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Denison Mines Corp. (NYSEAMERICAN:DNN) has raised its price target to C$5 from C$4.40 by Canaccord, while maintaining a Speculative Buy rating. The company has also formed four exploration joint ventures with Skyharbour Resources Ltd. for its flagship Wheeler River Project in Saskatchewan. Regulatory and operational milestones are expected to be reached in July 2025, and Denison's 22.5% interest in the McClean Lake JV has begun mining at the McClean North deposit. Denison Mines Corp. acquires, explores, and develops uranium-bearing properties in Canada.
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