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DNNDenison Mines CorpSell4.1·$3.23-0.92%
SellModerate Confidence
Investment thesis

Denison Mines is a development-stage uranium company trading above its 200-day moving average with rising volume accumulation and bullish options positioning (put/call 0.231) that suggest speculative appetite for a development catalyst, but faces significant headwinds from deeply negative free cash flow, declining revenue, and below-minimum quality metrics that collectively make this a highly speculative setup.

Thesis pillars

  • Technical Momentum ConstructiveDeteriorating
  • Quality Far Below Investment FloorStable
  • Declining Revenue TrajectoryImproving
  • +2 more pillars — see the Why tab for full reasoning

Full reasoning →

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Denison Mines Corp (DNN) Stock Analysis

SellVALUE-TRAP 1/5GrowthShortModerate Confidence

Energy · Uranium

Sell if holding. Engine safety override at $3.23: Quality below floor (1.5 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.1/10 and A.R:R 3.5:1 is above the 1.5:1 BUY gate. Specifically: Elevated put/call ratio: 2.15; Below-average business quality; Below long-term trend.

Denison Mines Corp. engages in the acquisition, exploration, and development of uranium bearing properties in Canada. It holds 95% interest in its flagship project Wheeler River uranium project located in the Athabasca Basin region in northern Saskatchewan. The company was... Read more

$3.23+52.1% A.UpsideScore 4.1/10#9 of 9 Uranium
QualityF-score3 / 9FCF yield-3.11%
Stop $3.00Target $4.91(analyst − 15%)A.R:R 3.5:1
Analyst target$5.78+78.9%1 analysts
Range unavailable (1 analysts)

Sell if holding. Engine safety override at $3.23: Quality below floor (1.5 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.1/10 and A.R:R 3.5:1 is above the 1.5:1 BUY gate. Specifically: Elevated put/call ratio: 2.15; Below-average business quality; Below long-term trend. Chart setup: No clear chart pattern; technical signals are mixed. Score 4.1/10, moderate confidence.

Passes 8/9 gates (positive momentum, favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity no date, semi cycle peak clear, materials cycle peak clear). Suitability: aggressive.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-08-16
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Tue, Nov 3, 2026· next earnings call

Thesis

Rewards
No bull case signals
Risks
Quality below floor (1.5 < 4.0)

Key Metrics

P/E (TTM)
P/E (Fwd)-78.1
Mkt Cap$2.9B
EV/EBITDA-54.8
Profit Mgn0.0%
ROE-66.8%
Rev Growth-43.6%
Beta1.60
DividendNone
Rating analysts18

Quality Signals

Piotroski F3/9

Options Flow

P/C2.15bearish
IV75%elevated

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Methodology · Editorial policy & full disclaimer

Rating Breakdown

4 floor-breakers

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Quality Rank
0.0
Growth Rank
0.0
Value Rank
5.0

Quality below the gate floor. Component breakdown shows what dragged the score down.static

Roe
0.0
Roa
0.0
Net Margin
0.0
Fcf Quality
0.0
Moat
2.5
Piotroski F
3.3
Current Ratio
5.0
Cash-burning: FCF -2224% of revenueNo competitive moatWeak Piotroski F-Score: 3/9Quality concerns

Risk profile below the gate floor. Component breakdown shows what dragged the score down.static

Put Call
0.0
Volatility
0.1
Implied Vol
0.8
Debt Equity
2.6
Beta
4.7
Days To Cover
7.6
Elevated put/call: 2.15High IV: 75%

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Support Resistance
2.2
Bollinger
2.4
52w Position
4.6
GatesMomentum 4.5<5.5 (soft — BUY_NOW allowed but watch)Momentum 4.5>=4.5A.R:R 3.5 ≥ 1.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY NO DATESEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Aggressive
RSI
63 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $2.60Resistance $3.41

Price Targets

$3
$5
A.Upside+52.1%
A.R:R3.5:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Quality below floor (1.5 < 4.0)

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-11-03 (nulld)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is DNN stock a buy right now?

Sell if holding. Engine safety override at $3.23: Quality below floor (1.5 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.1/10 and A.R:R 3.5:1 is above the 1.5:1 BUY gate. Specifically: Elevated put/call ratio: 2.15; Below-average business quality; Below long-term trend. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $3.00. Score 4.1/10, moderate confidence.

What is the DNN stock price target?

Take-profit target: $4.91 (+52.1% upside). Prior stop was $3.00. Stop-loss: $3.00.

What are the risks of investing in DNN?

Quality below floor (1.5 < 4.0).

Is DNN overvalued or undervalued?

Denison Mines Corp trades at a P/E of N/A (forward -78.1). TrendMatrix value score: 5.0/10. Verdict: Sell.

What do analysts say about DNN?

18 analysts cover DNN with a consensus score of 4.1/5. Average price target: $6.

What does Denison Mines Corp do?Denison Mines Corp. engages in the acquisition, exploration, and development of uranium bearing properties in Canada....

Denison Mines Corp. engages in the acquisition, exploration, and development of uranium bearing properties in Canada. It holds 95% interest in its flagship project 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. The company was founded in 1954 and is headquartered in Toronto, Canada.

Related stocks: UROY (Uranium Royalty Corp.) · UUUU (Energy Fuels Inc) · UEC (Uranium Energy Corp.) · URG (Ur Energy Inc) · LEU (Centrus Energy Corp.)
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