Denison Mines stock dips as Phoenix uranium build budget rises to C$600 million
New York, January 7, 2026, 09:46 (EST) — Regular session Denison Mines Corp shares slipped 0.8% to $3.26 in early New York trading on Wednesday. The uranium developer has traded in a tight range since the open. Investors are circling the company’s Phoenix project in northern Saskatchewan, where Denison says it is ready to take a final investment decision — a formal go-ahead to build — once federal approvals land. Denison put post-decision initial capital costs at C$600 million and said the estimate assumes a final investment decision at the end of February; CEO David Cates said the company “stands