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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 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.

Consensus
Mixed
Valuation
Fair Value
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
COMMENT
Denison Mines Corp

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.

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

They have not made much money since 2003. Don’t buy unless you are a really big uranium bull.

non-base metal mining
Showing 1 to 15 of 243 entries

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 : 0

Total Signals / Votes : 3

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, 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.

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?

3 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 2024-03-28, Denison Mines Corp (DML-T) stock closed at a price of $2.69.