August 23, 2024 (Globalinvestorideas.com Newswire) Globalinvestorideas.com, a go-to platform for big investing ideas, including mining stocks reports on trading for Denison Mines Corp. (TSX: DML) (NYSE American: DNN) a uranium mining, exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada.

Uranium miners spiked following news from National Atomic Company Kazatomprom JSC GDR RegS (GB:KAP) and revised production estimates .

Tipranks reported, “Kazatomprom JSC, the world’s leading producer of natural uranium, has reported strong financial performance in the first half of 2024 with a 13% increase in revenue and 27% growth in net profit. However, due to challenges with sulphuric acid supplies and construction delays, the company has revised its 2025 production forecast downwards but remains committed to fulfilling existing sales contracts.”

Denison is trading at $2.3700, up 0.3400, gaining 16.7488% on volume of over 2 Million shares on the TSX as of this report.

Uranium Royalty Corp. (NASDAQ: UROY) (TSX: URC) also made the TSX top percentage gainer list and is trading at $3.2000, rising 0.4300, for a gain of 15.52% on the TSX.

Uranium Energy Corp is the fastest growing supplier of the fuel for the green energy transition to a low carbon future. UEC is the largest, diversified North American focused uranium company, advancing the next generation of low-cost, environmentally friendly ISR uranium projects in the United States and high-grade conventional projects in Canada. The Company has two production-ready ISR hub and spoke platforms located in South Texas and Wyoming.

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