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home / news releases / DNN - Warning: Uranium To Explode


DNN - Warning: Uranium To Explode

Uranium mining equities have made for a poor investment over the past decade as uranium prices have remained below the world average cost of production. In 2011, uranium was $55 per pound, today that figure has fallen to $25. Interestingly, at one point in 2007, the green metal was worth $140 per pound during the peak of the "Uranium bubble" when it was worth merely $10 per pound five years prior. This is important because it shows how easily the small global uranium market can become severely disconnected with its economic fundamentals. Inefficiencies are large

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Stock Information

Company Name: Denison Mines Corp
Stock Symbol: DNN
Market: NYSE
Website: denisonmines.com

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