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Stock impact report

A Look At Denison Mines (TSX:DML) Valuation After Phoenix Project Power Connection And Construction Readiness [Yahoo! Finance]

Denison Mines Corp Ordinary Shares (Canada) (DNN) 
NASDAQ:AMEX Investor Relations: denisonmines.com/s/investorrelations.asp
Company Research Source: Yahoo! Finance
Denison Mines (TSX:DML) has drawn fresh attention after securing grid power to its planned Phoenix in-situ recovery uranium mine and signaling it is ready to move into construction once final permits arrive. This power connection is described by management as a key step in reducing project execution risk because it supports critical infrastructure such as the planned freeze wall in the initial mining area. For investors, that puts more focus on how close Phoenix is to transitioning from development plans to actual construction activity. See our latest analysis for Denison Mines. At a share price of CA$5.38, Denison has had a 30 day share price return of about 30% and a 1 year total shareholder return above 100%. This suggests momentum has been building as Phoenix moves closer to potential construction and as its role in joint ventures like Russell Lake and Wheeler North keeps the story in focus. If Phoenix has you thinking about where the next uranium or energy story could co Show less Read more
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