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Video: What is a Stock Split?
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Denison Mines is primarily engaged in uranium exploration and development. Co.'s uranium exploration properties are principally held directly by Co. or indirectly through Co.'s subsidiaries, Denison Mines Inc., Denison Waterbury Corp. and Denison AB Holdings Corp. Co.'s primary assets in the Athabasca Basin in Northern Saskatchewan include: a 90% interest in, and operator of, the Wheeler River Uranium project, which is host to the Phoenix and Gryphon uranium deposits; a 66.90% interest in, and operator of, the Waterbury Lake project, which includes the Heldeth Tue and Huskie deposits; and a portfolio of exploration properties located in the Athabasca Basin. According to our Denison Mines stock split history records, Denison Mines has had 2 splits. | |
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Denison Mines (DNN) has 2 splits in our Denison Mines stock split history database. The first split for DNN took place on December 07, 2016. DNN's second split took place on December 07, 2006. This was a 288 for 100 split, meaning for each 100 shares of DNN owned pre-split, the shareholder now owned 288 shares. For example, a 1000 share position pre-split, became a 2880 share position following the split.
When a company such as Denison Mines splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the Denison Mines stock split history from start to finish, an original position size of 1000 shares would have turned into 2880 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Denison Mines shares, starting with a $10,000 purchase of DNN, presented on a split-history-adjusted basis factoring in the complete Denison Mines stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
05/06/2014 |
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End date: |
05/03/2024 |
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Start price/share: |
$1.25 |
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End price/share: |
$2.13 |
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Dividends collected/share: |
$0.00 |
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Total return: |
70.40% |
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Average Annual Total Return: |
5.47% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$17,032.93 |
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Years: |
10.00 |
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Date |
Ratio |
12/07/2016 | 1 for 1 | 12/07/2006 | 288 for 100 |
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