Bullboard - Stock Discussion Forum Cameco Ord Shs T.CCO

Alternate Symbol(s): CCJ

Metals & Mining Industrial Metals & Minerals

Cameco Corporation is engaged in providing uranium fuel to generate clean, reliable baseload electricity around the globe. The Company also offers nuclear fuel processing services, refinery services and manufactures fuel assemblies and reactor components. Its segments include uranium, fuel services and Westinghouse. The uranium segment is involved in the exploration for, mining, milling... see more

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Cameco Ord Shs > Analyst Comment

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Post by retiredcf on Feb 17, 2024 6:11am

Analyst Comment

BUY ON WEAKNESS

Cameco Corporation(CCO-T)

16/02/2024

Uranium sector off to a strong start in 2024. Contractual commitments a concern due to rising spot price (not maximizing revenue). Quesiton is whether production can be increased in Saskatchewan. Nuclear power trend moving in the right direction. Small modular reactors a promising development (new market for company). Recently sold on stock price strength. Would wait for weakness in shares before buying. Fundamentals look good.

Integrated Mines

Jamie Murray

$56.860

216