DNN is trading at $3.36 (4.02% up) after its joint venture partner, Cosa Resources, announced the confirmation of high-grade uranium assays from the Murphy Lake North project.
- The assays confirmed a key intercept of 5.0 metres grading 0.55% U3O8, which includes a high-grade sub-interval of 0.5 metres at 1.7% U3O8.
- This news provides a specific, positive catalyst for Denison, distinguishing its performance from mixed results among uranium sector peers today.
- The broader markets also provided a positive backdrop, with the S&P 500 up approximately 0.49% and the NASDAQ up 0.94%.