Denison Mines starts Getty East drilling. Denison Mines stock falls 4.80 percent

Published on 10/08/2026 at 18:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Getty East drilling covers 3,600 metres in 10 to 12 holes. Denison Mines stock traded at EUR 2.18 on October 8, 2026, versus EUR 2.29, down 4.80 percent.

Key points in brief

Denison Mines started drilling at the Getty East uranium property under its Russell Lake joint venture on October 8, 2026.
The planned program covers 3,600 metres across 10 to 12 holes, while Denison holds a 30.00 percent interest.
Q2 2026 revenue was CAD 0.72 million and the quarterly loss was CAD 0.03 per share.
Denison Mines stock was EUR 2.18 at Lang & Schwarz after-hours on October 8, 2026, down 4.80 percent versus the prior close.

DML, CA2483561072, Illustration mit AI erstellt.

Denison Mines (ISIN CA2483561072) stock was trading at EUR 2.18 at Lang & Schwarz on October 8, 2026 at 6:10 p.m. CEST, down 4.80 percent versus the prior close of EUR 2.29. On the same date, Mining.com.au reported that drilling had started at the Getty East uranium property under the Russell Lake joint venture.

Three milestones shaped the year

On July 28, 2026, Denison began full-scale construction at the Phoenix in-situ recovery uranium mine, according to Simply Wall St. The development milestone matters because Phoenix is the project expected to move Denison from uranium development toward production.

On August 12, 2026, Denison reported second-quarter revenue of CAD 0.72 million and a quarterly loss of CAD 0.03 per share, figures cited by MarketBeat. The contrast is clear: the company is advancing major construction and exploration programs while reported revenue remains small.

On October 8, 2026, Getty East became the latest operational milestone. The program is planned at 3,600 metres across 10 to 12 holes, with Denison holding 30.00 percent and additional rights to earn up to 70.00 percent through staged exploration spending of CAD 15.00 million, Yahoo Finance reported.

What does drilling add?

Getty East broadens Denison's exploration exposure around Wheeler River, but it also adds execution risk because the program depends on drilling results rather than near-term operating revenue. The wider Russell Lake campaign is planned at more than 15,000 metres in 2026, giving the current 3,600-metre program a defined place within a larger exploration effort, according to Mining.com.au.

Next date and stock context

The next confirmed earnings date is November 3, 2026, according to Yahoo Finance. That report will give investors a fresh measure of cash use and progress at Phoenix after the Q2 2026 revenue figure of CAD 0.72 million.

Denison Mines had a market capitalization of CAD 3.2 billion on October 8, 2026, while its Toronto Stock Exchange share price was CAD 3.48 at 4:12 p.m. UTC in the finance data snapshot. The primary-market 52-week range was CAD 1.88 to CAD 6.04, keeping the current Canadian quote below its yearly high while the euro reference price remained the relevant German-market measure.

After-hours price points lower

At Lang & Schwarz, Denison Mines stock was trading at EUR 2.18 on October 8, 2026 at 6:10 p.m. CEST, down 4.80 percent from the Lang & Schwarz prior close of EUR 2.29. The further course of trading is shown by the continuously updated real-time quote of Denison Mines stock.