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DNN: Why You Should Run (Don't Walk) Away from Denison Mines


Why You Should Run (Don t Walk) Away from Denison Mines
DNN – Because uranium prices remain at low levels, due primarily to weak demand, Denison Mines’ (DNN) uranium mining business could continue to suffer. Furthermore, we think the company’s high operating costs and staggering losses resulting from a temporary suspension of production do not justify its lofty stock valuation. Read ahead to learn more.
Jun 3, 2021
Headquartered in Toronto, Canada, Denison Mines Corp. (DNN) is a uranium exploration and development company. It has a 90% ownership position in the flagship Wheeler River project, the largest undeveloped uranium project in the Athabasca Basin region. As a result of the temporary suspension of production at its Cigar Lake mine in response to the pandemic, the company suffered a substantial decline in its mining revenue in the first quarter of 2021. Closing yesterday’s trading session at $1 ....

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Skyharbour Resources Ltd: Skyharbour Completes Geophysical Program and Mobilizes for Upcoming Drill Program at its High Grade Moore Uranium Project, Saskatchewan


Skyharbour Resources Ltd: Skyharbour Completes Geophysical Program and Mobilizes for Upcoming Drill Program at its High Grade Moore Uranium Project, Saskatchewan
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) (the Company ) is pleased to announce that mobilization has begun for its 2021 diamond drilling program at its flagship 35,705 hectare Moore Uranium Project, located approximately 15 kilometres east of Denison Mine s Wheeler River project and near regional infrastructure on the southeast side of the Athabasca Basin, Saskatchewan. The Company has now completed a 9 km Small Moving Loop EM (SML-EM) geophysical program to refine additional drill targets and has begun mobilization of drilling equipment for a subsequent minimum 3,500 metre diamond drilling program consisting of at least 7-8 drill holes. This fully funded and permitted program will focus on following-up on existing unconformity and basement-hosted targets along the high grade Maverick structural corridor as well as newly defined targets at the Grid ....

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Denison Mine: Q1 Earnings Snapshot


Denison Mine: Q1 Earnings Snapshot
May 7, 2021
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TORONTO (AP) Denison Mine Corp. (DNN) on Thursday reported a loss of $7 million in its first quarter.
The Toronto-based company said it had a loss of 1 cent per share.
The uranium mining company posted revenue of $2 million in the period.
The company s shares closed at $1.15. A year ago, they were trading at 43 cents.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DNN at https://www.zacks.com/ap/DNN
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