Cameco (CCJ) Looks Good: Stock Adds 6.3% in Session
Cameco Corporation CCJ was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent trend for the company—as the stock is now up 55.5% since Mar 18, 2020.
The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Cameco. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Cameco currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Cameco Corporation Price
Cameco Corporation price | Cameco Corporation Quote
Another stock worth considering in the Mining-Miscellaneous industry is Silver Standard Resources Inc. SSRM which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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