Is Denison Mines Corp. (DNN) a Good Buy Amid the Strong Interest in Uranium?

Denison Mines Corp. (NYSEAMERICAN:DNN) is included among the 13 Best Nuclear Power Stocks to Buy According to Analysts.

Is Denison Mines Corp. (DNN) a Good Buy Among the Strong Interest in Uranium?

Denison Mines Corp. (NYSEAMERICAN:DNN) is a uranium exploration and development company with interests focused on the Athabasca Basin region of northern Saskatchewan, Canada.

The share price of Denison Mines Corp. (NYSEAMERICAN:DNN) has surged by more than 35% since the beginning of 2025, primarily due to the greater attention that the uranium market has been drawing as the Trump administration advances its nuclear energy plans. Moreover, the decision by Cameco to cut back on production presents a significant opportunity for suppliers like Denison.

Denison Mines Corp. (NYSEAMERICAN:DNN) remains focused on expansion and recently invested over $1 million in Foremost Clean Energy, which the latter will use to advance exploration of its 330,000-acre uranium portfolio in Saskatchewan’s Athabasca Basin and for general corporate purposes. Moreover, the company also recently secured a key regulatory approval for its Wheeler River project and began early test mining at another site.

While we acknowledge the potential of DNN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DNN and that has a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None.