Stockchase Insights SELL ON STRENGTH
Cameco Corporation(CCO-T)
21/08/2024
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research
CCO operates as a uranium provider for the generation of electricity that is in the process of integrating a large acquisition. CCO operates in a cyclical industry, and has limited capital returns, and the recent acquisition also pushed the leverage level to a high level. We are okay with taking the loss in CCO to move funds to HPS.A, as we think HPS.A could have more potential to achieve solid growth going forward while still trading at a fair valuation.
Integrated Mines
$56.300