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 DNN 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 DNN split history.

About Denison Mines

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 DNN split history records, Denison Mines has had 2 splits.

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