particularly the Phoenix deposit, is crucial for revenue growth. Its proximity to infrastructure and low costs could significantly enhance profitability.
Cash and Physical Uranium Holdings
With CAD$348.7 million in cash and uranium, Denison is well-positioned to finance the Phoenix deposit construction, reducing the financing risk. This makes the company more attractive to investors compared to other uranium developers.
Uranium Prices
Current uranium prices around $80 per pound could substantially improve the project's profitability, with the Phoenix deposit demonstrating impressive economic metrics at these levels. Higher uranium prices would amplify Denison's revenue, thereby supporting stock price growth.
Market Capitalization and Valuation
Denison's current market capitalization of CAD$2.6 billion may already reflect much of the project's potential value, limiting further upside in stock price without additional catalysts. Investors may perceive this as a reason to hold or divest rather than invest new capital.
Review the original Analysis
Denison Mines: A Promising Prospect Amidst Rising Nuclear Demand
In his latest analytical article, noted financial analyst Gytis Zizys offers an insightful review of DNN stock, maintaining a Neutral stance regarding its current market trajectory. With 449 publications since he began contributing in 2023, Zizys demonstrates an impressive output, averaging a significant flow of expert insights into the financial sphere. His perspectives have attracted 2,752 subscribers, reflecting a notable popularity and engagement from his audience. Additionally, an average credibility rating underscores his ability to deliver knowledgeable and balanced viewpoints. Thus, readers can approach Zizys’s analysis of DNN stock with confidence, acknowledging both the depth of expertise and the balanced nature of his assessment. As always, his work remains a valuable resource for those navigating the complexities of financial investments.
Key Theses of the Review
- Denison Mines Corp. has a strong financial position with C$106m in cash and C$243m in uranium investments, and no debt.
- The company's main project, Phoenix at Wheeler River, aims to begin production by 2027-2028 using cost-effective ISR mining techniques.
- The global outlook for nuclear energy is promising, with a rise in demand by governments and major tech companies like Amazon and Alphabet.
- Despite short-term fluctuations in uranium prices, Denison Mines presents a significant investment opportunity with potential long-term rewards.
Factors Influencing DNN's Stock Price
Financial Position
With C$106m in cash and no debt, DNN has the financial resilience to fund pre-production phases, preventing potential dilution of stock through equity offerings. This strong liquidity base is a crucial factor as it ensures operational stability until production ramps up, thereby positively influencing investor confidence and the stock price.
Wheeler River Project Timeline
The anticipated production at the Phoenix site by 2027-2028 is pivotal, as it is one of the largest undeveloped uranium projects. The timely execution and realization of production will be a significant value driver for the stock, transforming it from a speculative investment into a revenue-generating entity.
Global Nuclear Energy Demand
The increasing global demand for nuclear energy, supported by initiatives from governments and companies like Amazon and Alphabet, is a strong tailwind for uranium prices. As DNN's operations align with these trends, the potential for increased revenue from higher uranium prices provides a direct correlation to an increase in stock valuation.
Uranium Market Volatility
Fluctuating uranium prices can affect DNN's potential profits since uranium prices have seen significant highs and lows. While volatility introduces risk, it also offers potential for high returns if prices stabilize at higher levels, influencing both short-term and long-term stock performance.
Review the original Analysis Commentary
The company's prospects are enhanced by the global shift towards nuclear energy. Big players such as Amazon and Alphabet are casting supportive shadows through heightened demand, propelling uranium market sentiment. However, investors should be mindful of uranium market volatility, an ever-present element that tempers predictions. This volatility is both a risk and an opportunity, highlighting the dynamic nature of investing in Denison Mines. The outlook appears cautiously optimistic, straddling the line between risk and reward, with Denison Mines presenting a compelling, yet cautious, opportunity in a growing market.
Denison Mines Corp. engages in the exploration and development of uranium. The firm has interest in the McClean Lake and Mill, Wheeler River, Waterbury, Midwest, and Hook-Carter projects. It operates through the following segments: Mining, Closed Mines, and Corporate and Other. The company was founded on May 9, 1997 and is headquartered in Toronto, Canada.
