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Why Denison Mines Stock Soared Today

Source: Motley Fool

2026-01-02 12:14:52 ET

Denison Mines (NYSEMKT: DNN) stock started off the New Year right, soaring 11.3% through 11:25 a.m. ET Friday, after the uranium mining company announced this morning that it's ready to start construction of its "proposed Phoenix In-Situ Recovery ... uranium mine."

Image source: Getty Images.

Denison calls Phoenix its "flagship" project, and says it will "become the first new large-scale uranium mine built in Canada since Cigar Lake."

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Denison Mines Corp

NASDAQ: DNN

DNN Trading

-5.3% G/L:

$3.845 Last:

35,237,346 Volume:

$4 Open:

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DNN Latest News

March 10, 2026 09:15:00 am
The Race for Uranium Has Gone Global

DNN Stock Data

$3,479,730,311
888,407,365
0.59%
98
N/A
Other Energy Sources
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CA
Toronto

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