Is Cameco a good investment?
CCJ has a D grade for Value. This is justified, given its higher-than-industry valuation ratios. CCJ’s 31.47% trailing-12-month gross profit margin is 22.9% lower than the 40.81% industry average, in sync with its Quality grade. Of the 39 stocks in the D-rated Industrial – Metals group, CCJ is ranked #25.
Is Cameco a mining company?
Cameco Corporation (formerly Canadian Mining and Energy Corporation) is the world’s largest publicly traded uranium company, based in Saskatoon, Saskatchewan, Canada.
What does Cameco Corporation do?
Cameco is one of the largest global providers of the fuel needed to energize a clean-air world. Our tier-one operations have the licensed capacity to produce more than 53 million pounds (100% basis) of uranium concentrates annually, backed by 455 million pounds of proven and probable mineral reserves (our share).
What does Cameco produce?
Cameco is one of the world’s largest providers of the uranium needed to generate clean, reliable baseload electricity around the globe. Our tier-one operations in Canada and Kazakhstan have the licensed capacity to produce more than 53 million pounds (100% basis) each year.
Is Cameco a buy now?
Cameco has received a consensus rating of Buy. The company’s average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.
Is Cameco a buy?
Who owns Cameco Corporation?
Cameco is created by the merger of two Crown corporations—Saskatchewan Mining Development Corporation and Eldorado Nuclear Limited.
Who is the largest uranium producer?
Kazakhstan
World Uranium Mining Production
| tonnes U | percentage of world | |
|---|---|---|
| Australia | 1,692,700 | 28% |
| Kazakhstan | 906,800 | 15% |
| Canada | 564,900 | 9% |
| Russia | 486,000 | 8% |
Is CCJ overvalued?
The stock of Cameco (NYSE:CCJ, 30-year Financials) is estimated to be significantly overvalued, according to GuruFocus Value calculation. At its current price of $21.42 per share and the market cap of $8.5 billion, Cameco stock is estimated to be significantly overvalued.
Why is Cameco down?
Cameco (TSX: CCO; NYSE: CCJ) announced today that due to continued uranium price weakness, production from the McArthur River mining and Key Lake milling operations in northern Saskatchewan will be temporarily suspended by the end of January 2018 and that the company’s annual dividend will be reduced to $0.08 per …
Is CCO stock a good buy?
The financial health and growth prospects of CCO, demonstrate its potential to underperform the market. It currently has a Growth Score of C. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of D.
What is the price of uranium today?
$ 4.34
| Close | Chg | Chg % |
|---|---|---|
| $4.32 | -0.05 | -1.14% |