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DNN

Denison Mines Corp.

https://www.denisonmines.com

Industry

Uranium

Denison Mines Corp. engages in the acquisition, exploration, development, extraction, processing, selling of, and investing in uranium properties in Canada. Its flagship project is the 95% interest owned Wheeler River uranium project located in the Athabasca Basin region in northern Saskatchewan. The company was formerly known as International Uranium Corporation and changed its name to Denison Mines Corp. in December 2006. Denison Mines Corp. was founded in 1997 and is headquartered in Toronto, Canada.

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Stocks of uranium companies are trading lower due to reports that Russia is seeking to take over Niger's uranium assets.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 6:28 pm

Shares of uranium stocks are trading higher following news that the US will offer up to $3.4 billion for domestic uranium enrichment.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 3:36 pm

The U.S. government is set to offer up to $3.4 billion for domestic uranium enrichment, with funding available as soon as June. This move aims to bolster the domestic uranium industry.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 7:49 pm

Denison Mines Corp. has appointed Jennifer Traub as the new Chair of its Board, marking a significant leadership change for the company.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:34 pm

Denison Mines (AMEX:DNN) reported Q1 earnings per share (EPS) of $(0.01), meeting analyst expectations. However, their sales for the quarter were $617.29K, a significant decrease of 57.86% from $1.47M in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 7:06 am

Shares of uranium stocks, including CCJ, DNN, UEC, and UUUU, are trading higher following the US Senate's approval of a bill to ban Russian uranium imports. This legislative move is expected to reduce competition from Russian uranium, potentially increasing demand for uranium mined by these companies.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 10:21 am

North American uranium miners are experiencing a resurgence due to a push from U.S. politicians to reduce dependency on Russian uranium and the nuclear industry's revival for decarbonizing electricity. Uranium prices remain high despite a recent pullback, nearly tripling over the past three years. Companies like Energy Fuels Inc., Denison Mines Corp., Uranium Energy Corp., Ur-Energy Inc., IsoEnergy Ltd., and Global Atomic Corp. are increasing production capacity. Global Atomic is advancing its Dasa project in Niger, expected to be a profitable venture for over 40 years. Energy Fuels is diversifying into vanadium and rare earths, while Uranium Energy plans to restart Wyoming production by August. enCore Energy Corp. has announced its first shipment from the Rosita plant in South Texas and is working on restarting its Alta Mesa plant.

Portfolio Pulse from Matt Whittaker

April 10, 2024 | 4:24 pm

Uranium stocks are experiencing an uptick following news that US oil companies are considering the use of small nuclear reactors for powering drilling operations in the Permian Basin. This development could signal a new demand avenue for uranium, potentially boosting the sector.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 4:20 pm

U.S. oil companies, including Diamondback Energy Inc., are exploring the use of small nuclear reactors to power operations in Texas's Permian Basin. This initiative, led by a nonbinding letter of intent with Oklo Inc., aims to reduce carbon emissions and ensure reliable electricity. Oklo's advanced fission reactor technology is also being discussed with other oil firms.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 3:30 pm

Denison Mines Corp. has entered into a Sustainable Communities Investment Agreement with four municipalities in Northern Saskatchewan, aiming to support local community development as part of its corporate responsibility initiatives.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 10:34 am

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