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Denison Mine (DNN) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-13 01:25
Group 1 - Denison Mine reported a quarterly loss of $0.03 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.02, marking a 50% earnings surprise [1] - The company posted revenues of $0.96 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 24.42%, compared to $0.62 million in the same quarter last year [2] - Denison Mine shares have declined approximately 14.4% since the beginning of the year, while the S&P 500 has decreased by 3.8% [3] Group 2 - The earnings outlook for Denison Mine is mixed, with the current consensus EPS estimate for the upcoming quarter at -$0.02 on revenues of $0.77 million, and -$0.06 on revenues of $6.85 million for the current fiscal year [7] - The Mining - Miscellaneous industry, to which Denison Mine belongs, is currently ranked in the bottom 39% of over 250 Zacks industries, indicating potential challenges for stock performance [8] Group 3 - The company has not surpassed consensus EPS estimates in the last four quarters, indicating a trend of underperformance [2] - The current Zacks Rank for Denison Mine is 3 (Hold), suggesting that the shares are expected to perform in line with the market in the near future [6]
Navigating Denison Mines' Uranium Fog : Geopolitics And The Long Game
Seeking Alpha· 2025-04-17 13:25
The recent spurt in trading volumes on Denison Mines (NYSE: DNN ) made me sit up and take notice. With prices spiraling down, it could be a round of institutional selling and a breakdown confirmation. Equally, volume spikes on a downtrend could beI am a stock analyst with 20+ years of experience in quantitative research, financial modeling, and risk management. I specialize in equity valuation, market trends, and portfolio optimization to identify high-growth investment opportunities. As a former Vice Presi ...
Denison Announces Filing of Annual Report on Form 40-F
Prnewswire· 2025-03-28 22:10
TORONTO, March 28, 2025 /PRNewswire/ - Denison Mines Corp. ("Denison" or the "Company") (TSX: DML) (NYSE American: DNN) is pleased to announce that it has filed its 2024 Annual Report on Form 40-F with the U.S. Securities and Exchange Commission ("SEC").  Denison's Form 40-F includes its annual information form, management discussion and analysis, and audited financial statements for the year ended December 31, 2024.  The Form 40-F will be available on Denison's website at www.denisonmines.com and on the SE ...
Foremost Clean Energy Commences Site Preparation for 2025 Drill Program at Hatchet Uranium Project
Newsfilter· 2025-03-27 12:00
VANCOUVER, British Columbia, March 27, 2025 (GLOBE NEWSWIRE) -- Foremost Clean Energy Ltd. (NASDAQ:FMST) (CSE:FAT) ("Foremost" or the "Company") an emerging North American uranium and lithium exploration company, is pleased to announce that the 2025 winter exploration program (the "Drill Program") at the Hatchet Lake Uranium Project ("Hatchet"), located in the world-renowned Athabasca Basin of northern Saskatchewan, has commenced. The initial phase of the program is focused on site preparation, including mo ...
Denison Announces Appointment of Former OPG CEO Ken Hartwick to its Board of Directors
Prnewswire· 2025-03-20 10:30
TORONTO, March 20, 2025 /PRNewswire/ - Denison Mines Corp. ("Denison" or the "Company") (TSX: DML) (NYSE American: DNN) is pleased to announce the appointment of Ken Hartwick, who previously served as the CEO of Ontario Power Generation ('OPG'), to its Board of Directors (the 'Board'). Mr. Hartwick's appointment comes following the retirement of Brian Edgar from the Board, after having served as a Director of Denison and its predecessors for over 20 years. Additionally, Denison reports the appointment of Mr ...
Denison Mines(DNN) - 2024 Q4 - Annual Report
2025-03-14 19:31
Exhibit 99.1 ANNUAL CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2024 ANNUAL CONSOLIDATED FINANCIAL STATEMENTS Responsibility for Financial Statements The Company's management is responsible for the integrity and fairness of presentation of these consolidated financial statements. The consolidated financial statements have been prepared by management, in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board, for review by t ...
