Denison Mines Corp. (NYSE:DNN) is one of the best penny stocks to buy according to hedge funds. On October 2, Desjardins analyst Bryce Adams reiterated a bullish stance on Denison Mines Corp. (NYSE:DNN), giving the stock a Buy rating with a C$5.00 price target.
In its fiscal Q2 2025 results, Denison Mines Corp. (NYSE:DNN) announced the first production at McClean Lake North using SABRE MininG.
In addition, Denison Mines Corp. (NYSE:DNN) obtained provincial approval of environmental assessment for Wheeler River, while also attaining around 80% completion of total engineering for Phoenix.
Denison Mines Corp. (NYSE:DNN) is involved in the exploration and development of uranium. The company holds interests in the Athabasca Basin, Wheeler River, Midwest Project, McClean Lake, and Waterbury Lake.
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Disclosure: None. This article is originally published at Insider Monkey.
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