Denison Mines (DNN) Stock Enters The Breakout Zone: Now What?

The uranium space has gathered considerable attention from investors in recent years due to the possibility of a nuclear-powered future and one of the companies that could be tracked at this point is Denison Mines (NYSEAMERICAN:DNN).

Denison Mines (DNN) Stock Enters The Breakout Zone: Now What?

It is among the many uranium mining companies to have seen its stock soar in 2021. Over the course of the past two weeks, the Denison Mines stock has soared by as much as 20%. It is likely that the stock is on the watch lists of plenty of investors at this point in time.

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The reason behind enthusiasm regarding Denison Mines is easy to see. It stems from the rising interest in green energy stocks since Joe Biden became the President of the United States. The policy push for clean energy is the reason behind the excitement.

Nuclear energy is clean and on top of that uranium is the central element to the whole thing. Hence, the optimism about Denison Mines is understandable.

Michael Rowels

Weekend Contributor. Writing for business and finance publishers has become his passion over the last decades after he completed a master's degree in Financial Management. Sharing some opinions and forecasts to thousands of readers is a routine job for him but he never promises to invest in one stock.