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DNN Overview

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0.000(0.000%)Aft-market
ET
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0.000
0.000(0.000%)
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0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
4.150
Open
3.850
VWAP
4.01
Vol
33.91M
Mkt Cap
3.42B
Low
3.830
Amount
136.09M
EV/EBITDA(TTM)
--
Total Shares
897.29M
EV
4.47B
EV/OCF(TTM)
--
P/S(TTM)
956.87
Denison Mines Corp. is a Canada-based uranium exploration and development company focused on the Athabasca Basin region of northern Saskatchewan, Canada. The Company holds a 95% interest in the Wheeler River Project, which is a uranium project. It hosts two uranium deposits: Phoenix and Gryphon. It is located along the eastern edge of the Athabasca Basin in northern Saskatchewan. It holds a 22.5% ownership interest in the McClean Lake joint venture (MLJV), which includes several uranium deposits and the McClean Lake uranium mill. It also holds a 25.17% interest in the Midwest Main and Midwest A deposits, and a 67.41% interest in the Tthe Heldeth Tue (THT) and Huskie deposits on the Waterbury Lake property. The Company, through JCU (Canada) Exploration Company, Limited, holds indirect interests in the Millennium project, the Kiggavik project, and the Christie Lake project. It also offers environmental services. The Company also uses MaxPERF drilling tool technology and systems.
Show More

Events Timeline

(ET)
2026-02-19
10:40:00
Denison Mines Receives Licence for Wheeler River Project Construction
select
2026-02-18 (ET)
2026-02-18
08:10:00
Denison Mines Awards Construction Management Contract to Wood Canada
select
2026-02-09 (ET)
2026-02-09
08:50:00
Foremost Clean Energy Announces 5,000-Metre Drill Program at Hatchet Lake
select

News

Yahoo Finance
8.5
11:04 AMYahoo Finance
PinnedDenison Mines Launches Wheeler North 2026 Exploration Program
  • Exploration Program Launch: Denison Mines has initiated the 2026 winter exploration program at the Wheeler North joint venture, commencing with approximately 2,500 meters of diamond drilling, which marks the beginning of a comprehensive 7,500-meter drilling campaign, highlighting the area's resource potential.
  • Funding and Management: This exploration effort is fully funded and managed by Denison as part of a strategic joint venture agreement with Skyharbour Resources, indicating a strong collaborative approach to resource development between the two companies.
  • Property Size and Targets: The Wheeler North property spans 16,409 hectares and features numerous high-priority drill targets, with Denison planning around 13 diamond drill holes totaling approximately 7,500 meters this year to further assess the uranium mineralization potential in the area.
  • Strategic Investment Opportunity: Denison has the option to increase its stake in the project from 49% to 70% through a phased earn-in agreement, requiring an investment of C$10 million within 48 months, demonstrating its commitment to the long-term development of the project.
Globenewswire
8.5
13:45 PMGlobenewswire
US Nuclear Energy Faces Increased Risks from Foreign Uranium Dependency
  • Uranium Import Dependency: The United States currently imports approximately 95% of its uranium, leaving its nuclear fleet almost entirely reliant on foreign fuel, which heightens national security risks.
  • Policy Support for Domestic Production: In January 2026, the White House formally designated uranium as a national security risk, paving the way for potential import restrictions, price floors, and direct federal support for domestic miners to strengthen the uranium supply chain.
  • Eagle's Market Entry: Eagle Nuclear Energy Corp. began trading on NASDAQ in February 2026, marking its entry as a U.S.-focused uranium development company, with its flagship Aurora project considered the largest conventional uranium deposit in the U.S., containing 32.75 million pounds of indicated uranium.
  • Investment Decisions in the Industry: Denison Mines announced a Final Investment Decision to proceed with the construction of the Phoenix uranium mine, with site preparation set to begin in March 2026 and first production targeted for mid-2028, signaling a new era for Canadian uranium mining.
seekingalpha
8.5
02-25seekingalpha
Denison Mines Advances Construction of Phoenix Uranium Mine
  • Final Investment Decision: Denison Mines has made a final investment decision to proceed with the construction of the Phoenix in-situ recovery uranium mine, with site preparation and construction set to begin in March 2026, ensuring first production by mid-2028 and solidifying its position as a key global uranium supplier.
  • Positive Market Reaction: The company's shares rose by 1.4% in premarket trading on Wednesday, reflecting investor confidence in the new project and indicating market recognition of Denison's future growth potential.
  • Strategic Importance: The construction of the Phoenix mine positions Denison as one of the few global suppliers capable of bringing significant new uranium output online before the end of the decade, enhancing its competitiveness in the uranium market to meet rising energy demands.
  • Community Support: Denison has secured support from Athabasca communities for the Wheeler River project, which will help mitigate potential social and environmental risks in future project developments, ensuring smoother implementation.
Newsfilter
8.5
02-24Newsfilter
Denison Mines Announces Final Investment Decision for Phoenix ISR Uranium Mine
  • Final Investment Decision: Denison Mines' Board has made a Final Investment Decision to proceed with the construction of the Phoenix In-Situ Recovery uranium mine, set to begin in March 2026, marking a new chapter in the company's history and positioning it as a key player in the global uranium supply market with the first large-scale Canadian uranium mine in over two decades.
  • Construction Timeline: The construction is expected to take approximately two years, aiming for first production by mid-2028, which aligns with market demand and will solidify Denison's significant role in the uranium supply chain to meet future energy needs.
  • Project Background: The Phoenix project is located in the Wheeler River area of Saskatchewan, hosting high-grade uranium deposits, with Denison holding a 90% stake; the project's Environmental Assessment was approved in 2025, demonstrating its feasibility and competitive edge in the market.
  • Market Outlook: With the increasing global demand for uranium, this new project will not only enhance Denison's competitiveness in the uranium market but also generate substantial economic benefits, further solidifying its leadership position in the uranium mining industry.
seekingalpha
8.5
02-19seekingalpha
Denison Mines Secures Approval for Phoenix Uranium Mine Construction
  • Regulatory Approval: Denison Mines announced it has received final regulatory approval from the Canadian Nuclear Safety Commission to construct the Phoenix in-situ recovery uranium mine at its Wheeler River project, marking a significant milestone in uranium development.
  • Environmental Assessment Passed: The project's environmental assessment was approved in July 2025, ensuring compliance with environmental regulations and thereby reducing future operational legal risks while boosting investor confidence.
  • Construction Timeline: With an estimated construction timeline of approximately two years, the project is on track for first production by mid-2028, which is expected to generate substantial revenue and enhance the company's market competitiveness.
  • Historical Significance: Phoenix is the first uranium mine in Canada approved for ISR mining and the first large-scale uranium mine approved for construction in over 20 years, highlighting the project's importance in revitalizing Canada's uranium industry.
Newsfilter
8.5
02-19Newsfilter
Denison Mines Secures Final Construction License for Phoenix ISR Uranium Mine
  • Regulatory Milestone: The Canadian Nuclear Safety Commission has approved the Environmental Assessment and issued the construction license for the Wheeler River uranium project, marking a significant achievement for Denison Mines after seven years of efforts, which is expected to enhance the company's competitiveness in the uranium market.
  • Construction Timeline: The Phoenix project is projected to be completed in approximately two years, and the timing of this approval positions the project for first production by mid-2028, further solidifying Denison's market position in the uranium industry.
  • Innovative Mining Method: Phoenix is the first uranium mine in Canada approved for ISR mining, which is expected to deliver superior economic and sustainability outcomes compared to conventional mining methods, showcasing Denison's leadership in uranium extraction technology.
  • Community Engagement and Trust: Denison has actively engaged with Indigenous and non-Indigenous communities throughout the project, building trust and ensuring compliance with legal and regulatory requirements, reflecting the company's commitment to social responsibility and sustainable development.
Wall Street analysts forecast DNN stock price to rise
5 Analyst Rating
Wall Street analysts forecast DNN stock price to rise
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
3.00
Averages
3.73
High
4.76
Current: 0.000
sliders
Low
3.00
Averages
3.73
High
4.76
Desjardins
Bryce Adams
Buy
maintain
$7
AI Analysis
2026-02-26
Reason
Desjardins
Bryce Adams
Price Target
$7
AI Analysis
2026-02-26
maintain
Buy
Reason
Desjardins analyst Bryce Adams raised the firm's price target on Denison Mines to C$7 from C$5.50 and keeps a Buy rating on the shares.
Scotiabank
NULL -> Outperform
maintain
$6
2026-02-20
Reason
Scotiabank
Price Target
$6
2026-02-20
maintain
NULL -> Outperform
Reason
Scotiabank raised the firm's price target on Denison Mines to C$6 from C$5.50 and keeps an Outperform rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for DNN
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Valuation Metrics

