8-May-2024
Cameco Holds Strong Buy Rating Amid Positive Long-Term Uranium Market Outlook
TipRanks (Thu, 9-May 2:15 AM ET)
Cameco (NYSE:CCJ): Goldman Sachs Is Bullish on This Key Uranium Player
TipRanks (Tue, 7-May 2:49 AM ET)
Ignore the Unusual Options Activity: Cameco Stock (NYSE:CCJ) Looks Compelling
TipRanks (Mon, 6-May 3:01 PM ET)
Business Wire (Tue, 30-Apr 6:50 AM ET)
Uranium Headed Towards a Market Renaissance - Here's How to Seize the Opportunity
Yolowire (Wed, 17-Apr 9:38 AM ET)
CCJ Bearish Calendar Put Spread Appears to be a Steal at 80 Cents
Market Chameleon (Mon, 15-Apr 1:20 PM ET)
CCJ Bullish Calendar Call Spread is Inexpensive at 93 Cents
Market Chameleon (Wed, 3-Apr 11:42 AM ET)
Global Uranium Production to Increase as Prices Are Expected to Hit a 15 Year High
Globe Newswire (Tue, 2-Apr 8:15 AM ET)
CCJ Bullish Calendar Call Spread is Inexpensive at 84 Cents
Market Chameleon (Mon, 1-Apr 9:51 AM ET)
Cameco Reports Document Filings
Business Wire (Fri, 22-Mar 8:36 PM ET)
Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. Cameco has three reportable segments, uranium, fuel services and Westinghouse. It derives maximum revenue from Uranium Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia and United States.
Cameco trades on the NYSE stock market under the symbol CCJ.
As of May 8, 2024, CCJ stock price declined to $50.56 with 2,737,638 million shares trading.
CCJ has a beta of 0.98, meaning it tends to be less sensitive to market movements. CCJ has a correlation of 0.11 to the broad based SPY ETF.
CCJ has a market cap of $21.95 billion. This is considered a Large Cap stock.
Last quarter Cameco reported $470 million in Revenue and $.10 earnings per share. This fell short of revenue expectation by $-135 million and missed earnings estimates by -$.11.
In the last 3 years, CCJ stock traded as high as $52.80 and as low as $15.34.
The top ETF exchange traded funds that CCJ belongs to (by Net Assets): URA, URNM, INFL, NLR, VXUS.
CCJ has outperformed the market in the last year with a price return of +83.8% while the SPY ETF gained +27.0%. CCJ has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +5.2% and +3.9%, respectively, while the SPY returned +4.2% and +2.3%, respectively.
CCJ support price is $50.28 and resistance is $53.23 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CCJ stock will trade within this expected range on the day.