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Denison Mines Contracts Wood Canada for Key Uranium Project Milestone

Jack KelloggAvatar
Written by Jack Kellogg Reviewed by Tim Sykes Fact-checked by Ellis Hobbs
Updated 2/18/2026, 5:05 pm ET 2/18/2026, 5:05 pm ET | 4 min 4 min read
Denison Mines Contracts Wood Canada for Key Uranium Project Milestone Thumbnail

Denison Mines Corp shares climb 3.15% amid growing uranium demand projections and strategic mining developments.

Candlestick Chart

Live Update At 17:04:37 EST: On Wednesday, February 18, 2026 Denison Mines Corp (Canada) stock [NYSE American: DNN] is trending up by 3.15%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below.

Quick Financial Overview

Denison Mines finds itself at an intriguing juncture from a financial perspective. Amidst all developments, the company reveals financial data setting off a wave of mixed sentiments. Let’s delve into some numbers for a coherent picture.

The gross margin sat firmly at 100%, highlighting effective cost management in producing each dollar of goods sold, starkly contrasting with bleak profitability ratios elsewhere. Earnings margins portray a challenge; with EBIT operating at a negative 498.5% and net margins even steeper. Despite such dismal figures, worthwhile observations surface in liquidity metrics, with a current ratio of 12 pointing towards abundant resources to meet short-term obligations.

Revenue figures drift into the negative realm, elucidating a journey marked by significant revenue shrinkage over three- and five-year spans. As investors digest this scenario, Denison Mines takes business strides toward enrichment and efficiency adjustment, setting a platform for potential recovery.

Stock movements glean insights into investor behavior amidst mixed profitability signals. The recent share price climbed following strategic project advancement news, reverberating heightened market anticipation.

Strategic Advances and Market Reactions

As Denison Mines continues forging its strategic path, the impact on market response cannot be sidelined. The assignment of construction management to Wood Canada resonates profoundly, a step carving its foundation in the uranium landscape.

Undoubtedly, this initiative accelerates Phoenix’s transition, beckoning the eventual mine build-out. Such developments foreshadow pivotal shifts in the uranium industry’s dynamics, further evidenced by the secured grid power supply, illuminated as a testament to forward momentum.

Investor confidence reflects in narrow trading windows yet considerably widened appreciations, peaking over a brief course to $4.01 compared to prior figures, highlighting an anticipatory market stance.

Market hinges on how effectively Denison scales strategic blueprints ensuring energy sufficiency and sustainable use of resources, possibly swaying its stock narrative.

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Conclusion

Denison Mines positions itself amid transformational phases, shaping robust groundwork to buoy futuristic growth. The corporate steps emphasis speaks volumes of undertakings in operational efficiency, amidst notable profitability challenges.

The narrative extends seeking informed insight from those involved in trading, underscored by stock fluctuations suggestive of strategic expectations interplay. As millionaire penny stock trader and teacher Tim Sykes, says, “The goal is not to win every trade but to protect your capital and keep moving forward.”

Denison’s journey outlines a trading story carefully unfurling against calculated industry strides while deciphering financial complexities. Its ascent captures keen trading intrigue, leaving enduring sentiment ripples towards promising market advances.

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.

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Jack Kellogg

He teaches webinars on Tim Sykes’ Trading Challenge He became Tim’s youngest millionaire student in 2020. Now he’s second on the Trading Challenge leaderboard with $12.9 million in career earnings. He’s a master of the 7-Step Pennystocking Framework. Jack is one of a rare breed of traders to profitably trade the entire penny stock framework.
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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”