Denison Mines Q2 FY26 net income swings to CAD 25.56 million; revenue falls 43.57% to CAD 720,000 - DNN News | RalliesDenison Mines Q2 FY26 net income swings to CAD 25.56 million; revenue falls 43.57% to CAD 720,000
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DNN• Q2 FY26 results and operating updates
- Denison posted net income of CAD 25.56 million, swinging from a net loss a quarter earlier; EPS was CAD 0.03.
- Revenue fell 43.57% year over year to CAD 720,000, reflecting lower toll-milling volumes at the McClean Lake mill.
- Adjusted net loss (non-IFRS) widened to CAD 24.45 million from CAD 12.5 million a year earlier.
- Phoenix ISR mine moved into full-scale construction in July; about 20% of site civil work was complete by late July.
- Denison sold 750,000 pounds of U3O8 for CAD 91.62 million in gross proceeds; it ended June with about 1,095,926 pounds held.
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