DNN Stock Recent News

Denison Mine Corp (DNN), TIM (TIMB), ReNew Energy Global (RNW) and Northeast Community Bancorp (NECB) have been selected as the breakout stocks for today.

we highlight stocks from a few investing areas (both equities and commodities) that deserve thanks from investors this year. These stocks include Hut 8 Mining (HUT), NVIDIA (NVDA) and Denison Mine Corp (DNN).

Here is how Denison Mine (DNN) and Energy Fuels (UUUU) have performed compared to their sector so far this year.

Denison Mine's (DNN) third-quarter 2023 results are likely to reflect declines in toll milling revenues, higher general and administrative expenses, and exploration and evaluation costs.

Here is how Denison Mine (DNN) and Kinross Gold (KGC) have performed compared to their sector so far this year.

Uranium prices have surged to levels not witnessed in over a decade, crossing the US$66 per pound mark recently, a milestone last achieved just before the Fukushima nuclear disaster in 2011.   The price resurgence has been driven primarily by the pressing need to secure fuel supplies, as uranium returns to the spotlight as an essential source of carbon-free, baseload power in the global battle against climate change.

Delving into the energy landscape, it becomes critical to highlight the top nuclear energy stocks to buy in our climate-conscious world. Undeniably, nuclear energy heralds itself as a futuristic and dominant power source.

As economic and stock market uncertainty looms, you may think at first that now is not a great time to be dabbling in speculative stocks. Yet, while the broad market may be experiencing turbulence right now, there are several stocks benefiting from company-specific catalysts that outweigh the macro issues.

Denison Mines has been in the uranium mining business for seven decades. Its Wheeler River project is one of the best in the world, measured by AISC, grade, and resource base. Denison's balance sheet has zero debt and carries 25 million pounds of uranium, while the share dilution is minimal. The company owns 22.5% of McClean Mill, too. DNN is for sale at a significant discount using NAV calculations with a $50/lb uranium price. These reasons are more than enough to give Denison a strong buy rating.

Denison Mines Corp. is a Canadian uranium exploration company with a clean balance sheet and CAD$47 million in cash. The demand for nuclear energy is increasing due to the growth of AI infrastructure and data centers, as well as expansion in China and India. Denison Mines is focused on projects in Canada's Athabasca Basin and has high-grade uranium deposits, making it a compelling investment.