Cameco Corporation with ticker code (CCJ) have now 8 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 31.76 and 18.36 and has a mean target at 26.39. With the stocks previous close at 19.04 this would imply there is a potential upside of 38.6%. There is a 50 day moving average of 22.54 and the 200 day moving average is 20.95. The company has a market capitalisation of $7,751m. You can visit the company’s website by visiting: https://www.cameco.com
The potential market cap would be $10,743m based on the market concensus.
Cameco Corporation produces and sells uranium. It operates in 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.
