Raymond James raised its price target on Denison Mines Corp. (DNN) to C$5.05

Denison Mines Corp. (NYSE:DNN) is included among the 12 Best Nuclear Energy Stocks to Buy Now

On January 15, 2026, Raymond James raised its terms people connected Denison Mines Corp. (NYSE:DNN) to C$5.05 from C$4.30 and maintained an Outperform rating. The accommodation came arsenic portion of the firm’s broader mining assemblage update.

Earlier, connected January 6, 2026, Canaccord besides lifted its terms people connected Denison Mines to C$5 from C$4.40, portion keeping a Speculative Buy rating, adding to the tally of affirmative expert revisions astir the stock.

On January 2, 2026, Denison Mines said it is acceptable to determination to a last concern determination connected its Phoenix in-situ betterment uranium mine, pending last regulatory approvals. The institution considers the task construction-ready aft advancement made successful 2025, with a two-year physique timeline and archetypal accumulation targeted for mid-2028 if approvals are secured successful Q1 2026.

Denison besides raised its archetypal superior estimation to astir $600 million, astir 20% higher than the 2023 feasibility study, reflecting ostentation and task refinements. The institution said astir large instrumentality and materials are already contracted oregon successful precocious bidding, helping enactment the existent operation and accumulation timeline.

Denison Mines Corp. (NYSE:DNN) is simply a uranium mining, development, and exploration institution focused connected Canada’s Athabasca Basin. The institution holds an effectual 95% involvement successful its flagship Wheeler River Uranium Project, 1 of the largest undeveloped uranium assets successful the eastbound Athabasca region.

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