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Denison Mines Corp T.DML

Alternate Symbol(s):  DNN

Denison Mines Corp. is a Canada-based uranium exploration and development company focused on the Athabasca Basin region of northern Saskatchewan, Canada. The Company holds a 95% interest in the Wheeler River Project, which is a uranium project. It hosts two uranium deposits: Phoenix and Gryphon. It is located along the eastern edge of the Athabasca Basin in northern Saskatchewan. It holds a 22.5% ownership interest in the McClean Lake joint venture (MLJV), which includes several uranium deposits and the McClean Lake uranium mill. It also holds a 25.17% interest in the Midwest Main and Midwest A deposits, and a 67.41% interest in the Tthe Heldeth Tue (THT) and Huskie deposits on the Waterbury Lake property. The Company, through JCU (Canada) Exploration Company, Limited, holds indirect interests in the Millennium project, the Kiggavik project, and the Christie Lake project. It also offers environmental services. The Company also uses MaxPERF drilling tool technology and systems.


TSX:DML - Post by User

Post by ckwongon Mar 07, 2022 8:36am
242 Views
Post# 34489543

short term trend (one year) for uranium stocks

short term trend (one year) for uranium stocksThe spot price is back to U$50. If this is very short term, the future price for April, May, ... will be backwardation. But they are contango up to U$58.95 for Feb 2027 delivery. Will uranium stocks fall along with the market? The most recent market activities indicate some detachment to some extend. There were days that market falls but uranium stocks went crazy (Feb 28, Mar 1). On the other hand, like last Friday, the spot was up to U$50 but the uranium stocks fell along with the market.

But I think in short term, uranium stocks will perform better than the market for 2022 due to future's energy inscurity.
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