Denison Mines stock dips as Phoenix uranium build budget rises to C$600 million
Denison Mines shares fell 0.8% to $3.26 in early New York trading Wednesday as investors awaited final Canadian approvals for its Phoenix uranium project. The company set initial capital costs at C$600 million, assuming a final investment decision by late February. Uranium prices held near $82 per pound. The stock traded near the top of its 52-week range.