Denison Reports Financial and Operational Results for 2024 Highlighted by Significant Advancement of the Phoenix Project
Prnewswire· 2025-03-14 00:58
Core Insights - Denison Mines Corp. has made significant progress in advancing its Phoenix In-Situ Recovery (ISR) project, with regulatory approvals expected to be finalized by late 2025, allowing for construction to potentially start in early 2026 and first production by the first half of 2028 [2][10][12] - The company has achieved approximately 65% completion of detailed engineering for the Phoenix project by the end of 2024, which supports its objective of a Final Investment Decision (FID) [3][12][13] - Denison has signed multiple agreements with local communities, including a Mutual Benefits Agreement with Kineepik Métis Local 9 and a Community Benefit Agreement with the Village of Pinehouse Lake, to secure support for the Wheeler River project [4][15][16] - The uranium market remains strong, with a 16% increase in long-term supply contract prices from US$68.00/lb U3O8 to US$79.00/lb U3O8 during 2024, despite recent spot market volatility [6] - Denison's balance sheet is strong and debt-free, positioning the company well for its ambitious plans in 2025 and beyond, including significant investments in equipment and exploration [7][29] Regulatory Approvals and Project Development - The Canadian Nuclear Safety Commission (CNSC) has scheduled a two-part public hearing for the Phoenix ISR project, marking a critical step in the regulatory process [2][10] - Key regulatory milestones achieved in late 2024 include the completion of the technical review phase and acceptance of the final Environmental Impact Statement (EIS) by the CNSC [9][11] - The company is focused on completing detailed engineering design, provincial and federal licensing, and pre-FID construction planning [7][12] Community Engagement and Agreements - Denison has established a Sustainable Communities Investment Agreement with multiple northern municipalities to support community development initiatives [17][19] - The agreements with local communities emphasize mutual benefits, including economic development, job creation, and environmental monitoring [15][19] Mining Operations and Exploration - The company plans to restart uranium mining operations at the McClean Lake property in 2025 using the SABRE mining method [20] - Denison completed an inaugural ISR field test program at the Midwest project, validating key assumptions for ISR mining [21][24] - The company has entered into agreements with Foremost Clean Energy and Cosa Resources to enhance exploration activities on non-core properties [23][26] Leadership and Corporate Structure - Denison appointed Ms. Jennifer Traub as the new Board Chair following the Annual General Meeting in May 2024 [27]
Foremost Clean Energy Announces Plans for Immediate Follow-Up Drill Program at Hatchet Uranium Project
Newsfilter· 2025-03-04 13:00
Core Insights - Foremost Clean Energy Ltd. is set to initiate an 8-hole, approximately 2,000-metre diamond drill program at the Hatchet Uranium Property in March 2025, in collaboration with Denison Mines Corp. [1][3] - The 2024 drill program results indicated uranium mineralization at the Richardson trend and favorable geological conditions, leading to the identification of multiple high-potential targets for the upcoming 2025 program [2][3]. Company Overview - Foremost Clean Energy Ltd. is a North American uranium and lithium exploration company, holding options to earn interests in multiple uranium properties across over 330,000 acres in the Athabasca Basin [19][20]. - The company aims to make significant discoveries through systematic exploration programs, particularly in collaboration with Denison Mines [19]. Drill Program Details - The 2025 drill program will focus on 4-6 high-potential locations within the Tuning Fork target area and along the Richardson trend, fully funded and permitted [4]. - Ten priority target locations have been identified for drill testing, based on previous drilling results and geophysical surveys [4][6]. Market Context - The demand for uranium is expected to rise significantly due to increasing global energy needs and the adoption of nuclear power, particularly with the deployment of Small Modular Reactors (SMRs) [3]. - Industry experts predict that new uranium discoveries and mines will be necessary to meet this growing demand as existing supply sources diminish [3]. Historical Context - The Hatchet Uranium Property spans approximately 10,211 hectares in the Athabasca Basin, known for hosting some of the largest and highest-grade uranium deposits globally [12]. - Historical exploration has confirmed the presence of uranium mineralization and hydrothermal alteration, which are key indicators of potential uranium deposits [12]. Additional Developments - To enhance market awareness, the company has engaged LFG Equities Corp. for a marketing campaign with an initial investment of $50,000 USD [14][15]. - The campaign aims to increase visibility and attract new investors by effectively communicating the company's value proposition [15].
Denison Reports CNSC Hearing Dates for Phoenix ISR Project
Prnewswire· 2025-02-27 11:30
Core Viewpoint - Denison Mines Corp. has announced the schedule for the public hearing regarding the Wheeler River Uranium Project, marking a significant step in the federal approval process for the project's Environmental Assessment and construction license [1][2][3] Regulatory Milestones - The announcement follows the successful completion of key regulatory milestones in late 2024, including the completion of the technical review phase of the federal Environmental Assessment in November, acceptance of the final Environmental Impact Statement in December, and the CNSC's determination of the sufficiency of Denison's license application [2] Project Timeline - The public hearing is scheduled for October 8, 2025, and December 8 to 12, 2025, with the potential for construction activities to commence in early 2026 if the CNSC approves the project promptly after the hearing [1][3] Company Insights - David Cates, President and CEO of Denison, emphasized that the hearing schedule reduces uncertainty regarding the timeline for federal project approvals and allows for more precise construction planning, aiming for first production from the Phoenix project by the first half of 2028 [3] Company Overview - Denison is a leading uranium mining, development, and exploration company with a 95% interest in the Wheeler River Uranium Project, the largest undeveloped uranium project in the eastern Athabasca Basin [4] - The company has also achieved notable milestones in permitting efforts for the Phoenix ISR operation, which began in 2019 [4] Joint Ventures and Interests - Denison holds a 22.5% interest in the McClean Lake Joint Venture and a 25.17% interest in the Midwest Joint Venture, along with a 69.44% interest in the Tthe Heldeth Túé and Huskie deposits [5] - The company also has a 50% ownership in JCU (Canada) Exploration Company, which includes interests in various uranium project joint ventures across Canada [6]
Denison Mines: Uranium Play Covered Calls Have Huge Return Profile
Seeking Alpha· 2025-02-26 18:35
Group 1 - The Conservative Income Portfolio targets high-value stocks with significant margins of safety and aims to reduce volatility through well-priced options [1][4] - The Enhanced Equity Income Solutions Portfolio is designed to generate yields of 7-9% while minimizing volatility [1] - Denison Mines (NYSE: DNN) has shown a compelling long-side opportunity, with the stock increasing by 46% since August 2022 and previously rising as much as 110% [2] Group 2 - Trapping Value offers Covered Calls and focuses on capital preservation while generating income through lower volatility investments [3][4] - The Fixed Income Portfolio emphasizes purchasing undervalued securities with high income potential [3] - The team behind Trapping Value has over 40 years of combined experience in generating options income [4]