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Why Denison Mines’ Stocks are Skyrocketing

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Written by Matt Monaco
Updated 3/17/2025, 5:04 pm ET 6 min read

Denison Mines Corp’s stock is influenced by increased uranium demand amidst energy transitions, leading to a surge in investor interest. On Monday, Denison Mines Corp (Canada)’s stocks have been trading up by 4.36 percent.

Recent Highlights and Developments

  • In collaboration with Foremost Clean Energy, Denison Mines is actively expanding the Hatchet Uranium Project with new drilling programs designed to enhance existing mineralization in the Athabasca Basin.
  • The Canadian Nuclear Safety Commission (CNSC) has scheduled a public hearing for the Wheeler River Uranium Project’s environmental assessment and construction license, marking an essential move toward implementing the Phoenix In-Situ Recovery (ISR) project.
  • Major strides at Denison Mines, with significant improvements in financial and operational results for 2024, including progress with the Phoenix Project and strong partnerships with local communities, set the stage for a crucial investment decision in early 2026.

Candlestick Chart

Live Update At 17:03:57 EST: On Monday, March 17, 2025 Denison Mines Corp (Canada) stock [NYSE American: DNN] is trending up by 4.36%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below.

Quick Overview of Financials

Denison Mines Corp is making some serious headway with their financial metrics. Looking purely at numbers, it’s a mixed bag but interesting nonetheless. Their revenue sits at a modest $1.85M, yet they’re facing a loss with negative profitability margins. As millionaire penny stock trader and teacher Tim Sykes, says, “Cut losses quickly, let profits ride, and don’t overtrade.” This advice could be particularly relevant to those analyzing Denison Mines Corp, considering the challenges they’re facing. In fact, the pretax profit margin plunges into the negatives, as does their return on equity.

Kind of like a football team fielding a strong defense but struggling with the offensive plays—they’re holding onto their cash reserves quite tightly. With a cash and cash equivalents sum of over $100M, they have a solid defense in place. The current ratio is a healthy 6.3, meaning Denison Mines can easily meet its short-term obligations.

But then there’s this whole exploration thing. They’re heavily invested in developing mineral properties, creating potential for future gains. The company is making continuous progress, and operationally, they’re pushing boundaries with projects all set to fire off in the near future. Launching new initiatives and firmly setting a strong foundation in exploration endeavors can be a game changer with time.

More Breaking News

And one can’t ignore the Phoenix ISR Project. Financially, these assets underline potential growth rooted in strategic pipelines. The mine developments, investments, and collaborations create this optimistic horizon—a slow climb, perhaps steady, but Denison Mines exemplifies a robust player with a strategic foresight that’s not easy to overlook.

The Phased Expansion: What’s Happening Next?

The Hatchet Uranium Project showcases Denison’s tactical capabilities. Adding to this is their partnership with Foremost Clean Energy, together crafting a road map for success, engineering new drill programs. Now, draw a comparison to a painter working on their masterpiece, gradually building each corner, enriching the canvas with color one stroke at a time. They’re not aiming to hit the ground running but spreading their reach steadily and cleverly.

Imagine a bustling collaboration where expertise and resources merge, creating a formidable force. Every mineral unearthed and every new route explored solidifies Denison’s growth strategy. This justifies some of the market’s optimism and the rising stock price. The project adds another layer, bolstering the diverse tapestry that is Denison Mines.

Breaking Ground: Phoenix ISR Project’s Milestones

March signals milestones. CNSC’s planned public hearing could accelerate future momentum, as Denison Mines eagerly navigates through the regulatory framework. It’s akin to reaching the final lap of a marathon race where every careful step leads in pursuit of the finish line.

Phoenix ISR marks itself as a valuable project with strong potential. It’s an intriguing concept—a bridge to future avenues of revenue, transformative for commodity markets.

Endeavoring the regulatory maze, obtaining those critical permits, completes another chapter in this saga. At heart, the future of Phoenix seems like a sparkling gem, one that’s unmistakably aligned with success. This keeps both market eyes and investor focus right on Denison’s activities, all reflecting anticipation and keen interest.

Financial Gains: Unraveling Denison Mines’ Progress in 2024

Denison’s story in 2024 reads like an intriguing book, filled with chapters marked by achievement and profound discoveries. From reaching determined goals to navigating collaborations that boost the Phoenix Project’s potential.

Progress often comes with turbulence, and Denison’s financial results depict it candidly. It’s an intricate tapestry marked with operations pressed for future distinctions, set against a backdrop of collaboration and alliance strengthening local relationships.

Setting foot in bustling corridors leading to potential gains, Denison lays out its plan—one where long-term strategy meets immediate global commodity demands head-on. This multifaceted paradigm, with shifting variables and flexible alignments, makes Denison a curious watch within trading circles. As millionaire penny stock trader and teacher Tim Sykes, says, “Consistency is key in trading; don’t let emotions dictate your trades.” Denison’s approach to planning and execution resonates with this wisdom, ensuring strategic progress even amidst market fluctuations.

Crafting narratives around financial progression requires deftness—a judicious fusion of numbers and creative exploration. Meanwhile, watch how Denison Mines charts its territory step by step, not through hasty strides but careful, calculated phases.

Their insightful strategies incite excitement, capturing the pulse of savvy traders, leaving one wondering: as the pieces fall into place, how high will they soar next?

This is stock news, not investment advice. Timothy Sykes News delivers real-time stock market news focused on key catalysts driving short-term price movements. Our content is tailored for active traders and investors seeking to capitalize on rapid price fluctuations, particularly in volatile sectors like penny stocks. Readers come to us for detailed coverage on earnings reports, mergers, FDA approvals, new contracts, and unusual trading volumes that can trigger significant short-term price action. Some users utilize our news to explain sudden stock movements, while others rely on it for diligent research into potential investment opportunities.

Dive deeper into the world of trading with Timothy Sykes, renowned for his expertise in penny stocks. Explore his top picks and discover the strategies that have propelled him to success with these articles:

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Matt Monaco

Mentor and Trainer at StocksToTrade.com, Lead Mentor at Small Cap Rockets and To The Moon Report
He is a diligent trader and teacher in his To The Moon Report blogs and Small Cap Rockets strategy webinars. He shows up every day, and expects his students to as well. Matt is fond of trading sketchy, volatile OTC stocks with profit potential. His favorite patterns are panic dip buys and breakouts.
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* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”

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