Cameco(CCJ)
Search documents
Cameco (CCJ) Exceeds Market Returns: Some Facts to Consider
ZACKS· 2024-07-09 22:56
Cameco (CCJ) closed at $48.99 in the latest trading session, marking a +0.53% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.07%. Meanwhile, the Dow lost 0.13%, and the Nasdaq, a tech-heavy index, added 0.14%. Investors will be eagerly watching for the performance of Cameco in its upcoming earnings disclosure. The company is expected to report EPS of $0.34, up 3500% from the prior-year quarter. Our research demonstrates that these adjustments in estimates directl ...
3 Uranium Stocks to Buy as Power Demand Intensifies
Investor Place· 2024-07-08 10:00
Further, the productivity advancements of digital intelligence and other advanced solutions must start making themselves more apparent. Otherwise, if the net productivity gains are minimal, that would be a ton of energy consumption for very little value. So, societies will need access to robust power sources. A diverse business within the nuclear ecosystem, Cameco (NYSE:CCJ) provides uranium for electricity generation. Per its public profile, the company is involved in the exploration, mining, milling, acqu ...
Cameco: Spanning The Uranium, Nuclear Value Chain With Favorable Growth Expectations
Seeking Alpha· 2024-07-01 06:26
Cameco Cameco Realized Price vs Spot 85 100% 75 80% 60% ୧ટ 55 40% 45 20% 35 0% 25 -20% 15 -40% Discount/Premium Average spot price Average realized price Uranium Price Guidance (Cameco) AP1000' PWR eVinci™ Microreactor Cameco /entilating Building Cooling Units Volume | --- | --- | |-----------------------------------------|--------------| | 10% \n(AMECO SHARE (49%) | 2024 OUTLOOK | | Net earnings (loss) | (170-230) | | Depreciation and amortization | 335-385 | | Finance income | (2-3) | | Finance costs | 17 ...
Why Cameco (CCJ) Outpaced the Stock Market Today
ZACKS· 2024-06-26 22:55
Heading into today, shares of the uranium producer had lost 7.56% over the past month, lagging the Basic Materials sector's loss of 4.96% and the S&P 500's gain of 3.22% in that time. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. The Mining - Miscellaneous industry is part of the Basic Materials se ...
Wall Street Favorites: 3 Stocks With Strong Buy Ratings for June 2024
Investor Place· 2024-06-23 10:06
Born from the bankruptcy of Energy Future Holdings in 2015, Vistra (NYSE:VST) has emerged as a solid, important renewable energy stock in the Texas market. With the growth witnessed in data center construction and demand, the availability of low-cost energy in the southern states sets Vistra up for significant growth. In March, it acquired nuclear power generation provider Energy Harbor and divided its business in two. Vistra Vision houses Energy Harbor's assets and is now the second-largest nuclear operati ...
Forget NuScale Power: 2 Nuclear Power Stocks to Buy Instead
The Motley Fool· 2024-06-23 09:07
NuScale Power is developing modular nuclear reactors, but it has yet to build one. There are lower-risk ways to invest in nuclear power. NuScale Power's hope is that it can build small nuclear reactors in a factory at relatively low cost. Those units will be modular and can be joined together in groups of up to 12 to create what would, effectively, be one large nuclear power plant. That sounds like close to a perfect story. And if NuScale can pull all of this off, it will be a very attractive investment. Th ...
Cameco (CCJ) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2024-06-13 23:13
Cameco (CCJ) ended the recent trading session at $52.92, demonstrating a +0.92% swing from the preceding day's closing price. This change outpaced the S&P 500's 0.23% gain on the day. Meanwhile, the Dow lost 0.17%, and the Nasdaq, a tech-heavy index, added 0.34%. Prior to today's trading, shares of the uranium producer had gained 4.94% over the past month. This has outpaced the Basic Materials sector's loss of 2.98% and the S&P 500's gain of 3.96% in that time. Analysts and investors alike will be keeping a ...
Why Cameco Corporation Stock Dropped on Tuesday
The Motley Fool· 2024-06-11 18:58
When uranium prices rise, so does Cameco stock -- and vice versa. Cameco Corporation (CCJ -5.00%) stock slipped 4.9% through 1:15 p.m. ET this afternoon, and it's not too hard to figure out why. Supply constraints and rising demand for uranium in late 2023 and early 2024 drove prices of the radioactive metal well past $100 a pound earlier this year. But the rally faded in March, leading to a steep sell-off. Uranium prices have bounced around the mid-$80 range ever since -- and recently began to slide furthe ...
Why Nuclear Energy Stock Cameco Jumped 22% in May
The Motley Fool· 2024-06-10 16:15
Shares of uranium giant Cameco (CCJ 1.20%) popped 21.7% in May, delivering their best month yet in 2024, according to data provided by S&P Global Market Intelligence. The stock hit a 52-week high on May 31. It's a big move since the U.S. imports the bulk of its uranium fuel to power nuclear reactors that produce nuclear energy, with Russia supplying 24% of America's uranium. The ban will also free up $2.7 billion that would have otherwise gone toward imports. The U.S. government will spend the money to ramp ...
3 Mining Stocks to Buy to Unearth Precious Profits
Investor Place· 2024-05-31 10:21
Investors are increasingly looking for robust mining stocks to buy as we approach the second half of 2024. The recovery of the global economy has fueled demand for various metals, from precious metals like gold and silver to base metals like copper and nickel. This surge in demand and supply constraints has pushed prices higher, benefiting mining companies across the board. Meanwhile, the ongoing transition to clean energy has become a key tailwind in mining. Analysts point out how it has driven long-term d ...