Cameco (CCJ) ended the recent trading session at $53.98, demonstrating a -1.44% swing from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.33%. On the other hand, the Dow registered a loss of 0.22%, and the technology-centric Nasdaq decreased by 0.56%.The uranium producer's stock has climbed by 12.6% in the past month, exceeding the Basic Materials sector's loss of 4.77% and the S&P 500's gain of 1.83%.Investors will be eagerly watching for the performance of Cameco in its ...

Cameco NYSE: CCJ is the leading player in nuclear power today because it is the leading provider of uranium. The industry would be powerless without uranium and the services that turn the raw ore into usable fuel. Cameco Today | --- | --- | --- | --- | |----------------------|-------|-------|-------| | | | | | | | | | | | CCJ | | | | | Cameco | | | | | $55.19 | | | | | +1.40 (+2.60%) | | | | | 52-Week Range $35.43 | | | | | | | | | | ▼ | | | | | $58.72 | | | | | Dividend Yield 0.14% | | | | | P/E Ratio | | ...

If you liked this article and would like to stay updated on Cameco Corporation, consider subscribing to the investing group Green Growth Giants . The stock has been covered there 14 times since early 2023, either as a standalone stock or as part of nuclear energy ETF and broader sector stories. Canadian uranium miner Cameco (NYSE: CCJ ) has seen a healthy increase of 25% this year, which makes it a standout stock, considering that the Global X Uranium ETF ( URA ), the biggest uranium ETF by assets under man ...

DESIGNATED NEWS RELEASEVANCOUVER, BC, Oct. 28, 2024 /PRNewswire/ - Uranium Royalty Corp. (NASDAQ: UROY) (TSX: URC) ("URC" or the "Company") is pleased to announce that it acquired an existing royalty on the Millennium and Cree Extension Uranium Projects in Saskatchewan, Canada (the "Projects") from a third-party industrial gas company for total cash consideration of $6 million.Highlights: Figure 1 - Location of the Millennium deposit – Source: Cameco Corporation website (CNW Group/Uranium Royalty Corp. ...

The growth of artificial intelligence (AI) is driving an increasing demand for clean energy to power the sector. This rising demand presents opportunities for investors in nuclear energy-related equities.With several options in the market, an advanced AI tool has provided insights into which nuclear energy stocks investors can capitalize on to benefit from this emerging trend.Indeed, this demand is tied to uranium, a critical component in nuclear energy production. In this regard, investment products relate ...

This leading nuclear power stock has outperformed the S&P 500 index in 2024. Should investors still look to charge up their portfolios with it?These days, unlike a few years ago, discussions about renewable energy stocks aren't just narrowly focused on solar and wind power. Instead, nuclear energy stocks like Cameco (CCJ -0.94%) are also commanding attention from investors seeking alternative energy exposure.Investors also recognize that artificial intelligence companies are placing sizable power demands on ...

Amazon’s NASDAQ: AMZN $500 million investment in nuclear power is a sign that nuclear power has reached a critical mass. Not the company’s first investment in nuclear and not the first investment by a major tech company, the news shows how important nuclear is for AI and the evolution of technology. Amazon, Google NASDAQ: GOOGL, and Microsoft NASDAQ: MSFT are all investing in nuclear energy, and others will likely follow suit because advancements in nuclear energy technology are a win-win for the industry. ...

Popular renewable energy sources just aren't growing fast enough for the world to reach its current carbonreduction goals. Last month, utility company Constellation Energy unveiled plans to restart one of the two now-mothballed nuclear reactors at Pennsylvania's Three Mile Island power facility. On the surface it doesn't mean much. The world needs more electricity right now. Nuclear is a quickly accessible low-cost option. There was a curious detail within Constellation's press release, however. That is, al ...

Cameco looks poised to ride the wave in nuclear energy. Thanks to the emergence of artificial intelligence (AI), cloud computing companies have increasingly been turning their attention toward nuclear power. And with nuclear power comes the need for more uranium. Let's take a closer look at what is going in the nuclear power sector and how this could impact uranium miner and nuclear service provider Cameco (CCJ 2.38%). AI and nuclear power As major tech companies rush to build AI-focused data centers, they ...

Another week, another deal done by a major tech company to buy power from a nuclear energy producer. It's been another good week for the nuclear energy sector, and one of the best pure-play stocks, Cameco (CCJ 1.60%), enjoyed a 10.4% rise in the week to Friday morning. The latest news is Alphabet's Google signing a deal to purchase nuclear-powered energy from Kairos Power. The latter is developing small modular reactors (SMRs), with the first SMR scheduled to come online by 2030. Cameco is the pick of the p ...