Toronto Stock Exchange · Energy
Invest in Denison Mines stock from India
Indian and foreign residents can buy Denison Mines (DML) shares directly through Paasa.
By Paasa · Updated
Denison Mines at a glance
- Price
- CA$3.69-CA$0.00 (0.00%)
- Market cap
- CA$3.34B
- Day range
- CA$3.64 – CA$3.81
- P/E
- -11.96
- Dividend yield
- None
- Volume
- 3.05M
- 1 month
- -21.66%
- 6 months
- -25.15%
- YTD
- +1.37%
- 1 year
- -3.66%
- 5 years
- +93.19%
Denison Mines statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | CA$4.9M | CA$4.0M | CA$1.9M | CA$9.0M | CA$20.0M |
| Gross profit | −CA$80.9M | −CA$792.0K | −CA$2.0M | CA$3.6M | CA$7.1M |
| Operating income | −CA$86.0M | −CA$63.3M | −CA$48.9M | −CA$36.5M | −CA$23.3M |
| Net income | −CA$217.3M | −CA$91.1M | CA$90.4M | CA$14.4M | CA$19.0M |
| Earnings per share | −CA$0.24 | −CA$0.10 | CA$0.11 | CA$0.02 | CA$0.02 |
| EBITDA | −CA$190.9M | −CA$81.8M | CA$97.3M | CA$18.8M | CA$21.7M |
| Total assets | CA$1.1B | CA$663.6M | CA$726.6M | CA$515.8M | CA$510.3M |
| Total debt | CA$614.4M | CA$2.4M | CA$417.0K | CA$576.0K | CA$508.0K |
| Cash and short-term investments | CA$539.4M | CA$114.8M | CA$141.5M | CA$58.9M | CA$78.4M |
| Shareholders' equity | CA$368.4M | CA$564.3M | CA$641.8M | CA$436.0M | CA$396.7M |
| Operating cash flow | −CA$68.1M | −CA$40.4M | −CA$30.7M | −CA$28.1M | −CA$21.2M |
| Free cash flow | −CA$118.6M | −CA$48.1M | −CA$33.9M | −CA$35.0M | −CA$22.5M |
| Capital expenditure | −CA$50.5M | −CA$7.7M | −CA$3.2M | −CA$6.9M | −CA$1.2M |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in CAD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Tamarack Valley Energy | TVE.TO | CA$13.18 | CA$6.27B |
| Gibson Energy | GEI.TO | CA$30.44 | CA$5.25B |
| Athabasca Oil | ATH.TO | CA$10.39 | CA$5.03B |
| Peyto Exploration & Development | PEY.TO | CA$22.86 | CA$4.69B |
| Topaz Energy | TPZ.TO | CA$28.46 | CA$4.41B |
| Paramount Resources | POU.TO | CA$29.35 | CA$4.28B |
| Energy Fuels | EFR.TO | CA$15.73 | CA$3.93B |
| NuVista Energy | NVA.TO | CA$19.04 | CA$3.69B |
Peers as grouped by the data provider. This is not an investment recommendation.
Analyst price targets
- Low
- —
- High
- —
- Median
- —
- Consensus
- —
Ratings: 7 buy · 0 hold · 1 sell. Consensus: Buy.
Published sell-side 12-month targets in CAD, aggregated by the data provider. They are not Paasa's view and not a forecast.
How to invest in Denison Mines from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to CAD when you buy.
Step 3
Search DML and buy
Find Denison Mines by name or by its ticker, DML, and place your order.
Why invest in Denison Mines from India
What Denison Mines does
Denison Mines Corp. operates across the entire uranium value chain within Canada, encompassing the acquisition, exploration, development, extraction, processing, and sale of uranium properties, as well as making strategic investments in the sector. A cornerstone of its operations is the Wheeler River uranium project, in which the company holds a 95% interest, located in northern Saskatchewan's Athabasca Basin region. Denison Mines operates in the Uranium industry within the Energy sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Denison Mines stock from India?
Yes. Indian residents and NRIs can buy Denison Mines (DML) shares directly through Paasa. Denison Mines is listed on the Toronto Stock Exchange, in the Uranium industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
What tax do I pay in India when I sell Denison Mines shares?
In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the CAD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.