CamecoNYSE: CCJ

Cameco may see multiple years of over 30% earnings growth driven by the Nuclear energy re-birth. Supply contract terms support higher realized uranium prices and margin expansion. The Westinghouse acquisition integrates Cameco into the nuclear power plant design, construction, and service sector.

The latest trading day saw Cameco (CCJ) settling at $50.49, representing a +0.9% change from its previous close.

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NuScale Power has an interesting idea to build small-scale modular nuclear reactors, but it is still years away from that goal. Cameco is a mining company, providing nuclear power companies with the fuel they need.

SASKATOON, Saskatchewan--(BUSINESS WIRE)--Saskatchewan Power Corporation (SaskPower), Westinghouse Electric Company (Westinghouse) and Cameco Corporation (Cameco) (TSX: CCO; NYSE: CCJ) have signed a memorandum of understanding (MOU) to evaluate the potential of Westinghouse's nuclear reactor technology and the associated nuclear fuel supply chain required for Saskatchewan's future clean power needs. The MOU will explore technical and commercial pathways to deploy Westinghouse's reactor technolo.

SASKATOON, Saskatchewan--(BUSINESS WIRE)---- $CCJ #cameco--Saskatchewan Power Corporation (SaskPower), Westinghouse Electric Company (Westinghouse) and Cameco Corporation (Cameco) (TSX: CCO; NYSE: CCJ) have signed a memorandum of understanding (MOU) to evaluate the potential of Westinghouse's nuclear reactor technology and the associated nuclear fuel supply chain required for Saskatchewan's future clean power needs. The MOU will explore technical and commercial pathways to deploy Westinghouse's reactor technolo.

Cameco (CCJ) concluded the recent trading session at $52.92, signifying a +0.92% move from its prior day's close.

Uranium prices peaked over $100 a pound -- but that was back in February. Today, uranium prices are closer to $85 a pound.

Cameco reported lower revenue and a big net loss for its first quarter. Investors, however, expect Cameco's fortunes to turn around once the government bans uranium imports from Russia.