Cameco Corporation found using ticker (CCJ) have now 8 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 36.89 and 28.91 and has a mean target at 33.6. Given that the stocks previous close was at 22.39 this would indicate that there is a potential upside of 50.1%. The day 50 moving average is 22.94 and the 200 day moving average is 24.14. The company has a market capitalisation of $9,020m. Company Website: https://www.cameco.com
The potential market cap would be $13,536m 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.
