Cameco Corporation found using ticker (CCJ) have now 8 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 35.34 and 28.75 with a mean TP of 32.38. Now with the previous closing price of 25.29 this would indicate that there is a potential upside of 28.0%. There is a 50 day moving average of 26.26 and the 200 moving average now moves to 24.5. The market cap for the company is $10,094m. Company Website: https://www.cameco.com
The potential market cap would be $12,924m 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.
