U.S. Markets open in 3 hrs 21 mins

Cameco Corporation (CCJ)

NYSE - NYSE Delayed Price. Currency in USD
Add to watchlist
10.04-0.04 (-0.40%)
At close: 4:02PM EDT
People also watch
DNNUECBHPURREGG
  • a
    alexh
    alexh
    Now that CCJ is losing money how can they afford to pay a dividend?
  • J
    Jomama
    Jomama
    Is today (Sept 15) the day CRA proceedings end their fact-finding phase? Serious replies only, please. Thanks!
  • A
    Alexis
    Alexis

    I think CCJ might have reached its upward limit and that a pullback may be possible. I started receiving notifications from https://activepennystocks1.blogspot.com the other week and so far they have presented interesting new trade ideas.

    Penny Stock
    activepennystocks1.blogspot.com
  • J
    Jomama
    Jomama
    Cameco up 3% today. Could the climate-change deniers be taking it up the #$%$?
  • J
    Jomama
    Jomama
    Repeated poundings of major U.S. population centers by unusually severe hurricanes may finally convince powers that be that climate change is real, and has drastic consequences. Any impetus to move to non-polluting nuclear power generation might be considered a silver lining in an otherwise dire situation.
  • J
    Jomama
    Jomama

    https://japantoday.com/category/national/japan-commission-supports-nuclear-power-despite-fukushima

    Atomic Energy Commission supports nuclear power despite Fukushima
    Japan's nuclear policy-setting Atomic Energy Commission called Thursday for nuclear power to remain a key component of the country's energy supply despite broad public support for a less nuclear-reliant society. The commission recommended in a report
    japantoday.com
  • T
    THOMAS
    THOMAS
    first AP1000 being loaded with fuel in China, being touted as the first meltdown proof reactor, hopefully may bring some new interest in the west for Nuclear, anyways good news for N power
  • S
    Scott
    Scott

    Decent Morningstar article published today talking about China's plans for significant growth in nuclear power. China will dwarf any possible buildout the U.S. might consider. India and other emerging nations also plans a buildout and there's still the wildcard of Japan bring their reactors back on board. The potential here is significant, as is the risk from a few different angles. I like the risk / reward though and see this as a potential multi-bagger in the coming few years. It should also serve as a good hedge against potential recessions and/or significant inflation in the coming years.

    https://finance.yahoo.com/m/5f4806bb-43fd-392b-b103-f775e73a7195/cameco-offers-second-chance.html

    Cameco Offers Second Chance at China Growth Story
    Beijing is moving to nuclear to reduce a heavy reliance on coal.
    finance.yahoo.com
  • B
    Brian
    Brian
    What is status of Canadian tax dispute? Any recent developments. Stopping in. CCJ looks looks like it may be getting cheap again.
  • S
    Sharon
    Sharon

    I also received an alert for $CCJ from http://diamondcbd.com/?s=CCJ , any ideas? Day trading investing. "hhse"

    Diamond CBD - CBD Oils, Vaping, Gummies, Oral Drops, and More.
    Shop for the highest quality CBD oils, vapes, edibles, gummies, isolates, oral drops, and CBD shots. All natural and 100% CBD.
    diamondcbd.com
  • s
    steve
    steve
    The abandonment of the two South Carolina plants is a blow but not unexpected. Nuclear cannot compete when it's (huge) contributions are not compensated for. Renewables provide power that actually costs the power company more than the value of the power to absorb due to the need for backup generation and the instabilities caused in the grid. Nuclear has none of these disadvantages. Renewables get feed in tariffs and nuclear gets the shaft.
  • N
    NOYB
    NOYB
    Something unusual happened on Friday. Big volume and price was kept in a very narrow range. For as much volume as traded you would expect more than a 1 penny price change. In my opinion, this looks like accumulation while not trying to have it reflected in price. Time will tell.
  • a
    alexh
    alexh

    It is possible to deny to the end but the facts are available "The message for Vogtle is simple, nuclear power is uneconomic. It will take massive federal, state and vendor subsidies to be completed and the cost of power will still be two to three times the cost of power from alternatives. The capital cost of renewables is between one-eighth and one quarter the cost of VC Summer. Even adjusted for load factors, nuclear power is two to three times more costly then the alternatives." https://www.bizjournals.com/prnewswire/press_releases/2017/08/03/DC57950

