Denison shares edged higher as investors looked to uranium developers after Cameco trimmed its production outlook. Denison Mines Corp (DNN 1.80%) closed at $2.82, up 1.44%. Among uranium peers, Cameco Corp (CCJ 0.67%) rose 0.67% to $86.89 despite announcing a pullback in its 2025 production guidance, while NexGen Energy Ltd (NXE 1.68%) gained 1.68% to $9.08. At the same time, the uranium market is drawing greater attention as governments expand nuclear energy plans, supplies remain tight, and policy support builds in North America. For investors, Cameco's decision to scale back output adds to the focus on developers like Denison, which could play a bigger role in meeting demand if these trends continue.