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Why Denison Mines Stock Soared Today

TheMotleyFool

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Why Denison Mines Stock Soared TodayPhoto, wide shot, wide-angle lens, Gold mine, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/94faf2bd-99c1-4ea6-b55d-fdcab23c3865.png

Denison Mines (NYSEMKT: DNN) stock started off the New Year right, soaring 11.3% through 11:25 a.m. ET Friday, after the uranium mining company announced this morning that it's ready to start construction of its "proposed Phoenix In-Situ Recovery ... uranium mine."

Image source: Getty Images.

Denison calls Phoenix its "flagship" project, and says it will "become the first new large-scale uranium mine built in Canada since Cigar Lake."

Source Fool.com

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