Why Denison Mines Stock Is Trading Lower Today

Denison Mines DNN shares are trading lower on Thursday after the company reported that it increased its offering to 47 million shares at 37 cents per share.

Denison Mines is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada.

Denison Mines shares traded down 19.07% to 37 cents on Thursday. The stock has a 52-week high of 58 cents and a 52-week low of 19 cents.