U.S. markets closed
  • S&P 500

    4,166.45
    -55.41 (-1.31%)
     
  • Dow 30

    33,290.08
    -533.32 (-1.58%)
     
  • Nasdaq

    14,030.38
    -131.02 (-0.93%)
     
  • Russell 2000

    2,237.75
    -49.71 (-2.17%)
     
  • Crude Oil

    71.50
    +0.46 (+0.65%)
     
  • Gold

    1,769.00
    -5.80 (-0.33%)
     
  • Silver

    25.97
    +0.11 (+0.44%)
     
  • EUR/USD

    1.1865
    -0.0045 (-0.38%)
     
  • 10-Yr Bond

    1.4500
    -0.0610 (-4.04%)
     
  • GBP/USD

    1.3809
    -0.0115 (-0.83%)
     
  • USD/JPY

    110.1500
    -0.0810 (-0.07%)
     
  • BTC-USD

    34,766.73
    -1,078.44 (-3.01%)
     
  • CMC Crypto 200

    888.52
    -51.42 (-5.47%)
     
  • FTSE 100

    7,017.47
    -135.96 (-1.90%)
     
  • Nikkei 225

    28,964.08
    -54.22 (-0.19%)
     

Why Denison Mines Stock Jumped 11% Today

·2 min read
Why Denison Mines Stock Jumped 11% Today
  • Oops!
    Something went wrong.
    Please try again later.

Shares of Canadian uranium exploration, development, and production company Denison Mines (NYSEMKT: DNN) jumped double digits today after the company made an offer to buy JCU Exploration. Yesterday, Denison made an offer to Overseas Uranium Resources Development (OURD) to acquire 100% ownership of JCU, a subsidiary of OURD. In a statement, Denison management said "Denison welcomes the opportunity to build on its long history of partnership with OURD and JCU to effect the acquisition of JCU, as presented in the Denison Offer, and bring significant additional benefit to the shareholders of OURD."