Denison Mines
DNN · NYSE American · Energy
$2.86
$0.03 (-1.04%) today
Market Cap
$2.59B
24h Volume
$95.3M
P/E Ratio
0.0
52w High
$4.37
52w Low
$2.27
Est. AI Revenue
0%
7-Day Sparkline (Static)
Company facts
Performance
About Denison Mines
Denison Mines is a uranium exploration and development company focused on the Athabasca Basin in northern Saskatchewan, home to the world's highest grade uranium deposits. It is largely pre-production today, and its future revenue depends on bringing its flagship Wheeler River project into operation and selling uranium to nuclear utilities.
Wheeler River's Phoenix deposit is planned as an in-situ recovery mine, a lower cost method that pumps solution through the orebody rather than excavating it. Denison has made a final investment decision on Phoenix, with construction planned to begin in 2026. The company also holds interests in the McClean Lake mill and mining joint venture and the Midwest joint venture.
The modern company was formed in 1997 and carries a mining name that dates back decades in Canada. It is headquartered in Toronto, Canada and trades on the NYSE American.
Denison Mines in the AI buildout
Denison sits in the Raw Materials and Power & Energy layers of the AI buildout. Nuclear power is becoming a favored answer to AI data center electricity demand, and every restart, uprate, and new reactor ultimately needs uranium. Denison is a way to own future supply: high grade Athabasca Basin pounds that could reach the market late this decade as Phoenix comes online. The linkage to AI is indirect, running through uranium prices and utility contracting cycles rather than through any direct AI customer.
DNN is tracked in Power & Energy and Raw Materials & Mining, rated Growing on the AI Exposure leaderboard.
By the numbers
52-week range
DNN trades at $2.86, 28% of the way up its 52-week range of $2.27 to $4.37.
Market cap
Market capitalization is $2.59B, with an AI Exposure Score of 42 out of 100.
Next earnings
Denison Mines is next expected to report earnings on November 3, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Denison Mines do?
Denison Mines is a uranium exploration and development company focused on Saskatchewan's Athabasca Basin. Its flagship asset is a majority interest in the Wheeler River project, where it plans to mine the high grade Phoenix deposit using in-situ recovery.
How is Denison Mines exposed to AI?
Supercycle rates it Growing with an AI Exposure Score of 42 out of 100. AI-driven nuclear expansion, including hyperscaler backed reactor deals, is structurally lifting uranium demand, and Denison's future production is levered to that cycle rather than to direct AI contracts.
What is the Wheeler River project?
Wheeler River is the largest undeveloped uranium project in the eastern Athabasca Basin. Its Phoenix deposit is planned as an in-situ recovery mine, and Denison has made a final investment decision with construction planned to begin in 2026.
Is DNN a pure play AI stock?
No. Supercycle classifies Denison as Growing. It is a uranium developer whose demand outlook benefits from AI-driven nuclear growth, but its results will hinge on uranium prices, permitting, and the execution of mine construction.
Who leads Denison Mines?
David Cates serves as president and chief executive officer. The company is headquartered in Toronto, Canada and trades on the NYSE American under DNN as well as on the Toronto Stock Exchange.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
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