Cameco Corporation found using ticker (CCJ) now have 8 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 38.2 and 32.68 with the average target price sitting at 35.19. With the stocks previous close at 23.46 this indicates there is a potential upside of 50.0%. The day 50 moving average is 26.85 and the 200 day MA is 23.5. The market capitalisation for the company is $9,617m. You can visit the company’s website by visiting: https://www.cameco.com
The potential market cap would be $14,425m 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.
