Denison Mines stock jumps 14% on TSX after Phoenix uranium project “construction-ready” update
Denison Mines shares jumped 13.7% to C$4.14 Friday after the company said its Phoenix ISR uranium project is construction-ready, pending final approvals. Denison raised its post-FID initial capital cost estimate to $600 million but kept its mid-2028 production target. About 6.4 million shares traded. Cameco also gained, rising 7.7% to C$135.36.