Cibc World Market Acquires 435,273 Shares of Denison Mines Corp.

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Denison Mines Intrinsic Value – Denison Mines ($TSX:DML) Corp. is a uranium mining company with operations in the United States, Canada, and Tanzania.

Stock Price

On Monday, Cibc World Market Inc. announced that it had acquired 435,273 shares of Denison Mines Corp. This news follows a trend of mostly positive news reports surrounding the company. At the time of writing, Denison Mines stock opened at CA$1.6 and closed at CA$1.6, down by 1.9% from the prior closing price. Despite this small dip, the company’s stock price has remained relatively stable in recent months. Live Quote…

About the Company

VI Analysis – Denison Mines Intrinsic Value

The company’s uranium assets are located in the Athabasca Basin in Saskatchewan, Canada, which is one of the world’s richest uranium districts. Denison’s flagship mine, the Cigar Lake Mine, is the world’s highest-grade uranium mine. The company’s share price has been under pressure in recent years due to weak uranium prices. However, Denison’s strong asset base and experienced management team make it a good long-term bet on the uranium market. More…

VI Peers

The company’s primary competitors are Blue Sky Uranium Corp, Appia Rare Earths & Uranium Corp, and Labrador Uranium Inc.

– Blue Sky Uranium Corp ($TSXV:BSK)

Sky Uranium Corp is a Canadian-based company engaged in the exploration and development of uranium properties. The company has a market capitalization of $26.96 million and a return on equity of -175.38%. Sky Uranium Corp is focused on the development of its uranium properties in the Macusani Plateau in southeastern Peru.

– Appia Rare Earths & Uranium Corp ($OTCPK:APAAF)

Appia Rare Earths & Uranium Corp is a Canadian-based resource company focused on the exploration and development of rare earth elements and uranium in the Athabasca Basin, Saskatchewan. The company has a market capitalization of $39.47 million and a return on equity of -2.65%. Appia is a publicly traded company listed on the TSX Venture Exchange under the symbol API.

Summary

Denison Mines Corp. is a Canadian uranium mining company with operations in the United States, Canada, and Tanzania. The company’s shares are listed on the Toronto Stock Exchange (symbol: “DML”) and the New York Stock Exchange (symbol: “DNN”). Denison is one of the world’s leading uranium mining companies, with a significant portfolio of uranium assets in Australia, Canada, the United States, and Tanzania. The company’s uranium mining operations are located in the Athabasca Basin region of northern Saskatchewan, Canada, which is one of the world’s most prolific uranium-producing regions.

The company’s ISL uranium mining operations are located in the Powder River Basin region of Wyoming, USA. Investing in Denison Mines Corp. could be a good way to gain exposure to the uranium mining industry. The company has a strong portfolio of uranium assets and is a leading developer of ISL uranium mining technology.