Denison Mines stock (DNN) dips in premarket as Phoenix uranium mine timeline comes back into focus
Denison Mines shares fell 0.6% to $4.06 in premarket trading Monday, trailing gains in other uranium stocks after securing a key Canadian construction licence for its Phoenix project. Uranium futures hovered near $89/lb as supply concerns persisted. Cameco rose 1.9% and Uranium Energy gained 0.7%. Denison’s next earnings report is due Feb. 26.