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Denison Mine (DNN) Stock Sinks As Market Gains: Here's Why
Zacks Investment Research· 2024-04-09 23:21
Denison Mine (DNN) closed the most recent trading day at $2.05, moving -0.97% from the previous trading session. This change lagged the S&P 500's daily gain of 0.15%. On the other hand, the Dow registered a loss of 0.02%, and the technology-centric Nasdaq increased by 0.32%.The uranium mining company's shares have seen an increase of 13.74% over the last month, surpassing the Basic Materials sector's gain of 3.94% and the S&P 500's gain of 1.65%.Analysts and investors alike will be keeping a close eye on th ...
Is Denison Mine Corp (DNN) Stock Outpacing Its Basic Materials Peers This Year?
Zacks Investment Research· 2024-04-09 14:45
Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Denison Mine (DNN) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Basic Materials sector should help us answer this question.Denison Mine is one of 240 individual stocks in the Basic Materials sector. Collec ...
3 Unstoppable Penny Stocks Set to Surge 1000% by 2035
InvestorPlace· 2024-03-22 21:43
Investors are constantly on the hunt for the best penny stocks to surge. Although these stocks can be alluring, they can be a double-edged sword. This is due to the increased risks due to the company’s inherent volatility and often overpromising growth prospects. However, for savvy investors willing to do their homework, a few penny stocks stand out with strong fundamentals. Significant tailwinds for growth exist for investors willing to play the long game. But keep in mind that penny stocks are not for the ...
Is Denison Mine Corp (DNN) Outperforming Other Basic Materials Stocks This Year?
Zacks Investment Research· 2024-03-22 14:46
The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Denison Mine (DNN) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Basic Materials sector should help us answer this question.Denison Mine is one of 237 individual stocks in the Basic Mater ...
Denison Reports Impressive Financial and Operational Results for 2023 Including Significant Increase in Phoenix ISR Project Economics and a $134 Million Gain on Physical Uranium Holdings
Prnewswire· 2024-03-01 01:11
TORONTO, Feb. 29, 2024 /PRNewswire/ - Denison Mines Corp. ('Denison' or the 'Company') (TSX: DML) (NYSE American: DNN) today filed its Audited Consolidated Financial Statements and Management's Discussion & Analysis ('MD&A') for the year ended December 31, 2023. Both documents are or will be available on the Company's website at www.denisonmines.com, SEDAR+ (at www.sedarplus.ca) and EDGAR (at www.sec.gov/edgar.shtml). The highlights provided below are derived from these documents and should be read in conju ...
Denison Mines(DNN) - 2023 Q4 - Annual Report
2024-02-29 16:00
Exhibit 99.1 ANNUAL CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2023 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 Mines (DNN) Buys MaxPERF Tool Systems From Penetrators
Zacks Investment Research· 2024-02-27 16:31
Denison Mines Corp. (DNN) announced that it acquired fixed and mobile MaxPERF Tool Systems from Penetrators Canada Inc. As part of the agreement, Penetrators has agreed to exclusively work with Denison Mines for the use of MaxPERF Tool Systems for uranium mining applications and related services in Saskatchewan for a 10-year term.This move will strengthen Denison Mines' existing competitive edge in deploying the low-cost In-Situ Recovery ('ISR') mining technology to its high-grade uranium reserves in the At ...
Denison Announces Exclusive Acquisition of MaxPERF Tool Systems, Enhancing Denison's Leadership in ISR Mining in the Athabasca Basin
Prnewswire· 2024-02-26 11:30
TORONTO, Feb. 26, 2024 /PRNewswire/ - Denison Mines Corp. ("Denison") (TSX: DML) (NYSE American: DNN) is pleased to announce that it has completed an acquisition of fixed and mobile MaxPERF Tool Systems from Penetrators Canada Inc. ("Penetrators"). Significantly, Penetrators has also agreed to work exclusively with Denison with respect to the use of the MaxPERF Tool Systems for uranium mining applications, and related services, in Saskatchewan for a 10-year period. View PDF Version David Cates, Denison's Pr ...
How Supply & Demand is Likely Driving the Uranium Market to Reach a 16-Year Peak This Year
Newsfilter· 2024-02-14 13:45
PALM BEACH, Fla., Feb. 14, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Experts predict that the global uranium market is likely to reach a 16 year peak in 2024. A recent article in Reuters headlined: "Supply risks fuel uranium's flight to more than 16-year peak." The article said that Uranium prices have hit their highest in more than 16 years on a buying frenzy triggered after the world's largest miner of the nuclear fuel highlighted production risks, but the price surge is likely to mean the ...
Nuclear Power Plant Construction Boom Fueling Billion Dollar Growth for Uranium Market
Newsfilter· 2024-01-31 13:30
PALM BEACH, Fla., Jan. 31, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The next several years are predicted to produce a strong growth rate in the uranium ore global market. Uranium ore refers to the process of extraction of uranium ore from the ground. At the mine, uranium ore is extracted and treated to produce uranium oxide, which is then exported. The conversion of mined ore into uranium oxide (also known as yellowcake) often takes place on the mine site. The main types of uranium ore are ...