DML.TO vs. NXE
Compare and contrast key facts about Denison Mines Corp. (DML.TO) and NexGen Energy Ltd. (NXE).
Performance
DML.TO vs. NXE - Performance Comparison
Loading graphics...
DML.TO vs. NXE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DML.TO Denison Mines Corp. | 35.44% | 39.46% | 12.50% | 49.68% | -10.92% | 107.14% | 55.56% | -14.29% | -8.70% | -1.43% |
NXE NexGen Energy Ltd. | 27.79% | 33.00% | 2.39% | 54.53% | 8.60% | 56.90% | 111.98% | -31.62% | -24.57% | 39.28% |
Different Trading Currencies
DML.TO is traded in CAD, while NXE is traded in USD. To make them comparable, the NXE values have been converted to CAD using the latest available exchange rates.
Fundamentals
DML.TO:
CA$4.44B
NXE:
$7.10B
DML.TO:
-CA$0.24
NXE:
-$0.53
DML.TO:
12.07
NXE:
3.88
DML.TO:
CA$4.92M
NXE:
$0.00
DML.TO:
-CA$23.94M
NXE:
-$563.54K
DML.TO:
-CA$171.25M
NXE:
-$251.37M
Returns By Period
In the year-to-date period, DML.TO achieves a 35.44% return, which is significantly higher than NXE's 27.79% return. Over the past 10 years, DML.TO has underperformed NXE with an annualized return of 21.05%, while NXE has yielded a comparatively higher 23.94% annualized return.
DML.TO
- 1D
- 7.41%
- 1M
- -13.20%
- YTD
- 35.44%
- 6M
- 28.72%
- 1Y
- 162.23%
- 3Y*
- 49.68%
- 5Y*
- 27.21%
- 10Y*
- 21.05%
NXE
- 1D
- 6.89%
- 1M
- -7.44%
- YTD
- 27.79%
- 6M
- 29.49%
- 1Y
- 149.74%
- 3Y*
- 46.07%
- 5Y*
- 27.61%
- 10Y*
- 23.94%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DML.TO vs. NXE — Risk / Return Rank
DML.TO
NXE
DML.TO vs. NXE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Denison Mines Corp. (DML.TO) and NexGen Energy Ltd. (NXE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| DML.TO | NXE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.60 | 2.78 | -0.18 |
Sortino ratioReturn per unit of downside risk | 3.08 | 3.30 | -0.23 |
Omega ratioGain probability vs. loss probability | 1.36 | 1.39 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 5.41 | 6.69 | -1.28 |
Martin ratioReturn relative to average drawdown | 14.89 | 18.03 | -3.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| DML.TO | NXE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.60 | 2.78 | -0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.49 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | 0.40 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.07 | 0.58 | -0.51 |
Correlation
The correlation between DML.TO and NXE is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
DML.TO vs. NXE - Dividend Comparison
Neither DML.TO nor NXE has paid dividends to shareholders.
Drawdowns
DML.TO vs. NXE - Drawdown Comparison
The maximum DML.TO drawdown since its inception was -97.88%, which is greater than NXE's maximum drawdown of -81.12%. Use the drawdown chart below to compare losses from any high point for DML.TO and NXE.
Loading graphics...
Drawdown Indicators
| DML.TO | NXE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.88% | -82.98% | -14.90% |
Max Drawdown (1Y)Largest decline over 1 year | -29.20% | -22.70% | -6.50% |
Max Drawdown (5Y)Largest decline over 5 years | -53.05% | -54.28% | +1.23% |
Max Drawdown (10Y)Largest decline over 10 years | -73.39% | -82.98% | +9.59% |
Current DrawdownCurrent decline from peak | -63.92% | -16.67% | -47.25% |
Average DrawdownAverage peak-to-trough decline | -73.75% | -28.88% | -44.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.62% | 8.47% | +2.15% |
Volatility
DML.TO vs. NXE - Volatility Comparison
Denison Mines Corp. (DML.TO) has a higher volatility of 20.22% compared to NexGen Energy Ltd. (NXE) at 15.48%. This indicates that DML.TO's price experiences larger fluctuations and is considered to be riskier than NXE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| DML.TO | NXE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.22% | 15.48% | +4.74% |
Volatility (6M)Calculated over the trailing 6-month period | 45.60% | 40.39% | +5.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.80% | 54.18% | +8.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.97% | 56.40% | +4.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.42% | 60.13% | +2.29% |
Financials
DML.TO vs. NXE - Financials Comparison
This section allows you to compare key financial metrics between Denison Mines Corp. and NexGen Energy Ltd.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities