UEC vs. DNN

Last updated Apr 2, 2026

Compare and contrast key facts about Uranium Energy Corp. (UEC) and Denison Mines Corp (DNN).

Performance

UEC vs. DNN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Uranium Energy Corp. (UEC) and Denison Mines Corp (DNN). The values are adjusted to include any dividend payments, if applicable.

UEC vs. DNN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UEC Uranium Energy Corp.	14.98%	74.59%	4.53%	64.95%	15.82%	90.34%	91.47%	-26.46%	-29.38%	58.04%
DNN Denison Mines Corp	37.59%	47.78%	1.69%	53.91%	-16.06%	111.75%	54.05%	-9.48%	-15.64%	6.86%

Fundamentals

Market Cap UEC : $6.50B DNN : $3.30B
EPS UEC : -$0.18 DNN : -$0.24
PS Ratio UEC : 303.78 DNN : 670.26
PB Ratio UEC : 4.60 DNN : 8.97
Total Revenue (TTM) UEC : $20.20M DNN : $4.92M
Gross Profit (TTM) UEC : $5.72M DNN : -$23.92M
EBITDA (TTM) UEC : -$104.07M DNN : -$171.24M

Returns By Period

In the year-to-date period, UEC achieves a 14.98% return, which is significantly lower than DNN's 37.59% return. Over the past 10 years, UEC has outperformed DNN with an annualized return of 33.05%, while DNN has yielded a comparatively lower 20.65% annualized return.

UEC

• 1D: -0.52%
• 1M: -14.24%
• YTD: 14.98%
• 6M: 3.39%
• 1Y: 188.20%
• 3Y*: 67.07%
• 5Y*: 33.14%
• 10Y*: 33.05%

DNN

• 1D: 3.68%
• 1M: -16.25%
• YTD: 37.59%
• 6M: 32.13%
• 1Y: 181.54%
• 3Y*: 49.74%
• 5Y*: 25.41%
• 10Y*: 20.65%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

UEC vs. DNN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UEC

UEC Risk / Return Rank: 90
UEC Sharpe Ratio Rank: 94
UEC Sortino Ratio Rank: 91
UEC Omega Ratio Rank: 85
UEC Calmar Ratio Rank: 92
UEC Martin Ratio Rank: 90

DNN

DNN Risk / Return Rank: 94
DNN Sharpe Ratio Rank: 96
DNN Sortino Ratio Rank: 93
DNN Omega Ratio Rank: 88
DNN Calmar Ratio Rank: 96
DNN Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

UEC vs. DNN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Uranium Energy Corp. (UEC) and Denison Mines Corp (DNN). 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.

	UEC	DNN	Difference
Sharpe ratio Return per unit of total volatility	2.49	2.88	-0.39
Sortino ratio Return per unit of downside risk	2.97	3.21	-0.23
Omega ratio Gain probability vs. loss probability	1.34	1.38	-0.04
Calmar ratio Return relative to maximum drawdown	4.53	6.15	-1.63
Martin ratio Return relative to average drawdown	10.91	17.13	-6.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UEC vs. DNN - Sharpe Ratio Comparison

The current UEC Sharpe Ratio is 2.49, which is comparable to the DNN Sharpe Ratio of 2.88. The chart below compares the historical Sharpe Ratios of UEC and DNN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	UEC	DNN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.49	2.88	-0.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	0.40	+0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	0.32	+0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.04	-0.07	+0.11

Correlation

The correlation between UEC and DNN is 0.47, 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

UEC vs. DNN - Dividend Comparison

Neither UEC nor DNN has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

UEC vs. DNN - Drawdown Comparison

The maximum UEC drawdown since its inception was -97.40%, roughly equal to the maximum DNN drawdown of -98.96%. Use the drawdown chart below to compare losses from any high point for UEC and DNN.

Drawdown Indicators

	UEC	DNN	Difference
Max Drawdown Largest peak-to-trough decline	-97.40%	-98.96%	+1.56%
Max Drawdown (1Y) Largest decline over 1 year	-39.97%	-29.50%	-10.47%
Max Drawdown (5Y) Largest decline over 5 years	-63.76%	-55.66%	-8.10%
Max Drawdown (10Y) Largest decline over 10 years	-80.59%	-75.90%	-4.69%
Current Drawdown Current decline from peak	-33.32%	-81.02%	+47.70%
Average Drawdown Average peak-to-trough decline	-62.42%	-85.10%	+22.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.58%	10.60%	+5.98%

Volatility

UEC vs. DNN - Volatility Comparison

Uranium Energy Corp. (UEC) has a higher volatility of 21.96% compared to Denison Mines Corp (DNN) at 18.81%. This indicates that UEC's price experiences larger fluctuations and is considered to be riskier than DNN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UEC	DNN	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.96%	18.81%	+3.15%
Volatility (6M) Calculated over the trailing 6-month period	56.66%	45.63%	+11.03%
Volatility (1Y) Calculated over the trailing 1-year period	76.13%	63.53%	+12.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	74.44%	64.33%	+10.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.46%	64.17%	+9.29%

Financials