Profile
Sector:
EnergyIndustry:
UraniumCountry:
CanadaIPO:
14 March 1996Website:
http://www.cameco.comNext earnings report:
N/ALast dividends:
29 November 2023Next dividends:
N/APrice
pre-market | 7 min agoAnalysts recommendations
Institutional Ownership
CCJ Latest News
Google became the latest tech giant and cloud service provider to sign agreements to procure power generated by nuclear reactors in October, and that's good news for the industry at large.
Cameco (CCJ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Cameco (CCJ) reachead $54.77 at the closing of the latest trading day, reflecting a -0.73% change compared to its last close.
The nuclear power utilities have really heated up as some tech titans turned to small nuclear reactors to help fuel their AI data centers of the future.
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's stock has surged 25% YTD, outperforming the Global X Uranium ETF's 14% rise, driven by improved Q2 2024 financials and stabilizing uranium prices. However, in the short-term there are risks ahead, including potential earnings contraction and high forward P/E ratio. But medium-to-long-term prospects are strong with expected EPS growth and favourable uranium price projections.
DESIGNATED NEWS RELEASE VANCOUVER, 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: The acquired royalty is a net profit interest (NPI) of 10% on an approximate 20.6955% participating interest in the Projects.
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.
Popular renewable energy sources just aren't growing fast enough for the world to reach its current carbon-reduction goals.
Cameco looks poised to ride the wave in nuclear energy.
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?
Next earnings report date is not announced yet