Denison Mines Corp. (DML.TO) – Corporate Update
Trading performance
- During the 24‑hour period ending 02:27 PM Central Europe on Friday 23 January 2026, Denison Mines shares fell 6.73 %.
- The current share price is CAD 3.05 on major exchanges.
- Trading volume over the past 24 hours was CAD 18.3 million.
- Since the end of the previous month, the share price has declined 23.75 %.
- The 200‑day simple moving average stands at CAD 4.67.
- The 52‑week high was CAD 6.04 (02 25 2026) and the 52‑week low was CAD 2.99 (10 15 2025).
Market metrics
- Market capitalization: CAD 2.1 billion.
- Shares outstanding: 905.5 million.
Performance of Peer Companies – 24‑Hour View
| Ticker | Change | Current Price (CAD) | Market Cap (CAD bn) | P/E Ratio |
|---|---|---|---|---|
| TENAZ ENERGY (TNZ.TO) | +0.76 % | 71.60 | 2.4 | 19.97 |
| BAUCH HEALTH COS (BHC.TO) | +0.33 % | 9.09 | 2.5 | – |
| ALTIUS MINERALS (ALS.TO) | –5.49 % | 52.70 | 2.4 | 8.86 |
| BROOKFIELD WEALTH (BNT.TO) | +0.48 % | 53.70 | 2.5 | 54.84 |
| BOYD SERVICES (BYD.TO) | +3.74 % | 116.54 | 2.3 | 176.27 |
Altius Minerals – Recent Transaction
Altius Minerals entered into a royalty agreement with Buffalo Potash Corporation. Under the agreement:
- Altius will receive a 1.0 % gross overriding royalty on potash produced from the Disley West property, paid in two equal tranches.
- Altius obtains a right of first offer on a future royalty or stream at Disley East.
- The transaction, valued at approximately C$8.5 million, aims to support Buffalo’s first production module, expected in early 2027, with a modest annual capacity of soluble‑grade potash.
- The deal emphasizes Altius’s focus on long‑term potash royalties and its partnership with emerging developers, while Buffalo notes that production decisions are not yet supported by a full feasibility study or established mineral reserves.
Company Profile – Denison Mines Corp.
Denison Mines Corp. is a uranium exploration and development company focused on the Athabasca Basin region of Northern Canada. The company’s portfolio covers 310,000 hectares and includes:
- A 22.5 % interest in the McClean Lake Joint Venture.
- Additional deposits in proximity to the McClean Lake mill.
The company continues to develop its uranium assets through exploration, resource development, and strategic partnerships aimed at advancing production timelines.
