Cameco Corporation which can be found using ticker (CCJ) have now 6 market analysts covering the stock. The analyst consensus now points to a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 37.76 and 32.8 calculating the mean target price we have $35.55. Given that the stocks previous close was at $26.20 this would imply there is now a potential upside of 35.7%. There is a 50 day moving average of $26.50 and the 200 moving average now moves to $25.18. The market capitalization for the company is $11,292m. Visit the company website at: https://www.cameco.com
The potential market cap would be $15,322m based on the market consensus.
Cameco Corporation provides uranium for the generation of electricity. It operates through two segments, Uranium and Fuel Services. The Uranium segment is involved in the exploration for, mining, and milling, 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 and assemblies, and zirconium-based reactor components for CANDU reactors. The company offers nuclear fuel processing services. It 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.
The company has a dividend yield of 0.34% with the ex dividend date set at 29-11-2022 (DMY).
Other points of data to note are a P/E ratio of 162.75, revenue per share of 4.61 and a 1.59% return on assets.
