Company Analysis

Denison Mines Corp (DNN)

NYSE: DNN · Miscellaneous Metal Ores · Toronto · filing with the SEC since 1998
Grade4.9
◀ Past 5.9● Present 3.7▶ Future 4.9
2 est.

The grade of Denison Mines Corp

Nine metrics read from its own filings, by tense
Headline grade
4.9/10
◀ Past5.940% of the headline
● Present3.735% of the headline
▶ Future4.925% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.9/1040% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
6.4/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 45% of this tense · 64th percentile among 11 sector filers · read for itself

From the record

Denison Mines Corp's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.2/10

What has it actually done, year after year?

5 filed years; profitable in 1 of 3.

weight 33% of this tense · 42nd percentile among 4 sector filers · read for its customers

From the record

Denison Mines Corp's 5 filed years say what it did: it rose in 1 of 2 years; the deepest fall was 100% from fiscal 2023 to fiscal 2024; net income was positive in 1 of 3 of those years (its annual reports).

What it rests on

  • the share of years revenue rosetop 50% of its family
  • the share of filed years with a profittop 37% of its family
  • the deepest fall from a revenue peak100.0%bottom 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
7.5/10

How has it treated the people who own it?

SI estimate 7.5/10, confidence 35 of 100 (one part).

weight 22% of this tense · 75th percentile among 10 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the top 25% of 10 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 10 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Denison Mines Corp's shareholder treatment is put at 7.5 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the top 25% of 10 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

3.7/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
3.4/10

Is it financially healthy right now?

ROE -59%: lost 59¢ per shareholder dollar. Leverage 67%: owes 67¢ per asset dollar.

weight 45% of this tense · 34th percentile among 10 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Denison Mines Corp lost about 59 cents for every dollar of shareholders' money. Leverage: it owed about 67 cents per dollar of assets, and net share issuance: its share count grew 0.5% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 5% of its family
  • return on equitybottom 15% of its family
  • the share count against the year beforetop 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
3.3/10

How strong is its position in its industry?

bottom 33% of 4 in its family; net margin -4418.2%.

weight 33% of this tense · 33rd percentile among 4 sector filers · read for its customers

From the record

Denison Mines Corp's standing among 4 graded names in its industry family: revenue of CAD 5 million in fiscal 2025 ranks in the bottom 25% by size; a net margin of -4418.2% ranks in the bottom 13%; revenue growth of 62.8% a year over the last 3 filed years ranks in the top 37% (its annual reports).

What it rests on

  • revenue against the familyC$4.9Mbottom 25% of its family
  • net margin-4418.2%bottom 13% of its family
  • three-year revenue growth62.8%top 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.0/10

What are the people in charge doing?

SI estimate 5.0/10, confidence 15 of 100 (universe median).

weight 22% of this tense · 50th percentile among 3816 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, and its family carries too few readings to lean on, so the desk assumes the typical reading over all 3816 companies with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read.
How it was reasoned
universe median, 3816 readings behind it.
Confidence
15 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Denison Mines Corp's leadership is put at 5.0 of 10 with a confidence of 15 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, and its family carries too few readings to lean on, so the desk assumes the typical reading over all 3816 companies with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

4.9/1025% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.8/10

How much room does it have to grow?

bottom 48% of 4 in its family for room to expand.

weight 22% of this tense · 48th percentile among 4 sector filers · read for itself

From the record

Denison Mines Corp's room to grow, from the newest filed statements (fiscal 2025): cash of CAD 466 million against no long-term debt tagged leaves 42.1% of its assets as net cash, top 17% of its family; cash from operations less capital spending is -2412.4% of revenue (bottom 13%) (its annual report).

What it rests on

  • cash less debt against assets42.1%top 17% of its family
  • cash from operations less capital spending against revenue-2412.4%bottom 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
8.8/10

What could actually drive growth from here?

top 12% of 4 in its family for growth drivers.

weight 33% of this tense · 88th percentile among 4 sector filers · read for its customers

From the record

Denison Mines Corp's growth drivers, from the filed years to fiscal 2025: the newest year grew 22.3% (top 12%); capital spending grew 294.8% a year (top 12%) (its annual reports). Denison Mines Corp tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • the newest year's revenue growth22.3%top 12% of its family
  • three-year growth of capital spending294.8%top 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
2.1/10

Did its newest year beat what its own record pointed to?

bottom 21% of 4 in its family for expectations against reality.

weight 45% of this tense · 21st percentile among 4 sector filers · read for its shareholders

From the record

Denison Mines Corp's newest year against its own record: revenue of CAD 5 million in fiscal 2025 came in 43.5% below the CAD 9 million its prior three years' pace pointed to (bottom 38% of its family); net income of CAD 217 million against a prior three-year average of CAD 372 thousand (bottom 13%); a net margin of a loss larger than its revenue against more than its whole revenue before (bottom 13%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-43.5%bottom 38% of its family
  • net income against the prior three years' averagefive times below its prior average or morebottom 13% of its family
  • net margin against its prior averagedown more than 100 pointsbottom 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton DNN · research, not advice