Cameco Corporation with ticker code (CCJ) now have 8 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 38.01 and 32.51 with a mean TP of 35. Now with the previous closing price of 21.02 this is indicating there is a potential upside of 66.5%. The 50 day moving average now sits at 23.88 and the 200 day moving average is 24.12. The company has a market cap of $8,693m. You can visit the company’s website by visiting: https://www.cameco.com
The potential market cap would be $14,475m 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.
