Ole_CNX Back in January, I placed a “Hold” rating on Cameco (NYSE:CCJ), noting that while the company is a solid play on the improving uranium and nuclear market, the stock is pretty pricey by historical standards. With the stock down about -12% since then, though, now is the time take the stock to “Buy.” With…
RHJ Cameco (NYSE:CCJ) is a solid play on the improving uranium and nuclear market, although the stock is pretty pricey by historical standards. Company Profile CCJ is a uranium miner and nuclear service provider. The company owns stakes in three tier 1 uranium mines, as well as in several tier 2 and emerging mines. Its…
Sakorn Sukkasemsakorn Investment Thesis Cameco Corporation (NYSE:CCJ) just reported Q3 results of CAD$0.32 (approximately US$0.23), a big beat against the CAD$0.10 EPS analysts expected). It also declared another CAD$0.12 dividend. As an unwavering bull of Cameco, you might expect me to be very pleased with this latest set of results. Author’s work And you’d be…
Antoine2K/iStock via Getty Images All financial numbers in this article are in Canadian dollars unless noted otherwise. Introduction It’s time to talk about two related things: geopolitics and the Cameco Corporation (NYSE:CCJ). On June 18, I wrote an article titled The Nuclear Boom – What To Make Of Cameco’s New Stock Price High? In that…