Denison Mines Stock Price Today: DNN Gains as Phoenix Uranium Mine Build Nears
Denison Mines shares rose 3% to $3.43 Monday as the company moves from permitting to construction at its Phoenix ISR uranium project in Saskatchewan. The Phoenix mine, cleared by regulators in February, is the first large-scale Canadian uranium mine approved for construction in over 20 years. Denison reaffirmed a C$600 million capital budget and a mid-2028 production target. A judicial review challenges the project's environmental approval.