DNN drops 6.6% as uranium slips under $100 — what to watch Monday

Toronto, Feb 1, 2026, 06:16 EST — Market closed

Denison Mines Corp saw its shares drop 6.6% to close at $3.96 on Friday, with roughly 57 million shares changing hands. In after-hours trading, the stock was last marked at $3.99. (Yahoo Finance)

Uranium prices dipped near the $100-a-pound mark, a key level traders watch closely. On Jan. 30, Trading Economics reported uranium at $99.25 a pound, slipping 2.26% for the day. (Trading Economics)

Denison is looking past this weekend, setting its sights on the next regulatory update. On Jan. 2, the company confirmed it’s prepared to make its final investment decision—the green light to start construction—once it secures federal approval for its Phoenix in-situ recovery…

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