Shares of Denison Mines (DNN) soared 11.79% in Tuesday's trading session, following a bullish analyst report from Roth MKM. The surge comes as investors react positively to the reiterated Buy rating and newly set price target for the uranium mining company.

In a note released early Tuesday, Roth MKM analyst Joseph Reagor reaffirmed his Buy rating on Denison Mines and set a price target of $2.75. This vote of confidence from a respected financial firm appears to have sparked renewed interest in the stock, driving the significant intraday rally.

Denison Mines, a uranium exploration and development company, has been attracting attention as the global focus on clean energy sources intensifies. The analyst's optimistic outlook suggests potential upside for the company, likely based on factors such as uranium market dynamics, the company's project pipeline, or broader industry trends. Investors are advised to conduct their own research and consider their risk tolerance when making investment decisions, as the uranium sector can be subject to significant volatility.