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Denison Mines First Quarter 2024 Earnings: CA$0.022 loss per share (vs CA$0.003 loss in 1Q 2023)

Denison Mines (TSE:DML) First Quarter 2024 Results

Key Financial Results

  • Net loss: CA$19.9m (loss widened by CA$17.5m from 1Q 2023).

  • CA$0.022 loss per share (further deteriorated from CA$0.003 loss in 1Q 2023).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Denison Mines Earnings Insights

Looking ahead, revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Oil and Gas industry in Canada.

Performance of the Canadian Oil and Gas industry.

The company's shares are up 1.0% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Denison Mines has 5 warning signs (and 2 which don't sit too well with us) we think you should know about.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.