3 Years Ago
1 Min Read
DNN moving up 10% today. Let's take a look:
Denison Mines Corp (DNN) is trading 10% higher at $1.21 today. While it's generally been a mildly positive day for this part of the market, the company is outperforming it's peers in the Energy sector.
- Texas’s Uranium Energy wins acquisition bidding with Denison Mines for UEX
- Denison Mines Corp. (TSE: DML) Senior Officer Elizabeth Sidle sold 17,000 shares.
- Uranium prices could continue to see a "measured increase" as demand for the resource soars.
- The Bank of America appears to be bullish on the future of uranium spot prices, with a rising support for nuclear energy and tight supply potentially driving increases.
Denison Mines Corp has been trading between a 52-week high of $2.14 and a 52-week low of $0.91. The stock has a market cap of $990 Million.
Denison is a uranium exploration and development company with interests focused in the AthabascaBasin region of northern Saskatchewan, Canada. The Company's flagship project is the 90% owned Wheeler River Uranium Project, which is the largest undeveloped uranium project in the infrastructure rich eastern portion of the AthabascaBasin region of northern Saskatchewan. Denison's interests in Saskatchewanalso include a 22.5% ownership interest in the McClean Lake joint venture ('MLJV'), which includes several uranium deposits and the McClean Lake uranium mill, which is contracted to process the ore from the Cigar Lake mine under a toll milling agreement, plus a 25.17% interest in the Midwest and Midwest A deposits, and a 66.90% interest in the Tthe Heldeth Túé ('THT,' formerly J Zone) and Huskie deposits on the Waterbury Lake property.
- Texas’s Uranium Energy wins acquisition bidding with Denison Mines for UEX
- Denison Mines Corp. (TSE: DML) Senior Officer Elizabeth Sidle sold 17,000 shares.
- Uranium prices could continue to see a "measured increase" as demand for the resource soars.
- The Bank of America appears to be bullish on the future of uranium spot prices, with a rising support for nuclear energy and tight supply potentially driving increases.
Denison Mines Corp has been trading between a 52-week high of $2.14 and a 52-week low of $0.91. The stock has a market cap of $990 Million.
Denison is a uranium exploration and development company with interests focused in the AthabascaBasin region of northern Saskatchewan, Canada. The Company's flagship project is the 90% owned Wheeler River Uranium Project, which is the largest undeveloped uranium project in the infrastructure rich eastern portion of the AthabascaBasin region of northern Saskatchewan. Denison's interests in Saskatchewanalso include a 22.5% ownership interest in the McClean Lake joint venture ('MLJV'), which includes several uranium deposits and the McClean Lake uranium mill, which is contracted to process the ore from the Cigar Lake mine under a toll milling agreement, plus a 25.17% interest in the Midwest and Midwest A deposits, and a 66.90% interest in the Tthe Heldeth Túé ('THT,' formerly J Zone) and Huskie deposits on the Waterbury Lake property.
Recommended Articles
