Cameco Corp vs Denison Mines Corp

Cameco Corp (CCJ) is overvalued and we do not publish a verdict for Denison Mines Corp (DNN).

We publish an intrinsic value for CCJ but not for DNN, so the two cannot be ranked on price.

Values as of the 22 Sept 2026 close.

Cameco Corp (CCJ)

Discounting its cash flows at 10.5% (average of 3 methods) values the shares at $10.84; the price of $94.59 is 773% above that value, and 72% of that value comes from beyond year five.

Leak Score 27/100 on 3 of 12 signals

Denison Mines Corp (DNN)

We do not publish a value for this company: there is no balance sheet on file to value what it owns.

Leak Score 0/100 on 1 of 12 signals

MetricCCJDNN
VerdictOvervaluedNot valued
Price$94.59$2.93
Intrinsic value$10.84
Margin of safety-773%
Leak Score27/100 (3/12)0/100 (1/12)
Market cap$41.2B$2.7B
Revenue growth, 5 years13.2%-20.0%
Operating margin14.0%-2101.1%
Net margin10.2%-6755.5%
Return on equity5.1%-67.1%
Debt to equity0.142.38
P/E160.8x
Forward P/E52.1x
P/B8.2x13.0x
Dividend yield0.2%

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