Denison Mines stock gained 1.38 percent on October 2, 2026

Published on 10/04/2026 at 14:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Denison Mines stock has a CAD 5.94 consensus target from five analysts, 61.9 percent above the October 2 price. Q2 2026 revenue was CAD 720,000.

DML, CA2483561072, Illustration mit AI erstellt.

Denison Mines stock (ISIN CA2483561072) gained 1.38 percent to CAD 3.67 on the Toronto Stock Exchange on October 2, 2026, giving the uranium developer a market capitalization of CAD 3.3 billion. The move keeps the share price below its CAD 6.04 52-week high, while the next company checkpoint is scheduled for November 3, 2026.

Consensus target stays above CAD 5

MarketBeat lists a Buy consensus based on five research reports, with an average price target of CAD 5.94, a high target of CAD 6.50 and a low target of CAD 5.20.

Against the October 2 reference price of CAD 3.67, the average target lies 61.9 percent above the price. That gap reflects the market's valuation of Denison as a pre-production uranium developer rather than as a mature mining company.

Q2 revenue shows the development profile

MarketBeat reports Q2 2026 revenue of CAD 720,000 and earnings per share of negative CAD 0.03. The revenue figure is small beside the CAD 3.3 billion market capitalization, underscoring that Denison's investment case is tied to project development and future uranium production.

Denison's flagship Wheeler River project includes the Phoenix and Gryphon uranium deposits, with Phoenix advancing as an in-situ recovery project, according to MarketBeat. The operating profile creates a clear trade-off: current revenue remains limited, while the valuation depends on construction progress and future output.

November results are the next checkpoint

Yahoo Finance lists November 3, 2026 as Denison Mines' next earnings date. Investors will have a fresh test of the development story when the company reports its next quarter.

Denison Mines stock closed at CAD 3.67

Denison Mines stock closed at CAD 3.67 on October 2, 2026, on the Toronto Stock Exchange, up CAD 0.05 or 1.38 percent from the prior close. The session range was CAD 3.65 to CAD 3.74, with volume of 1,849,139 shares.