Q: Hello,
Can I please get your view on Denison Mines (DML). Thank you!
Dave
Can I please get your view on Denison Mines (DML). Thank you!
Dave
5i Research Answer:
We think DML has a lot of potential in the uranium space but it has historically had little revenue and negative cash flows. DML recently mentioned that it is targetting production from one of its mines sometime in 2027-2028, so things are still a ways away. The company does have no debt which is good for now. It is highly speculative with no minimal revenue but there is definitely potential.