DENISON MINES CORP. (DNN) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does DENISON MINES CORP. Do?
Denison Mines Corp. engages in the acquisition, exploration, development, extraction, processing, selling of, and investing in uranium properties in Canada. Its flagship project is the 95% interest owned Wheeler River uranium project 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 founded in 1997 and is headquartered in Toronto, Canada. DENISON MINES CORP. (DNN) is classified as a mid-cap stock in the Materials sector, specifically within the Non-Metallic And Industrial Metal Mining industry. The company is led by CEO David D. Cates and employs approximately 93 people, headquartered in TORONTO, Ontario. With a market capitalization of $3.3B, DNN is one of the notable companies in the Materials sector.
DENISON MINES CORP. (DNN) Stock Rating — Reduce (April 2026)
As of April 2026, DENISON MINES CORP. receives a Reduce rating with a composite score of 44.0/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.DNN ranks #2,327 out of 4,446 stocks in our coverage universe. Within the Materials sector, DENISON MINES CORP. ranks #163 of 284 stocks, placing it in the lower half of its Materials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
DNN Stock Price and 52-Week Range
DENISON MINES CORP. (DNN) currently trades at $3.56. The stock gained $0.04 (1.1%) in the most recent trading session. The 52-week high for DNN is $4.43, which means the stock is currently trading -19.6% from its annual peak. The 52-week low is $1.08, putting the stock 229.6% above its annual trough. Recent trading volume was 23.1M shares, indicating strong institutional interest and high liquidity.
Is DNN Overvalued or Undervalued? — Valuation Analysis
DENISON MINES CORP. (DNN) carries a value factor score of 39/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 8.04x, versus the sector average of 2.83x.
At current multiples, DENISON MINES CORP. trades at a premium to most Materials peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.
DENISON MINES CORP. Profitability — ROE, Margins, and Quality Score
DENISON MINES CORP. (DNN) earns a quality factor score of 29/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -64.6%, compared to the Materials sector average of 3.3%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -54.9% versus the sector average of 0.6%.
Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
DNN Debt, Balance Sheet, and Financial Health
DENISON MINES CORP. has a debt-to-equity ratio of 0.0%, compared to the Materials sector average of 41.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. Total debt on the balance sheet is $0. Cash and equivalents stand at $75M.
DNN has a beta of 1.22, meaning it is more volatile than the broader market — a $10,000 investment in DNN would be expected to move 22.5% more than the S&P 500 on any given day. The stability factor score for DENISON MINES CORP. is 41/100, reflecting average volatility within the normal range for its sector.
DENISON MINES CORP. Revenue and Earnings History — Quarterly Trend
In TTM 2026, DENISON MINES CORP. reported revenue of $-42M. Net income for the quarter was $-63M. Operating income came in at $-65M.
In FY 2024, DENISON MINES CORP. reported revenue of $-42M. Net income for the quarter was $-63M. Revenue grew -145.8% year-over-year compared to FY 2023. Operating income came in at $-65M.
In FY 2023, DENISON MINES CORP. reported revenue of $92M. Net income for the quarter was $68M. Gross margin was 96.8%. Operating income came in at $72M.
DNN Dividend Yield and Income Analysis
DENISON MINES CORP. (DNN) does not currently pay a dividend. This is common among smaller companies in the Non-Metallic And Industrial Metal Mining industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Materials dividend stocks may want to explore other Materials stocks or use the stock screener to filter by dividend yield.
DNN Momentum and Technical Analysis Profile
DENISON MINES CORP. (DNN) has a momentum factor score of 65/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 55/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 35/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
DNN vs Competitors — Materials Sector Ranking and Peer Comparison
Within the Materials sector, DENISON MINES CORP. (DNN) ranks #163 out of 284 stocks based on the Blank Capital composite score. This places DNN in the lower half of all Materials stocks in our coverage universe. Key competitors and sector peers include CF Industries Holdings, Inc. (CF) with a score of 56.6/100, Nutrien Ltd. (NTR) with a score of 56.6/100, CVR PARTNERS, LP (UAN) with a score of 55.6/100, LSB INDUSTRIES, INC. (LXU) with a score of 53.6/100, and ACME UNITED CORP (ACU) with a score of 51.2/100.
Comparing DNN against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full DNN vs S&P 500 (SPY) comparison to assess how DENISON MINES CORP. stacks up against the broader market across all factor dimensions.
DNN Next Earnings Date
No upcoming earnings date has been announced for DENISON MINES CORP. (DNN) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy DNN? — Investment Thesis Summary
The quantitative profile for DENISON MINES CORP. suggests caution. The quality score of 29/100 flags below-average profitability. The value score of 39/100 indicates premium valuation. Price momentum is positive at 65/100, suggesting the trend favors buyers.
In summary, DENISON MINES CORP. (DNN) earns a Reduce rating with a composite score of 44.0/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on DNN stock.
Related Resources for DNN Investors
Explore more research and tools: DNN vs S&P 500 comparison, top Materials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare DNN head-to-head with peers: DNN vs CF, DNN vs NTR, DNN vs UAN.