Denison Mines: A Low-Cost Uranium Producer With Upside Potential

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Denison Mines Corp.’s uranium holdings account for 12.5% of the company’s current billion-dollar valuation.

Using in situ recovery will keep Denison’s production costs very low on the Phoenix project.

Previously optimistic U3O8 price assumptions are becoming reality and justifying PFS projections. RHJ Denison Mines Corp. (NYSE: DNN ) is a uranium exploration and development company whose primary base of operations is the Canadian Prairie province of Saskatchewan. The company has a broad portfolio of properties, most of which are in the early exploratory stages, but also owns a post-closure mine maintenance service as well as a stake in the McClean Lake Uranium Mill, one of the world’s largest uranium processing facilities.The bulk of the company’s value, however, comes from only two assets. The first of these is a couple of million pounds of U 3 O 8 that the company bought at prices far lower than […]

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