Cameco Corporation (CCJ)

NYSE: CCJ · IEX Real-Time Price · USD
41.63
+0.76 (1.86%)
At close: Feb 27, 2024, 4:00 PM
41.85
+0.22 (0.53%)
After-hours: Feb 27, 2024, 7:57 PM EST
1.86%
Market Cap 17.74B
Revenue (ttm) 1.95B
Net Income (ttm) 271.31M
Shares Out 434.18M
EPS (ttm) 0.61
PE Ratio 67.94
Forward PE 33.58
Dividend $0.09 (0.21%)
Ex-Dividend Date Nov 29, 2023
Volume 5,049,022
Open 41.00
Previous Close 40.87
Day's Range 40.85 - 42.26
52-Week Range 23.69 - 51.33
Beta 0.91
Analysts Strong Buy
Price Target 58.74 (+41.1%)
Earnings Date Feb 8, 2024

About CCJ

Cameco Corporation provides uranium for the generation of electricity. It operates through Uranium, Fuel Services, Westinghouse segments. The Uranium segment is involved in the exploration for, mining, and milling, purchase, and sale of uranium concentrate. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services. This segment also produces CANDU reactor fuel bundles and other reactor components. The company offers nuclear fuel processing servi... [Read more]

Industry Uranium
Sector Energy
CEO Timothy S. Gitzel
Employees 2,424
Stock Exchange NYSE
Ticker Symbol CCJ
Full Company Profile

Financial Performance

In 2023, Cameco's revenue was 2.59 billion, an increase of 38.53% compared to the previous year's 1.87 billion. Earnings were 360.85 million, an increase of 303.71%.

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for CCJ stock is "Strong Buy." The 12-month stock price forecast is $58.74, which is an increase of 41.10% from the latest price.

Price Target
$58.74
(41.10% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Cameco Announces 2023 Results; Strategically Positioned to Increase Tier-One Production as Security of Supply Contracting Cycle Advances; Maintaining Disciplined Financial Management and Growth; Improving Westinghouse Outlook

SASKATOON, Saskatchewan--(BUSINESS WIRE)---- $CCJ #cameco--Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the fourth quarter and year ended December 3...

19 days ago - Business Wire

3 uranium stocks to buy as the metal hits 16-year high

The rally in the spot price of uranium that began in 2023 is heating up in the first month of 2024. On January 15, the spot price of uranium broke the $103 level, a 16-year high.

Other symbols: BAMUEC
5 weeks ago - MarketBeat

Is Uranium's price rally the real deal? This portfolio manager thinks

Guy Keller, portfolio manager at Tribeca, says "uranium needs to solve for the current supply deficit, not future supply, like lithium's trying to."

Other symbols: UECURA
5 weeks ago - CNBC International TV

Stock Chart to Watch: Miner Cameco Gets Boost From Sharp Rise in Uranium Prices

Here is a look at a chart tied to Cameco's recent news-driven price move, with important technical levels to monitor.

6 weeks ago - Investopedia

Gordon Johnson on why he's investing in Cameco and shorting Sunrun

Gordon Johnson, CEO and Founder of GLJ Research, discusses his biggest stock ideas for 2024.

Other symbols: RUN
2 months ago - CNBC Television

Why the rally in uranium that lifted prices to a 15-year high may not be over

Uranium prices have climbed to their highest level in more than 15 years, prompting investors to take notice, as analysts point out the obvious signs that the big rally in the sector was years in the ...

3 months ago - Market Watch

Uranium producer Cameco appoints Catherine Gignac as new chair

(Kitco News) - According to Cameco, Gignac will succeed Ian Bruce, who passed away on October 15, 2023.

3 months ago - Kitco

Cameco Board Appoints New Chair

SASKATOON, Saskatchewan--(BUSINESS WIRE)---- $CCJ #cameco--Cameco (TSX: CCO; NYSE: CCJ) announced today the appointment of Catherine Gignac as chair of Cameco's board of directors effective December 1...

3 months ago - Business Wire

Westinghouse Acquisition by Brookfield and Cameco Complete

CRANBERRY TOWNSHIP, Pa.--(BUSINESS WIRE)--As announced earlier today, a consortium comprised of Brookfield Asset Management (NYSE: BAM, TSX: BAM), and alongside its publicly listed affiliate Brookfiel...

Other symbols: BAMBEP
4 months ago - Business Wire

Cameco and Brookfield Complete Acquisition of Westinghouse Electric Company Creating a Powerful Platform for Strategic Growth

SASKATOON, Saskatchewan--(BUSINESS WIRE)---- $CCJ #cameco--All amounts in Canadian dollars unless specified otherwise Cameco (TSX: CCO; NYSE: CCJ) announced that the acquisition of Westinghouse Electr...

