Denison Mines Stock

Denison Mines P/S 2024

Denison Mines P/S

399.64

Ticker

DML.TO

ISIN

CA2483561072

WKN

A0LFYS

As of Dec 2, 2024, Denison Mines's P/S ratio stood at 399.64, a -45.06% change from the 727.37 P/S ratio recorded in the previous year.

The Denison Mines P/S history

Denison Mines Aktienanalyse

What does Denison Mines do?

Denison Mines Corp was founded in 1997 and is based in Toronto, Canada. The company specializes in the exploration, development, and production of uranium, as well as the processing of radioactive metals. With current investments, the company is working on expanding its product range to include other metals such as nickel and copper. Business model: Denison Mines Corp's business model is based on the extraction of uranium and other radioactive metals from mineral deposits. The raw materials are extracted, processed, and then sold or further processed by third parties through mining or other extraction methods. History: Denison Mines Corp has a long history. The company dates back to 1840 when the first uranium ore was discovered in Cornwall, England. Many years later, in 1953, the company opened Canada's first commercial uranium mine. Since then, the company has continuously evolved to respond to market and technological changes. Divisions: The company focuses on two main areas: uranium mining and processing, as well as the exploration and discovery of uranium deposits. 1. Uranium mining and processing: The company operates various uranium mines in Canada. It is the country's largest uranium producer and one of the largest producers in the world. The company's main production site is the Phoenix project in the southern region of the Athabasca Basin. There are also several other smaller mines owned by the company, including other exploration projects in Canada and the United States. Denison Mines Corp is also capable of providing uranium processing services. The company owns a processing facility in White Mesa, Utah, USA. The facility is capable of processing uranium ore from other mines and produces high-quality enriched uranium. 2. Exploration and discovery of uranium deposits: The company also has an active division dedicated to the exploration and discovery of uranium deposits. The company is working on various projects in Canada and the United States. There are some promising projects that the company will continue to pursue in the future. Products: The company produces uranium and uranium products, as well as other radioactive metals such as nickel and cobalt. Denison Mines Corp's products are primarily sold to nuclear power plants and other radioactive industries. In summary, Denison Mines Corp is an important player in the uranium industry. With its long-standing experience and wide portfolio of uranium mines, processing facilities, and exploration projects, the company has established a solid foundation for future growth and success. By continuously adapting to market needs and utilizing new technologies, Denison Mines Corp hopes to continue playing a leading role in the industry. Denison Mines ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Denison Mines's P/S Ratio

Denison Mines's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Denison Mines's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Denison Mines's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Denison Mines’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Denison Mines stock

What is the price-to-earnings ratio of Denison Mines?

The price-earnings ratio of Denison Mines is currently 399.64.

How has the price-earnings ratio of Denison Mines changed compared to last year?

The price-to-earnings ratio of Denison Mines has increased by -45.06% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Denison Mines high compared to other companies?

Yes, the price-to-earnings ratio of Denison Mines is high compared to other companies.

How does an increase in the price-earnings ratio of Denison Mines affect the company?

An increase in the price-earnings ratio of Denison Mines would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Denison Mines affect the company?

A decrease in the price-earnings ratio of Denison Mines would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Denison Mines?

Some factors that influence the price-earnings ratio of Denison Mines are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Denison Mines pay?

Over the past 12 months, Denison Mines paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Denison Mines is expected to pay a dividend of 0 CAD.

What is the dividend yield of Denison Mines?

The current dividend yield of Denison Mines is .

When does Denison Mines pay dividends?

Denison Mines pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Denison Mines?

Denison Mines paid dividends every year for the past 0 years.

What is the dividend of Denison Mines?

For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Denison Mines located?

Denison Mines is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Denison Mines kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Denison Mines from 12/2/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 12/2/2024.

When did Denison Mines pay the last dividend?

The last dividend was paid out on 12/2/2024.

What was the dividend of Denison Mines in the year 2023?

In the year 2023, Denison Mines distributed 0 CAD as dividends.

In which currency does Denison Mines pay out the dividend?

The dividends of Denison Mines are distributed in CAD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

The Denison Mines stock can be added to a savings plan with the following providers: Trade Republic

Andere Kennzahlen von Denison Mines

Our stock analysis for Denison Mines Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Denison Mines Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.