Denison Mines daily forecast for a month
| Date | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Dec 09 | 2.34 | 2.25 | 2.41 | 6.91 |
| Dec 10 | 2.30 | 2.23 | 2.38 | 6.54 |
| Dec 11 | 2.29 | 2.23 | 2.39 | 7.22 |
| Dec 12 | 2.21 | 2.18 | 2.24 | 2.59 |
| Dec 13 | 2.20 | 2.14 | 2.26 | 5.50 |
| Dec 14 | 2.17 | 2.10 | 2.19 | 4.12 |
| Dec 15 | 2.21 | 2.18 | 2.26 | 3.65 |
| Dec 16 | 2.23 | 2.21 | 2.26 | 2.48 |
| Dec 17 | 2.34 | 2.32 | 2.40 | 3.44 |
| Dec 18 | 2.39 | 2.33 | 2.48 | 6.48 |
| Dec 19 | 2.37 | 2.33 | 2.42 | 4.17 |
| Dec 20 | 2.36 | 2.32 | 2.43 | 4.88 |
| Dec 21 | 2.35 | 2.29 | 2.39 | 4.31 |
| Dec 22 | 2.30 | 2.25 | 2.32 | 3.37 |
| Dec 23 | 2.36 | 2.32 | 2.45 | 5.60 |
| Dec 24 | 2.31 | 2.27 | 2.36 | 4.17 |
| Dec 25 | 2.39 | 2.35 | 2.44 | 3.51 |
| Dec 26 | 2.48 | 2.39 | 2.57 | 7.42 |
| Dec 27 | 2.36 | 2.32 | 2.45 | 5.60 |
| Dec 28 | 2.25 | 2.22 | 2.31 | 4.15 |
| Dec 29 | 2.19 | 2.16 | 2.23 | 3.29 |
| Dec 30 | 2.09 | 2.03 | 2.13 | 5.05 |
| Dec 31 | 2.19 | 2.13 | 2.23 | 4.72 |
| Jan 01 | 2.27 | 2.21 | 2.33 | 5.39 |
| Jan 02 | 2.23 | 2.20 | 2.26 | 2.53 |
| Jan 03 | 2.28 | 2.24 | 2.31 | 3.05 |
| Jan 04 | 2.30 | 2.23 | 2.34 | 4.57 |
| Jan 05 | 2.26 | 2.22 | 2.33 | 4.83 |
| Jan 06 | 2.17 | 2.10 | 2.20 | 4.87 |
| Jan 07 | 2.07 | 2.03 | 2.09 | 3.16 |
Denison Mines Daily Price Targets
Denison Mines Stock Forecast 12-09-2024.
Forecast target price for 12-09-2024: $2.34.
Positive dynamics for Denison Mines shares will prevail with possible volatility of 6.463%.
Pessimistic target level: 2.25
Optimistic target level: 2.41
Denison Mines Stock Forecast 12-10-2024.
Forecast target price for 12-10-2024: $2.30.
Negative dynamics for Denison Mines shares will prevail with possible volatility of 6.138%.
Pessimistic target level: 2.23
Optimistic target level: 2.38
Denison Mines Stock Forecast 12-11-2024.
Forecast target price for 12-11-2024: $2.29.
Negative dynamics for Denison Mines shares will prevail with possible volatility of 6.731%.
Pessimistic target level: 2.23
Optimistic target level: 2.39
Denison Mines Stock Forecast 12-12-2024.
Forecast target price for 12-12-2024: $2.21.
Negative dynamics for Denison Mines shares will prevail with possible volatility of 2.524%.
Pessimistic target level: 2.18
Optimistic target level: 2.24
Denison Mines Stock Forecast 12-13-2024.
Forecast target price for 12-13-2024: $2.20.
Negative dynamics for Denison Mines shares will prevail with possible volatility of 5.212%.
Pessimistic target level: 2.14
Optimistic target level: 2.26
Denison Mines Stock Forecast 12-14-2024.
Forecast target price for 12-14-2024: $2.17.
Negative dynamics for Denison Mines shares will prevail with possible volatility of 3.952%.
Pessimistic target level: 2.10
Optimistic target level: 2.19
DNN (DNN) Monthly Stock Prediction for 2025
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan. | 2.18 | 2.01 | 2.31 | 12.99 |
| Feb. | 2.49 | 2.16 | 2.82 | 23.32 |
| Mar. | 2.25 | 2.06 | 2.49 | 17.36 |
| Apr. | 1.91 | 1.67 | 2.05 | 18.32 |
| May. | 1.67 | 1.45 | 1.89 | 23.36 |
| Jun. | 1.96 | 1.77 | 2.19 | 19.00 |
| Jul. | 2.06 | 1.82 | 2.16 | 15.97 |
| Aug. | 2.23 | 1.92 | 2.36 | 18.71 |
| Sep. | 2.25 | 1.93 | 2.54 | 24.29 |
| Oct. | 1.83 | 1.65 | 1.90 | 13.46 |
| Nov. | 1.48 | 1.35 | 1.61 | 16.09 |
| Dec. | 1.58 | 1.48 | 1.73 | 14.44 |
Denison Mines forecast for this year
Denison Mines Stock Prediction for Jan 2025
An downtrend is forecast for this month with an optimal target price of $2.17833. Pessimistic: $2.01. Optimistic: $2.31
Denison Mines Stock Prediction for Feb 2025
An uptrend is forecast for this month with an optimal target price of $2.49201. Pessimistic: $2.16. Optimistic: $2.82
Denison Mines Stock Prediction for Mar 2025
An downtrend is forecast for this month with an optimal target price of $2.25278. Pessimistic: $2.06. Optimistic: $2.49
Denison Mines Stock Prediction for Apr 2025
An downtrend is forecast for this month with an optimal target price of $1.91486. Pessimistic: $1.67. Optimistic: $2.05
