Profile
Sector:
EnergyIndustry:
UraniumCountry:
CanadaIPO:
14 March 1996Website:
http://www.cameco.comNext earnings report:
07 February 2025Last dividends:
29 November 2023Next dividends:
27 November 2024Price
after hours | Sat, 23 Nov 2024 00:59:29 GMTAnalysts recommendations
Institutional Ownership
CCJ Latest News
Think It's Too Late to Buy Cameco? Here's the Biggest Reason Why There's Still Time.
The final trades of the day with the Fast Money traders.
Cameco shares have risen despite incurring a third-quarter loss. Let us analyze what stance investors should take on the stock.
SASKATOON, Saskatchewan--(BUSINESS WIRE)--Cameco (TSX: CCO; NYSE: CCJ) reported today that it filed a technical report for the Inkai operation on a voluntary basis under National Instrument 43-101 – Standards of Disclosure of Mineral Projects (“NI 43-101”). The technical report is being filed to provide updated information relating to the Inkai operation and not as a result of a requirement under NI 43-101. The technical report has been posted on our website and SEDAR+ at www.sedarplus.ca and o.
Cameco Corporation reported a non-GAAP EPS of -$0.01 and substantial revenue of $721M, up ~25% YoY, with a positive financial outlook and increased dividend. Operational improvements and the reopening of the McArthur River/Key Lake mine boosted the 2024 production outlook despite supply issues in Kazakhstan. The uranium market is supply side-driven; Cameco's long-term contracts and potential supply disruptions in Kazakhstan could keep uranium prices high, improving CCJ's income years from now.
Cameco Corporation (NYSE:CCJ ) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Tim Gitzel - President, Chief Executive Officer Grant Isaac - Executive VP, Chief Financial Officer Heidi Shockey - Senior VP, Deputy Chief Financial Officer Rachelle Girard - Senior VP, Chief Corporate Officer Cory Kos - Vice President, Investor Relations Conference Call Participants Ralph Profiti - Eight Capital Adam Wijaya - Goldman Sachs Andrew Wong - RBC Capital Markets Alexander Pearce - BMO Capital Markets Lawson Winder - Bank of America Securities Craig Hutchison - TD Cowen Mohamed Sidibé - National Bank Financial Bryce Adams - CIBC Brian MacArthur - Raymond James Gordon Johnson - GLJ Research Operator Thank you for standing by. This is the conference operator.
Big tech's impact on nuclear power stocks has been almost palpable. And while artificial intelligence (AI) data center demands could act as a boon for nuclear power producers and uranium miners for some time, I'd argue that the reason to own nuclear power stocks extends well beyond the AI boom.
SASKATOON, Saskatchewan--(BUSINESS WIRE)---- $CCJ #cameco--Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the third quarter ended September 30, 2024, in accordance with International Financial Reporting Standards (IFRS). “Our third quarter operational performance was strong across all segments, supporting our return to a tier-one cost structure,” said Tim Gitzel, Cameco's president and CEO. “Looking past quarterly earnings, which can vary significantly, there is.
Cameco stock probably costs too much -- but it's hard to argue with this growth story.
Cameco's Q3 results are likely to reflect the impacts of higher uranium prices and sales volumes. Let us analyze how investors should play the IDR stock now.
What type of business is Cameco?
Cameco Corporation provides uranium for the generation of electricity. It operates through Uranium, Fuel Services, Westinghouse segments. The Uranium segment is involved in the exploration for, mining, and milling, purchase, and sale of uranium concentrate. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services. This segment also produces CANDU reactor fuel bundles and other reactor components. The company offers nuclear fuel processing services. The Westinghouse segment engages in the manufacture of nuclear reactor technology original equipment. This segment provides products and services to commercial utilities and government agencies; and outage and maintenance services, engineering support, instrumentation and controls equipment, plant modification, and components and parts to nuclear reactors. It sells its uranium and fuel services to nuclear utilities in the Americas, Europe, and Asia. Cameco Corporation was incorporated in 1987 and is headquartered in Saskatoon, Canada.
What sector is Cameco in?
Cameco is in the Energy sector
What industry is Cameco in?
Cameco is in the Uranium industry
What country is Cameco from?
Cameco is headquartered in Canada
When did Cameco go public?
Cameco initial public offering (IPO) was on 14 March 1996
What is Cameco website?
https://www.cameco.com
Is Cameco in the S&P 500?
No, Cameco is not included in the S&P 500 index
Is Cameco in the NASDAQ 100?
No, Cameco is not included in the NASDAQ 100 index
Is Cameco in the Dow Jones?
No, Cameco is not included in the Dow Jones index
When was Cameco the previous earnings report?
No data
When does Cameco earnings report?
The next expected earnings date for Cameco is 07 February 2025