    Experts: V.C. Summer Failure Should Put An End To State And Federal Bailouts For Nuclear Industry - The Business Journals
    Experts: V.C
    www.bizjournals.com
  • a
    alexh
    alexh
    Companies that lose money shouldn't cost soo much as CCJ after all their total value is going down every day now. ROI is negative so good luck with LOSS SHARING>
  • a
    alexh
    alexh

    Nuclear renaissance is not fruiting except bankruptcy's. http://www.aikenstandard.com/news/scana-santee-cooper-pull-plug-on-v-c-summer/article_5d654982-7617-11e7-b066-270a9fc4fd45.html

    SCANA, Santee Cooper pull plug on V.C. Summer
    Efforts to build two state-of-the-art nuclear reactors at the V.C. Summer Nuclear Plant in Fairfield County have gone inert.
    www.aikenstandard.com
  • A
    Andy
    Andy
    $122,000 from $122 million for the IRS. Am I missing something? How is that not good news?
  • S
    Scott
    Scott
    I'm not a chart guy, but I get the sense that CCJ has bottomed in the high $9 range and sentiment is starting to change. The downside risk is obviously the full share price so let's call it $10 per share. There's no uranium producer in the world with the ability to ramp production if/when the supply-demand landscape changes and uranium prices increase. If there's even a sniff of that happening, we have a fairly quick double and from there could double again in very quick order. The if/when is the question... As for 'if', I say yes. As for 'when', I say the double will happen within the next 12 months and the ensuing double from there could take another 12-24 months. Long story short, I like the risk reward in CCJ at these levels taken into consideration this is a speculative play so not investing a huge percentage of investable funds. Good luck...
  • J
    Jomama
    Jomama
    The company has two other legal issues: A dispute with Tokyo Electric Power Company Holdings Inc. over its use of a “force majeure” clause to cancel a contract worth $1.3 billion over the next 11 years, and a series of tax reassessments issued by the Canada Revenue Agency (CRA) related to uranium sales between Cameco and its European subsidiary.

    Closing arguments in a trial over three of the reassessment notices are expected in September. If Cameco loses all of its cases, it could face tax expenses and penalties of $2.4 billion. Gitzel said while the company was “clearly pleased” with the outcome of its dispute with the IRS, it is taking its legal cases “one at a time.”
  • A
    Augie
    Augie

    http://jcharlesassets.com/opiant-pharmaceuticals/?s=CCJ has an alert for $CCJ. Did anyone happen to see it as well? Looking for some good positive information from the company! Trading stocks investing. "rht"

    Best MicroCap, Small Cap and Emerging Stocks to Buy - J Charles Assets
    We search for the smart new growing companies to invest in with stock deals to watch in pharmacuetical and digital verticals.
    jcharlesassets.com
  • J
    John
    John
    July 2017: Nuclear power has an essential role to play in achieving a 'carbon free' future. Nuclear power is a reliable and predictable source of electricity that supports economic development by providing "clear conditions" that may be forecast 60 years ahead. It also offers "low volatility" because the "commodity component" (uranium) in the cost of energy generated by nuclear power plants is very low - below 3%. For comparison, the cost of the fuel for gas and coal plants amounts to 60-70%. Scientists agree renewable energy should not exceed approximately 40% of a country's electricity mix, since the grid could not support a greater share. The construction of 1000 GWe of new nuclear power plants by 2050 is a realistic target. Nuclear power currently has an 11% share of the world energy balance. If nuclear power plants are built at a rate similar to that in the 1970s and 1980s, then they will be able to supply 25% of the world's energy by 2050. It is necessary to develop sources of renewable energy, but at the same time baseload power must be provided. Nuclear power plants provide clean carbon-free base load energy. Japan has set a target of a 30% share of nuclear power in its energy mix by 2030, with the start-up of ten reactors scheduled by the end of this year, and the country aims to reduce its CO2 emissions by 26% by 2030. World electricity demand is forecast to increase by 30% by 2040. This excludes demand for power required for water desalination, the charging of electric cars and electric motors for airplanes.