Denison Mines Corp. (NYSE:DNN) is one of the 12 Best Nuclear Energy Stocks to Buy Now, with Raymond James increasing its price target on DNN to C$5.05 on January 15, 2026. Canaccord also raised its price target to C$5 on January 6, 2026, with a Speculative Buy rating.

Denison Mines is prepared for a final investment decision on its Phoenix uranium mine, pending regulatory approvals. Initial capital estimates have risen to about $600 million, reflecting inflation and project refinements. The company aims for first production by mid-2028 if approvals are secured in Q1 2026.

Denison Mines Corp. (NYSE:DNN) is primarily focused on uranium mining, development, and exploration in Canada’s Athabasca Basin. The company holds a 95% interest in the Wheeler River Uranium Project, a significant undeveloped asset in the region.

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Read more at Yahoo Finance: Raymond James raised its price target on Denison Mines Corp. (DNN) to C$5.05