Cameco Stock News

Stock in uranium miner Cameco is falling Friday, after Russia shelled a nuclear power plant in Ukraine.

Vancouver, British Columbia--(Newsfile Corp. - March 1, 2022) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or "the Company") is pleased to announce that it has commenced drilling at the Highrock Uranium Project (Figure 1). Forum is the Operator of the drill program under option to and funded by Sassy Resources Corporation (see News Release dated January 6, 2022). The property is located just south and on trend of Cameco''s Key Lake …

Cameco Corporation found using ticker (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 32.44 and 23.52 with the average target price sitting at 28.68. Now with the previous closing price of 22.81 this is indicating there is a potential upside of 25.7%. There is a 50 day moving average of 21.53 and the 200 day MA is 21.28. The market capitalisation for the company is $9,790m. Visit the company website at: https://www.cameco.com [stock_market_widget type="chart" template="basic" color="green" assets=CCJ" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $12,309m 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.

Someone with a lot of money to spend has taken a bearish stance on Cameco (NYSE: CCJ ). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don''t know. But when something this big happens with CCJ, it often means somebody knows something is about to happen. So how do we know what this whale just did? Today, Benzinga ''s options scanner spotted 23 uncommon options trades for Cameco. This isn''t normal. The overall sentiment of these big-money traders is split between 43% bullish and 56%, bearish. Out of all of the special options we uncovered, … Full story available on Benzinga.com

Uranium Stocks Surge After Swedish Utility Giant Suspends Deliveries Of Russian Uranium And Nuclear Fuel The uranium sector got an unexpected boost today when Swedish state-owned utility Vattenfall announced it will cease taking any deliveries of nuclear fuel from Russia for its nuclear power plants following Russia’s invasion of Ukraine. The company on Thursday said it has decided to stop planned deliveries and to not place any new orders from Russia until further notice. Vattenfall added the operation of its nuclear power stations will not be affected as its procurement strategy is to have multiple suppliers from different countries. From the press release : We are deeply concerned by the serious security situation in Europe and Russia’s invasion of Ukraine. We have therefore decided that no planned deliveries from Russia to our nuclear power plants will take place until further notice. We will also not place any new orders from Russia to our nuclear power plants until further notice.

Nuclear power is looking like a more attractive alternative to relying on natural gas from Russia right now.

Nuclear power is looking like a more attractive alternative to relying on natural gas from Russia right now.

Benzinga ''s options scanner just detected over 11 options trades for Cameco (NYSE: CCJ ) summing a total amount of $3,338,439. At the same time, our algo caught 3 for a total amount of 2,027,850. What''s The Price Target? Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $18.0 to $25.0 for Cameco over the last 3 months. Volume & Open Interest Development Looking at the volume and open interest is an insightful way to conduct due diligence … Full story available on Benzinga.com

Nuclear power is looking like a more attractive alternative to relying on natural gas from Russia right now.

Cameco Corporation found using ticker (CCJ) have now 8 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 32.3 and 23.51 calculating the mean target price we have 28.64. Now with the previous closing price of 21.04 this now indicates there is a potential upside of 36.1%. The day 50 moving average is 21.55 and the 200 day MA is 21.24. The market capitalisation for the company is $8,095m. Find out more information at: https://www.cameco.com [stock_market_widget type="chart" template="basic" color="green" assets=CCJ" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $11,019m 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.

SASKATOON, Saskatchewan--(BUSINESS WIRE)---- $CCJ--Cameco (TSX: CCO; NYSE: CCJ) will issue its first quarter results before markets open on Thursday, May 5, 2022. Cameco invites investors and the medi

Today, the Canadian Nuclear Safety Commission (CNSC) announced the Commission’s decision to renew the Class IB nuclear fuel facility licence held by

Canada’s Cameco Corp. is restarting its massive McArthur River uranium mine