Denison Mines Corp. Stock
Pros and Cons of Denison Mines Corp. in the next few years
Pros
Cons
Performance of Denison Mines Corp. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Denison Mines Corp. | 6.960% | 1.246% | 3.117% | 87.953% | 21.324% | 110.236% | 305.423% |
| Fission Uranium Corp. | 4.630% | 3.086% | 9.538% | 75.501% | 0.410% | 60.832% | 121.386% |
| Ur-Energy Inc. | 4.810% | 4.636% | 6.183% | 88.095% | 15.497% | 65.618% | 108.719% |
| Nexgen Energy Ltd | 6.950% | -2.300% | -1.026% | 101.867% | 15.469% | 125.966% | 415.980% |
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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Upon reviewing the financials of Denison Mne, a key player in the uranium industry, there's a nuanced landscape that emerges. A surface-level examination indicates a company with a solid asset foundation, underscored by a year-over-year increment in total assets from 2020 to 2022. Nonetheless, this growth is paired with a complex financial profile that reveals both strengths and vulnerabilities within its operational and financial strategy.
Starting with the balance sheets, Denison Mne has exhibited an increase in total assets from CAD 320.69 million in 2020 to CAD 515.796 million in 2022. The growth in assets could signal robust strategic investments or successful asset accumulation over time. However, liabilities have also risen, despite a decrease from 2021 to 2022, which suggests that the company has been managing its debt levels effectively.
A vital component of a company's financial stability is its ability to maintain and grow shareholder equity. Denison Mne shows a strong base with an increase from CAD 227.285 million in 2020 to CAD 436.016 million in 2022, highlighting the company's capacity to enhance shareholder value. Despite this, a large discrepancy between capital stock and retained earnings suggests historical losses that have deeply impacted retained earnings, hinting at previous financial difficulties.