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 36.43 and 32.93 calculating the mean target price we have 35.17. Given that the stocks previous close was at 28.31 this now indicates there is a potential upside of 24.2%. The 50 day moving average now sits at 26.3 while the 200 day moving average is 24.92. The market capitalisation for the company is $11,800m. Visit the company website at: https://www.cameco.com
The potential market cap would be $14,660m 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.