The current forward P/E ratio for Denison Mines Corp (DNN.A) is -61.65, compared to its 5-year average forward P/E of -47.28. For a more detailed relative valuation and DCF analysis to assess Denison Mines Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-47.28
Current PE
-61.65
Overvalued PE
-19.79
Undervalued PE
-74.76

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-55.68
Current EV/EBITDA
-77.74
Overvalued EV/EBITDA
17.30
Undervalued EV/EBITDA
-128.65

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
282.13
Current PS
844.27
Overvalued PS
518.27
Undervalued PS
45.99

Financials

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Frequently Asked Questions

What is Denison Mines Corp (DNN) stock price today?

The current price of DNN is 4.06 USD — it has increased 6.56

What is Denison Mines Corp (DNN)'s business?

Denison Mines Corp. is a Canada-based uranium exploration and development company focused on the Athabasca Basin region of northern Saskatchewan, Canada. The Company holds a 95% interest in the Wheeler River Project, which is a uranium project. It hosts two uranium deposits: Phoenix and Gryphon. It is located along the eastern edge of the Athabasca Basin in northern Saskatchewan. It holds a 22.5% ownership interest in the McClean Lake joint venture (MLJV), which includes several uranium deposits and the McClean Lake uranium mill. It also holds a 25.17% interest in the Midwest Main and Midwest A deposits, and a 67.41% interest in the Tthe Heldeth Tue (THT) and Huskie deposits on the Waterbury Lake property. The Company, through JCU (Canada) Exploration Company, Limited, holds indirect interests in the Millennium project, the Kiggavik project, and the Christie Lake project. It also offers environmental services. The Company also uses MaxPERF drilling tool technology and systems.

What is the price predicton of DNN Stock?

Wall Street analysts forecast DNN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DNN is3.73 USD with a low forecast of 3.00 USD and a high forecast of 4.76 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Denison Mines Corp (DNN)'s revenue for the last quarter?

Denison Mines Corp revenue for the last quarter amounts to 1.04M USD, increased 50.36

What is Denison Mines Corp (DNN)'s earnings per share (EPS) for the last quarter?

Denison Mines Corp. EPS for the last quarter amounts to -0.15 USD, increased 400.00

How many employees does Denison Mines Corp (DNN). have?

Denison Mines Corp (DNN) has 75 emplpoyees as of March 10 2026.

What is Denison Mines Corp (DNN) market cap?

Today DNN has the market capitalization of 3.42B USD.