Denison Mines
A Canadian uranium exploration and development company holding an effective 95% interest in the Wheeler River project in Saskatchewan's Athabasca Basin, where its Phoenix in-situ recovery mine became the first uranium mine of its kind approved for construction in Canada.
Covered in 3 MetalsCost.com News Intelligence articles, most recently on September 3, 2026.
Coverage
Uranium Mining Stocks Have Fallen Up to 45% This Year Even as US Production Triples
Uranium mining stocks tumbled up to 45% in 2026 despite tripling US production, because long-term supply contracts mean higher spot prices take years to reach producer earnings.
Denison Mines Trades at a 75% Premium to Cameco as Uranium Investors Bet on a Mine Still Under Construction
Denison Mines carries a 75% richer price-to-book valuation than Cameco, as investors price in Phoenix's projected mid-2028 startup and low costs against Cameco's declining near-term production and profit.
Uranium Stocks Rebound Nearly 20%, But It's the Unprofitable Ones Leading the Charge
Uranium stocks have rebounded 19.3% in a month, but the gains are concentrated in unprofitable developers trading at a weighted P/E of 129.6 rather than profitable producers.
