Denison Mines Stock Skyrockets as Uranium Boom Fuels Rally – Can It Keep Going?
Denison Mines shares hit a 52-week high of $3.14 on Oct. 13, 2025, more than doubling since January before easing to $2.92 by Oct. 19. The surge follows resumed uranium mining at McClean Lake and key environmental approvals for Wheeler River. Spot uranium prices topped $83/lb, their highest since 2011. Denison’s market cap stands at $2.6 billion, with 36.7% institutional ownership.