Denison Mines Corp
DNNDenison Mines Corp (DNN) is a uranium exploration and development company focused on the Athabasca Basin in Saskatchewan, Canada. It is engaged in the exploration, evaluation, and potential development of uranium properties, aiming to advance its projects toward production. The company's portfolio includes various exploration-stage uranium assets, and it also holds interests in other mineral exploration projects, emphasizing its role in the nuclear energy supply chain.
Company News
Skyharbour Resources completed a non-brokered private placement financing for CAD $2,103,898.94, primarily from strategic institutional investors. The funds will support the company's 2026 exploration campaign at Russell and Moore Lake Uranium Projects.
The uranium market is experiencing a potential supply shortage, with global demand expected to outpace production. Three smaller uranium mining companies are positioned to benefit from increasing nuclear energy investments, offering potentially undervalued investment opportunities.
Uranium sector experienced mixed performance with Denison Mines pulling back after recent positive developments, while markets showed overall gains in healthcare and industrial shares.
Grounded Lithium Corp reported its Q2 2025 financial results, highlighting progress on its Kindersley Lithium Project with Denison Mines. The company is developing a pre-feasibility study expected by late 2025 or early 2026, focusing on lithium brine extraction technologies.
Denison Mine reported a quarterly loss of $0.01 per share, in line with the Zacks Consensus Estimate. The company's revenues of $0.97 million surpassed the consensus estimate by 21.13%. The stock has underperformed the S&P 500 so far this year.
