Cameco Corporation with ticker code (CCJ) now have 6 analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The target price ranges between 36.24 and 30.82 and has a mean target at 34. With the stocks previous close at 27.63 this would indicate that there is a potential upside of 23.1%. The 50 day moving average now sits at 23.79 and the 200 moving average now moves to 24.66. The market cap for the company is $12,028m. Visit the company website at: https://www.cameco.com
The potential market cap would be $14,801m based on the market concensus.
Cameco Corporation produces and sells uranium. It operates through two segments, Uranium and Fuel Services. The Uranium segment is involved in the exploration for, mining, and milling, as well as 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 fuel bundles or reactor components for CANDU reactors. The company 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.
