DNN Stock: Denison Mines (NYSE: DNN) Price & Analysis
Denison Mines Corp (DNN) last close $2.11 on (+$0.01, +0.48% on the day) · EODHD end-of-day
Denison Mines is a Canadian uranium developer advancing the Wheeler River project in the Athabasca Basin, where it plans to mine the Phoenix deposit by in-situ recovery, and it holds physical uranium alongside its development assets.
Denison Mines Corp · NYSE: DNN · developer · Informational only, not investment advice.
- Last close
- $2.11
- EODHD, Nov 4, 2026
- Day change
- +0.48%
- +$0.01 vs Nov 3, 2026 close
- 52-week range
- $2.10 – $4.37
- EODHD closes, Nov 5, 2025 to Nov 4, 2026
- Market cap
- $1.9B
- EODHD DNN.US
- Total U₃O₈ resources
- 134.7 Mlbs
- NI 43-101 Technical Report on the Wheeler River Project (Feasibility Study, effective June 23, 2023)
- Cost per lb (FS cost)
- US$16.04/lb
- Denison news release 'Denison Reports Significant Increase in Economic Results for Wheeler River' (2023-06-26) — Phoenix FS all-in cost
- In-situ leverage
- 6.5×
- in-situ resource value ÷ market cap, at the current spot
DNN stock forecast: analyst price target
Analyst price targets (third-party, not our forecast)
The consensus analyst price target for DNN is about $4.74 across 12 analysts (EODHD, Nov 5, 2026), versus a last close of $2.11.
That is an aggregate of third-party analyst estimates, not a prediction or a recommendation by Yellowcake Analytics.
Dividend
Denison Mines Corp (DNN) does not currently pay a dividend, which is common for uranium developers and explorers that reinvest in their projects.
Latest filings for DNN
All DNN filings →Source: SEC EDGAR, Denison Mines Corp (CIK 1063259); filing dates as reported by EDGAR.
Total mineral resources 134.7 Mlbs U₃O₈ (measured 30.9, indicated 101.6, inferred 2.2), plus 106.4 Mlbs of reserves · NI 43-101 Technical Report on the Wheeler River Project
Denison Mines Corp (NYSE: DNN, TSX: DML) is a Canadian uranium exploration and development company focused on the Athabasca Basin in Saskatchewan. Its flagship Wheeler River project hosts the Phoenix and Gryphon deposits and is expected to be the next major uranium mine in the basin. Denison plans to use an innovative in-situ recovery method at Phoenix, which would make it one of the lowest-cost uranium operations globally: the 2023 feasibility study puts Phoenix's all-in cost at US$16.04/lb (C$21.73, pre-tax, including post-decision capital).
Margin & leverage
resource source Full screener →Margin vs spot (FS cost)
$76/lb
In-situ leverage
6.5×
Jurisdiction
Saskatchewan (Athabasca)
Computed live from the screener's cited resource and cost inputs and the current spot price; margins use FS cost where the company disclosed it.
Mine projects
Cost curve →Full project table →| Project | Location | Status | Resource | Grade | Cost/lb | Source |
|---|---|---|---|---|---|---|
| Wheeler River / Phoenix | Saskatchewan (Athabasca)Canada | Development | 141.0 Mlb | 19.1% U3O8 | $16/lbFS cost | source |
Curated mine & project database, updated 2026-10-30. Deposit type and restart status per the linked disclosures.
Term contracts announced
Full contract database →| Buyer | Volume | Delivery | Pricing | Announced | Source |
|---|---|---|---|---|---|
| Undisclosed utilitiesTerm sales agreements supporting Phoenix; mix of market-related and fixed components. | 2.3 Mlbs | 2028–2032 | hybrid | 2024-02 | source |
Announced term contracts where this company is a seller, from the curated contract database. The long-term market is reported only in fragments — absence of a row is not absence of a contract.
Catalysts to watch
All sector catalysts →by end of H1 2028Denison Phoenix first productionneutralDenison Mines news release: completion of site preparation and commencement of full-scale construction at Phoenix (July 28, 2026)
Denison took a final investment decision on the Phoenix in-situ recovery mine on February 24, 2026, began full-scale construction after completing site preparation (announced July 28, 2026) and aims for first production by mid-2028.
Mines & facilities
Mines map →- Wheeler River - PhoenixDevelopment · Saskatchewan, Canada
- Wheeler River - GryphonDevelopment · Saskatchewan, Canada
Guides on this company
Frequently asked questions about DNN
What does Denison Mines (DNN) do?
Denison Mines is a Canadian uranium developer advancing the Wheeler River project in the Athabasca Basin, where it plans to mine the Phoenix deposit by in-situ recovery, and it holds physical uranium alongside its development assets.
Is DNN stock a good investment?
DNN offers high leverage to uranium prices as a developer with one of the lowest projected production costs (feasibility-study all-in cost of US$16.04/lb for Phoenix). It carries development risk but the Wheeler River project is one of the most attractive undeveloped uranium projects globally.
When will Denison Mines start producing uranium?
Denison Mines is advancing the Wheeler River project through permitting and environmental assessment. First production is targeted after regulatory approvals are secured, with the ISR mining approach offering a faster path to production than conventional mining.
What is the DNN stock price today?
Denison Mines Corp (DNN) last closed at $2.11 on Nov 4, 2026 on its NYSE: DNN listing, per EODHD end-of-day data. The quote in the page header refreshes with the live market price when markets are open.
What is the DNN stock forecast?
The consensus analyst price target for DNN is about $4.74 across 12 analysts (EODHD, Nov 5, 2026), versus a last close of $2.11. That is an aggregate of third-party analyst estimates, not a prediction or a recommendation by Yellowcake Analytics.
Which uranium ETFs hold DNN?
URNJ holds DNN at 11.53% of the fund (Nov 3, 2026), URNM at 3.96% of the fund (Nov 3, 2026), URA at 2.44% of the fund (Nov 3, 2026), per the issuers' published holdings.
Which ETFs hold DNN?
- URA ETF: holds DNN at 2.44% of the fund (as of Nov 3, 2026)
- URNM ETF: holds DNN at 3.96% of the fund (as of Nov 3, 2026)
- URNJ ETF: holds DNN at 11.53% of the fund (as of Nov 3, 2026)
Weights are each issuer's published fund holdings (Global X for URA; Sprott for URNM and URNJ), refreshed daily.
The weekly uranium brief
Spot moves, SPUT flows, filings, and contract news, once a week. Plus a free daily CSV of our uranium equity screener snapshot.
Compare and go deeper
- Deep dive: Denison Mines (DNN) Deep Dive: The Wheeler River ISR Bet, Explained
- DNN vs NXE: head-to-head comparison
- Compare DNN against every uranium mining stock by price, resources & cost
- How to read analyst price targets
- Today's uranium spot price (U₃O₈)
- Latest SEC filings for DNN
- Sprott Physical Uranium Trust (SPUT) NAV and discount
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Yellowcake Analytics. "Denison Mines Corp (DNN) Stock Analysis." Yellowcake Analytics, 2026, https://www.yellowcakeanalytics.com/stocks/DNN.
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