The latest update is out from Denison Mines ( (TSE:DML) ).
Denison Mines Corp. reported its financial and operational results for 2024, highlighting significant advancements in the Phoenix Project, including regulatory approvals and engineering progress. The company achieved 65% completion of engineering for Phoenix and secured community support through various agreements, positioning itself for construction commencement in early 2026. Additionally, Denison’s joint ventures and exploration projects progressed, with notable developments at McClean Lake and Midwest, enhancing its market positioning amid a strengthening long-term uranium market.
More about Denison Mines
Denison Mines Corp. is a company operating in the uranium mining industry, focusing on the development, exploration, and production of uranium resources. The company is primarily involved in projects in the Athabasca Basin in northern Saskatchewan, Canada, with a significant focus on the Phoenix In-Situ Recovery project.
YTD Price Performance: -33.65%
Average Trading Volume: 44,219,236
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.24B
For detailed information about DML stock, go to TipRanks’ Stock Analysis page.