|Bid||0.00 x 2900|
|Ask||0.00 x 800|
|Day's Range||9.79 - 9.97|
|52 Week Range||7.68 - 12.19|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.06 (0.66%)|
|1y Target Est||10.86|
The suspension of operations at the world’s largest uranium mine in February and major output cutbacks from the biggest national producer have sparked a recovery in the market, sending prices for the radioactive metal sharply higher year to date.
The year-to-date gain is 16.6 percent, and the metal used to power nuclear reactors is on track to record a second annual increase. The most obvious factor driving the spot price has been supply cutbacks by major producers, namely Canada's Cameco and Kazakhstan's state-owned producer Kazatomprom . Cameco said in July it would extend indefinitely a shutdown of its McArthur River and Key Lake mines in Saskatchewan province, having initially announced a suspension of operations in November last year.
The uranium miner and nuclear fuel fabricator continues to be hindered by sour market conditions. Should investors expect a break anytime soon?
Giant uranium miner Cameco has been holding up well in the face of weak uranium prices, but that strength has its limits -- and could run out soon
NEW YORK, Aug. 22, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of OncoSec ...
A wave of mine closures and the rollout of nuclear-power plants world-wide are fueling bullish bets on the long-depressed uranium market. Several investment funds have launched this year to wager on a turnaround in the radioactive material used in nuclear reactors. Since the 2011 Fukushima disaster in Japan, uranium had been the worst-performing commodity as countries re-evaluated their reliance on nuclear power.
Canada’s Cameco Corp. extended the shutdown of one of the world’s biggest uranium mines indefinitely and announced it will fire most workers at the operation until a global supply glut eases. The decision comes amid growing uncertainty in Cameco’s biggest market as U.S. President Donald Trump threatens to extend metal tariffs to uranium imports. “We have not seen the improvement needed in the uranium market to restart McArthur River and Key Lake,” Cameo Chief Executive Officer Tim Gitzel said Wednesday in a statement.
SASKATOON, Saskatchewan, July 25, 2018-- Cameco today reported its consolidated financial and operating results for the second quarter ended June 30, 2018 in accordance with International Financial Reporting ...
SASKATOON, Saskatchewan, July 20, 2018-- Cameco will issue its second quarter results after markets close on Wednesday, July 25, 2018.. Cameco invites investors and the media to join its second quarter ...
Cameco (CCO.TO) (CCJ) today responded to the decision by the United States Department of Commerce (DOC) to launch an investigation into whether the quantity and circumstances of foreign uranium imports into the US threaten to impair national security. The announcement by Commerce Secretary Wilbur Ross triggers an investigation that could take up to 270 days to complete. A report will then be provided to the President of the United States containing the DOC’s findings and recommendations, if warranted.
WallStEquities.com evaluates BHP Billiton Ltd (NYSE: BHP), Cameco Corp. (NYSE: CCJ), Cleveland-Cliffs Inc. (NYSE: CLF), and Cloud Peak Energy Inc. (NYSE: CLD). Last Friday, Melbourne, Australia headquartered BHP Billiton Ltd's stock declined 1.07%, to close the day at $49.12.
Alternative energy stocks have been lackluster in part due to a political environment that has shifted its focus away from the sector. A nuclear energy supporter for most of my investing career, I recommend buying Cameco Corp. Cameco is a stock with more appeal to institutions than retail investors, but it turns out to be one of the few ways that you can buy uranium, a market which is run by governments concerned with proliferation, and therefore, unlike other commodity markets, being highly regulated.
Small-caps and large-caps are wildly popular among investors, however, mid-cap stocks, such as Cameco Corporation (TSX:CCO), with a market capitalization of CA$6.18B, rarely draw their attention from the investing community.Read More...