DNN (Denison Mines) Gross Margin %: -31.89% (As of Mar. 2026)


DNN Denison Mines Corp DNN
58 GF Score
Price $3.10
GF Value $1.87
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Denison Mines Gross Margin %?

Denison Mines DNN +0.98% 58 Gross Margin % is -31.89% as of Mar. 2026. GuruFocus rates DNN with a GF Score™ of 58/100 and a GF Value™ of $1.87 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 124 Other Energy Sources companies, Denison Mines ranks better than 95.16% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Denison Mines's Gross Profit for the three months ended in Mar. 2026 was $-0.26 Mil. Denison Mines's Revenue for the three months ended in Mar. 2026 was $0.81 Mil. Therefore, Denison Mines's Gross Margin % for the quarter that ended in Mar. 2026 was -31.89%.


The historical rank and industry rank for Denison Mines's Gross Margin % or its related term are showing as below:

DNN' s Gross Margin % Range Over the Past 10 Years
Min: -100   Med: 24.22   Max: 68.62
Current: 68.62


During the past 13 years, the highest Gross Margin % of Denison Mines was 68.62%. The lowest was -100.00%. And the median was 24.22%.

DNN's Gross Margin % is ranked better than
95.16% of 124 companies
in the Other Energy Sources industry
Industry Median: 18.775 vs DNN: 68.62

Denison Mines had a gross margin of -31.89% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Denison Mines was 0.00% per year.


Denison Mines  (AMEX:DNN) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Denison Mines had a gross margin of -31.89% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Denison Mines Gross Margin % Related Terms


Denison Mines Gross Margin % Historical Data

* Premium members only.

The historical data trend for Denison Mines's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Denison Mines Gross Margin % Chart

Denison Mines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.90 42.57 -100.00 0.00 0.00

Denison Mines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 -31.89

DNN vs UEC, LEU: Gross Margin % Comparison

For the Uranium subindustry, Denison Mines's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Denison Mines Gross Margin % vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Denison Mines's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Denison Mines's Gross Margin % falls into.


DNN
58GF Score
Denison Mines Corp DNN
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Denison Mines Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Denison Mines's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=3.6 / 3.565
=(Revenue - Cost of Goods Sold) / Revenue
=(3.565 - 0) / 3.565
=N/A %

Denison Mines's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-0.3 / 0.806
=(Revenue - Cost of Goods Sold) / Revenue
=(0.806 - 1.063) / 0.806
=-31.89 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of -31.89% mean?
Denison Mines (DNN) has a Gross Margin % of -31.89% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Denison Mines and its competitors. According to the industry distribution chart, Denison Mines ranks #6 out of 124 companies in the Other Energy Sources industry, placing it in the top 4.8%.
Is Denison Mines' Gross Margin % too high?
Denison Mines' current Gross Margin % is -31.89%. Based on the distribution chart, Denison Mines ranks #6 out of 124 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, Denison Mines has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Denison Mines' Gross Margin % compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Denison Mines ranks #6 out of 124 companies for Gross Margin %. This places Denison Mines in the top 5% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 18.78. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Other Energy Sources company?
The median Gross Margin % among Other Energy Sources companies is 18.78, based on 124 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Denison Mines and its competitors. For the Other Energy Sources industry, the median Gross Margin % is 18.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Denison Mines's current Gross Margin % is -31.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Denison Mines stock overvalued right now?
Based on GuruFocus' analysis, Denison Mines (DNN) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.87, compared to a current price of $3.10 — trading 65.8% above its estimated fair value. The current Gross Margin % is -31.89%. Denison Mines' overall GF Score™ is 58/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Denison Mines (DNN), the current Gross Margin % is -31.89% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Denison Mines (DNN) Overvalued in 2026?

Based on GuruFocus' analysis, Denison Mines stock appears to be overvalued. The current stock price of $3.10 is trading 65.8% above its estimated GF Value™ of $1.87. GuruFocus considers Denison Mines to be Significantly Overvalued.

Key valuation signals for DNN:

  • Gross Margin %: -31.89%
  • GF Value™: $1.87 vs. price of $3.10 (65.8% above fair value)
  • GF Score™: 58/100 with 7 warning signs

No single metric tells the full story. See the DNN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Denison Mines Business Description

Address 40 University Avenue, Suite 1100, Toronto, ON, CAN, M5J 1T1
Denison Mines Corp is engaged in uranium mining-related activities, including the acquisition, exploration, development, and mining of uranium-bearing properties, as well as the processing, sale, and investment in uranium. The company's key properties include Wheeler River, Waterbury Lake, McClean Lake, Midwest, and others. It operates through two segments: the Mining segment and the Corporate and Other segment. The majority of the company's revenue is generated from the Mining segment, which includes activities related to exploration, evaluation, and development, mining, milling (including toll milling), and the sale of mineral concentrates.
58GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.10
Price
$1.87
GF Value