How to Buy Denison Mines Stock

Denison Mines Corp

Denison Mines Corp. operates as a uranium exploration and development company in Canada.

Denison Mines stock last closed at $1.62, down 7.43% from the previous day, and has decreased 16.92% in one year. It has underperformed other stocks in the Uranium industry by 0.72 percentage points. Denison Mines stock is currently +15.71% from its 52-week low of $1.40, and -34.41% from its 52-week high of $2.47.

There are currently 892.6M DNN shares outstanding. The market value of DNN is $1.45B. In the past 24 hours, 52.97M DNN shares were traded.

How to Buy Denison Mines Stock

Wondering how to invest in Denison Mines stock? Here's how.

  1. Decide where to buy Denison Mines stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you figure out where to buy Denison Mines stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Fund your investment account: Pick your payment method and add your information.
  4. Analyze Denison Mines stock: The Denison Mines ticker symbol is DNN. Is Denison Mines stock a good investment? Should you buy shares of DNN? How do DNN's underlying business fundamentals look? Do top analysts think Denison Mines is a good buy? Why has DNN's stock price moved recently? (Hint: Our stock analysis website can help you decide if DNN is a good stock to buy).
  5. Make your DNN purchase: Decide if you will purchase DNN shares at the current market price or use a limit order to buy DNN stock at a particular price.
  6. Track your DNN investment: Create a watchlist to key updates about your new investment in Denison Mines stock.

Step 1: Decide where to buy Denison Mines stock

You need an online brokerage account in order to access the NYSEMKT market and buy DNN stock.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've picked your brokerage, you'll need to fill out some personal details so you are able to invest in DNN today.

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Step 3: Fund your investment account

Now that you have opened your account on apps for stock market, you can securely and quickly fund your account:

Check out the walkthrough below if you need help depositing funds into your brokerage account.

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Step 4: Analyze Denison Mines stock

After you have figured out the best place to buy Denison Mines stock, it's absolutely critical to evaluate their stock prior to investing, so you actually comprehend the risk as well as the upside.

Denison Mines Metrics

DNN Price
$1.62
1w %
-10.5%
1y %
-16.92%
5y %
326.32%
P/E
-73.64x
P/B
3.41x
P/S
-810x
PEG
N/A
Revenue
-$1.91M
Earnings
-$19.67M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$1.45B
Next Earnings
Feb 26, 2025
Next Dividend
N/A

Denison Mines Due Diligence Checks

WallStreetZen was designed to help average investors do better fundamental analysis in less time.

You can view all of the due diligence checks on DNN's stock page.

What is the fair value of DNN stock?

You can use a variety of different financial metrics, analyses, models, and charts to gauge DNN's true value.

Using relative valuations metrics:

  • DNN could be undervalued based on its P/B ratio of 3.41x, relative to Uranium industry P/B ratio of 4.03x

You can do additional valuation analysis on DNN's stock here.

A look at DNN Cashflows and Balance Sheet

Passed Health Checks:

  • There are more short-term assets than long-term liabilities on the DNN balance sheet.
  • DNN has cash burn of 31815217. It has enough cash and short-term investments to cover this for at least one year.
  • DNN has a low debt to equity ratio of 0.15.
  • There are more short-term assets than short-term liabilities on the DNN balance sheet.
  • DNN profit margin has gone up from -1,185.2% to 1,029.2% in the past year.
  • Total DNN debt is lower than 5 years ago, relative to shareholder equity.
  • DNN has $92.91M in cash and short term investments. This is sufficient to cover its annual cash burn of $31.82M.

Is DNN stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 2 sell side analysts who give forecasts on DNN, the consensus analyst rating on Denison Mines is a Strong Buy

Please note that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are saying on the Denison Mines stock forecast page.

DNN Trading Indicators

SMA10
1.77
SMA20
1.84
SMA50
1.95
SMA100
2.02
SMA200
1.97
MACD
-0.07
MACD Signal
-0.06
MACD Histogram
-0.01
RSI
34.66
Stochastic %K
12.53
Stochastic %D
14.57
StochRSI %K
27.6
StochRSI %D
34.49

Who is buying/selling DNN?

In the last year, insiders at DNN have not bought or sold any shares.

Research more about who owns DNN stock here.

Can I rely on DNN as an income stream?

No, Denison Mines doesn't provide an income stream by paying out dividends.

What do other investors have to say about DNN?

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Make your DNN purchase

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly fine.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a given price limit, use a limit order.

Press the Open Trade button and your broker will execute the order.

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Step 6: Track your DNN investment

Now that you own some DNN stock, you'll want to keep up with your shares.

Put DNN on a watchlist to monitor your DNN stock.

DNN Feed

How to Buy Stock in Denison Mines

To summarize, here are the 6 steps to buy stock in Denison Mines:

  1. Decide where to buy Denison Mines stock
  2. Create a brokerage account
  3. Fund your investment account
  4. Analyze Denison Mines stock
  5. Make your DNN purchase
  6. Track your DNN investment

If you require a place to buy stocks, eToro is our recommended option.

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If you would like to get the latest news on your investment in Denison Mines, add DNN to your watchlist by clicking the button below.

NYSEMKT: DNN
$1.62-0.13 (-7.43%)
Updated Feb 14, 2025
Open eToro Account
Your capital is at risk.
NYSEMKT: DNN
$1.62-0.13 (-7.43%)
Updated Feb 14, 2025
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Denison Mines share?

As of Feb 14, 2025, it costs $1.62 to buy one share of Denison Mines stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.81, you can buy 0.5 shares of DNN.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Denison Mines stock?

According to 2 Wall Street analysts who monitor Denison Mines, their consensus recommendation is to buy Denison Mines stock.

What is the best way to buy Denison Mines stock?

One way to place an order for Denison Mines stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.