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Denison Mines initiated with a Buy at Desjardins

Desjardins initiated coverage of Denison Mines (DNN) with a Buy rating and C$4 price target The firm is “constructive” on the uranium space. There is potential upside as uranium is essential to global decarbonization efforts at a time when supply has been challenged and new assets face permitting and ramp-up milestones before reaching steady-state production rates, the analyst tells investors in a research note.

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