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TSX:COSA 24 March 2026

Denison Mines (DNN) Stock Price Rises as Cosa JV Reports Radioactivity, Phoenix Build Nears

Denison Mines (DNN) Stock Price Rises as Cosa JV Reports Radioactivity, Phoenix Build Nears

Denison Mines shares rose 1.8% to $3.49 after partner Cosa Resources reported anomalous radioactivity at the Murphy Lake North uranium project in Saskatchewan. Cosa said a drill hole hit 5 metres of anomalous radioactivity, with lab assays pending. Denison is preparing to build its C$600 million Phoenix uranium mine, targeting first production by mid-2028. Uranium traded near $88 a pound after briefly topping $100 in January.
24 March 2026
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Stock Market Today

  • DroneShield ASX:DRO Faces Governance Scrutiny Amid ASIC Probe; Valuation Debate Intensifies
    May 15, 2026, 11:08 PM EDT. DroneShield (ASX:DRO) is under an ASIC investigation over executive share trading and announcements from November 2025, raising governance concerns. Despite strong gains over five years with an 18x total shareholder return, recent stock momentum has waned, dropping 12.1% over 30 days to close at A$3.27. Market debate centers on whether this weakness signals a buying opportunity or reflects baked-in growth risks. The leading valuation narrative pegs fair value at A$8.57, implying significant upside based on scalable defence contracts across NATO and US channels. However, the stock's price-to-sales ratio of 13.9x notably exceeds sector averages, indicating elevated valuation risk if growth falters. Investors should weigh potential procurement timing risks and ASIC probe fallout against the company's positioning in the expanding defence technology market.

Latest articles

Dow Drops 537 Points With After-Hours Selling Threatening Wall Street AI Rally

Dow Drops 537 Points With After-Hours Selling Threatening Wall Street AI Rally

16 May 2026
U.S. stock ETFs fell in after-hours trading Friday following a more than 1% drop in the S&P 500, Dow, and Nasdaq. Oil surged 4.2% to $105.42 a barrel and the 10-year Treasury yield hit 4.597%, fueling concerns over inflation and Fed rate hikes. Nvidia, AMD, and Intel led chip declines, while Berkshire Hathaway disclosed a $2.65 billion Delta stake and exited Amazon, Visa, and Mastercard.
Accuray inks 10-year cancer tech agreement, shares in focus

Accuray inks 10-year cancer tech agreement, shares in focus

16 May 2026
Accuray and the University of Wisconsin School of Medicine and Public Health signed a 10-year research agreement focused on Accuray’s Stellar adaptive radiotherapy platform. The announcement came after market close, with Accuray shares ending down 5.2% at $0.27. The deal follows Accuray’s recent withdrawal of fiscal 2026 guidance and ongoing financial pressures.
Origin Materials Gains as Filing Signals $3.54 Liquidation Payout Possible

Origin Materials Gains as Filing Signals $3.54 Liquidation Payout Possible

16 May 2026
Origin Materials asked shareholders to approve a plan to liquidate and dissolve the company, estimating an initial payout of $0.61 to $3.54 per share depending on asset sales and claims. Shares rose 15% to $1.43 after the filing. The company reported a 91% drop in first-quarter revenue and warned it may not survive without the wind-down. Origin cut 59% of its workforce and CEO John Bissell stepped down May 1.
NextNRG Q1 Revenue Gains, but Company Holds Cash Warning

NextNRG Q1 Revenue Gains, but Company Holds Cash Warning

16 May 2026
NextNRG reported first-quarter revenue of $21.1 million, up 29% from a year earlier, but its net loss widened to $10.8 million. Cash fell to $208,048 at quarter-end, and management warned it needs immediate capital to continue operations. Shares closed at $0.2804 on Nasdaq, down nearly 6%. Total liabilities reached $34.3 million, with a stockholders’ deficit of $22 million.
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