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Denison Mines Corp (DNN)

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  • Jan. 16, 2013, 2:49 PM
    Among the Fission Energy assets being acquired by Denison (DNN +3.4%) is a 60% stake in the Waterbury Lake uranium project, part of a deposit attached to Rio Tinto’s (RIO -1.9%) Roughrider deposit - which Cantor Fitzgerald says "ties a neat bow on top of Denison for a potential takeout offer" from RIO. The analyst also considers Cameco (CCJ -1.2%) a potential source of a competing offer for Fission.
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  • Jan. 16, 2013, 8:38 AM
    Denison Mines (DNN) will acquire a portfolio of uranium exploration projects from Fission Energy (FSSIF.PK), including Fission's 60% interest in the Waterbury Lake uranium project, as well as exploration interests in the eastern part of the Athabasca Basin, plus assets in Namibia, Quebec and Nunavut.
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  • May. 23, 2012, 9:19 AM
    Uranium giant Cameco's (CCJ) planned effort to raise as much as $1B through a combination of securities may signal an upcoming acquisition, BMO Capital suggests, citing falling uranium equity valuations in recent weeks and CCJ's ample funding capability. Potential targets: Paladin Energy (PALAF.PK), Denison Mines (DNN), UEX Corp. (UEXCF.PK)
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  • Apr. 14, 2011, 3:39 PM
    Uranium names back in favor today after a report suggests that related companies, so depreciated they’re trading at less than their assets would be worth in a fire sale, could see a pickup in M&A activity. Japan’s nuclear crisis made uranium miners 31% cheaper relative to book value, Bloomberg says. URG +4.4%, UEC +4.7%, URRE +0.5%, USU +1.6%, DNN +2.6%, URZ +7.6%.
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Company Description
Denison Mines Corp through its subsidiaries and joint arrangements is engaged in uranium mining and related activities, including acquisition, exploration and development of uranium properties, extraction, processing and selling of uranium.