Denison Mines Stock Prediction for May 2025
An downtrend is forecast for this month with an optimal target price of $1.67359. Pessimistic: $1.45. Optimistic: $1.89
Denison Mines Stock Prediction for Jun 2025
An uptrend is forecast for this month with an optimal target price of $1.96144. Pessimistic: $1.77. Optimistic: $2.19
Denison Mines Stock Prediction for Jul 2025
An uptrend is forecast for this month with an optimal target price of $2.05559. Pessimistic: $1.82. Optimistic: $2.16
Denison Mines Stock Prediction for Aug 2025
An uptrend is forecast for this month with an optimal target price of $2.23238. Pessimistic: $1.92. Optimistic: $2.36
Denison Mines Stock Prediction for Sep 2025
An uptrend is forecast for this month with an optimal target price of $2.2547. Pessimistic: $1.93. Optimistic: $2.54
Denison Mines Stock Prediction for Oct 2025
An downtrend is forecast for this month with an optimal target price of $1.83082. Pessimistic: $1.65. Optimistic: $1.90
Denison Mines Stock Prediction for Nov 2025
An downtrend is forecast for this month with an optimal target price of $1.47564. Pessimistic: $1.35. Optimistic: $1.61
Denison Mines Stock Prediction for Dec 2025
An uptrend is forecast for this month with an optimal target price of $1.58483. Pessimistic: $1.48. Optimistic: $1.73
Denison Mines (DNN) Monthly Stock Prediction for 2026
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 1.48 | 1.33 | 1.69 | 21.40 |
| Feb | 1.76 | 1.59 | 2.00 | 20.42 |
| Mar | 1.86 | 1.68 | 1.95 | 13.77 |
| Apr | 1.94 | 1.72 | 2.04 | 15.75 |
| May | 1.91 | 1.63 | 2.15 | 24.42 |
| Jun | 2.02 | 1.92 | 2.20 | 12.64 |
| Jul | 1.87 | 1.58 | 2.05 | 23.13 |
| Aug | 1.62 | 1.36 | 1.70 | 19.85 |
| Sep | 1.63 | 1.52 | 1.74 | 12.92 |
| Oct | 1.74 | 1.49 | 1.86 | 19.55 |
| Nov | 1.66 | 1.45 | 1.79 | 19.26 |
| Dec | 1.98 | 1.83 | 2.18 | 16.12 |
Denison Mines (DNN) Monthly Stock Prediction for 2027
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 1.82 | 1.60 | 2.10 | 23.92 |
| Feb | 1.77 | 1.60 | 1.95 | 17.90 |
| Mar | 1.63 | 1.38 | 1.75 | 21.42 |
| Apr | 1.75 | 1.60 | 1.84 | 13.31 |
| May | 1.57 | 1.39 | 1.80 | 23.00 |
| Jun | 1.35 | 1.20 | 1.45 | 17.13 |
| Jul | 1.10 | 1.05 | 1.22 | 14.39 |
| Aug | 1.16 | 1.07 | 1.30 | 17.91 |
| Sep | 1.32 | 1.24 | 1.45 | 14.34 |
| Oct | 1.51 | 1.37 | 1.68 | 18.53 |
| Nov | 1.76 | 1.49 | 1.90 | 21.81 |
| Dec | 1.88 | 1.65 | 2.16 | 23.65 |
Denison Mines information and performance
40 UNIVERSITY AVE., SUITE 1100, TORONTO, ON, CA
Market capitalization of the Denison Mines Corp. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of DNN shares in the company outstanding by the market price of one share.
EBITDA of Denison Mines is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
Related stocks from Energy sector
Commentary
Denison Mines is banking on the promising Wheeler River Project—especially its Phoenix deposit—to boost its game in the uranium sector. This deposit is expected to start production within the next few years, and with uranium prices hovering around $80 per pound, the project could drive significant profitability. The company is well-positioned financially, with cash and uranium holdings worth CAD$348.7 million, which lowers its financing risks and makes it more appealing compared to other uranium developers. These positive factors indicate potential movement in Denison's stock price, averaging a strong influence score of 8.
However, with a market cap of CAD$2.6 billion, much of Denison's potential seems already priced in, limiting immediate upside in stock valuation. Investors might find themselves pausing due to lukewarm prospects in near-term returns unless new catalysts surface. Overall, the company's stock might maintain a neutral trend with the interplay of robust financial positioning and current valuation limits, averaging out to approximately 7 in terms of market impact. This prompts investors to approach with caution, weighing immediate risks and potential gains carefully.