4 months ago - Business Wire

Uranium rally in early innings, Sprott Asset Management CEO suggests

John Ciampaglia, Sprott Asset Management CEO, joins 'Fast Money' to talk the Uranium market, the benefits of nuclear energy and the need for energy security.

Other symbols: NXEUECURAURNMUUUU
4 months ago - CNBC Television

Shocking uranium play that hedge funds kept hidden

Just like many investors got around investing in Chinese names, such as Alibaba Group NYSE: BABA, after Ray Dalio got behind it, a wave of money will jump into the industry's favorite play today: uran...

Other symbols: URG
4 months ago - MarketBeat

Cameco and Brookfield Receive Regulatory Approval to Acquire Westinghouse

SASKATOON, Saskatchewan--(BUSINESS WIRE)---- $CCJ #cameco--Cameco (TSX: CCO; NYSE: CCJ) is pleased to announce that our joint acquisition of Westinghouse Electric Company with Brookfield Asset Managem...

4 months ago - Business Wire

Cameco's profit jumps in Q3 on higher uranium price and production, lower costs

(Kitco News) - Cameco (TSX: CCO) (NYSE: CCJ), one of the largest global producers of uranium fuel, today reported net earnings of C$148 million and adjusted net earnings of C$137 million in Q3 2023, c...

4 months ago - Kitco

Cameco Announces Third Quarter Results; Tier-One Transition Continues to Drive Gross Profit Improvement; Amplified Security of Supply Concerns Benefit Full-Year Revenue Outlook; Decade-High Industry Contracting Volume Achieved; Dividend Declared

SASKATOON, Saskatchewan--(BUSINESS WIRE)---- $CCJ #cameco--Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the third quarter ended September 30, 2023, ...

4 months ago - Business Wire

Hedge funds are pouring money into uranium stocks as they bet on a nuclear-powered future

Hedge funds are laying bets on uranium, a critical element in nuclear energy, Bloomberg reported. The price of uranium has swung up by 125% since the end of 2020.

Other symbols: NXEURAURGUUUU
4 months ago - Business Insider

2 Uranium Stocks to Make Your Portfolio Glow Green

The clean energy segment is getting smoked this year as solar companies are warning of the collapse in installation demand. Companies like SolarEdge Technologies Inc. NASDAQ: SEDG and microinverter ma...

Other symbols: URA
4 months ago - MarketBeat

Cameco Marks Uranium Supply Agreement with China Nuclear International Corporation

SASKATOON, Saskatchewan--(BUSINESS WIRE)---- $CCJ #cameco--Cameco (TSX: CCO; NYSE: CCJ) has signed a uranium supply agreement with China Nuclear International Corporation, a subsidiary of China Nation...

4 months ago - Business Wire

CNSC renews Cameco's licences for Key Lake, McArthur River and Rabbit Lake uranium operations

(Kitco News) - Today, the Canadian Nuclear Safety Commission (CNSC) announced its decision to renew the mine and/or mill operating licences held by Cameco for the Key Lake, McArthur River and Rabbit L...

4 months ago - Kitco

Cameco Mourns Loss of Long-Time Board Chair Ian Bruce

SASKATOON, Saskatchewan--(BUSINESS WIRE)---- $CCJ #cameco--Cameco (TSX: CCO; NYSE: CCJ) is mourning the accidental passing of its long-standing board member and board chair Ian Bruce on Sunday, Octobe...

4 months ago - Business Wire

Why uranium prices have climbed to their highest in over a decade

Uranium prices have reached their highest level in more than a decade as a global supply shortage persists, with the bull market for uranium investments still in its “earliest days.”

Other symbols: UECURAURNM
4 months ago - Market Watch

Q4 Big Ideas: Gordon Johnson makes the bull case for Cameco

Gordon Johnson, Founder and CEO of GLJ Research, discusses why he's bullish on Cameco going into the fourth quarter.

5 months ago - CNBC Television

Here are 19 stocks Jim Cramer is watching, including Chipotle, LULU and Airbnb

Here are some of the tickers on my radar for Tuesday, Sept. 5, taken directly from my reporter's notebook.

Other symbols: ABNBCMGABAXPBXPCNCDPZ
6 months ago - CNBC

Cameco reduces production forecast on personnel, supply-chain woes

(Kitco News) - Production from the McArthur River/Key Lake operations for 2023 is anticipated to be 14 million pounds U3O8 (100% basis), down from the previous forecast of 15 million pounds U3O8 (100%...

6 months ago - Kitco

Cameco Provides Production and Market Update

SASKATOON, Saskatchewan--(BUSINESS WIRE)---- $CCJ #cameco--Cameco (TSX: CCO; NYSE: CCJ) provided a market update today regarding challenges at the Cigar Lake mine and Key Lake mill that are expected t...

6 months ago - Business Wire