TSE:CCO

Cameco Corporation (CCO.TO)

129.73
-4.28 (3.19%)
as of Sep 14, 2026, 8:00:00 pm Market Open.
548 watching
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Investor Insights
star iconSep 14, 2026, 12:00 am

This summary was created by AI, based on 38 opinions in the last 12 months.

Cameco Corporation (CCO) has garnered a mix of reviews from experts, primarily centered on its long-term growth potential in the uranium sector amidst increasing global energy demands. Analysts point to the company's strong position as a low-cost uranium producer, especially as the world shifts towards nuclear energy for clean and reliable power. Current market volatility and a series of mixed results have prompted some analysts to recommend cautious trading strategies, looking for optimal entry points based on technical support levels. While many see potential in CCO, opinions diverge on its valuation, with some considering it overvalued in the current market environment. The consensus emphasizes a bullish outlook for uranium's role in future energy demands, particularly influenced by technological advancements and geopolitical factors affecting supply.

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Consensus
Bullish
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Valuation
Overvalued
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Similar
Uranium-1
COMMENT
Very sensitive to uranium prices, which have basically been flat for the last few months. There are lots of fundamental reasons to believe that uranium prices will start to move higher before the end of this year. The chart on this company shows it forming a base pattern. Watch for the stock to stay above its 20 day moving average, which it probably is right now. Also watch how it is performing relative to the TSE composite.
COMMENT
Cameco (CCO-T) or Uranium Participation (U-T)? These are different animals. He prefers Uranium One (UUU-T) because you don't have the production, you are just buying the uranium itself. With this one, you are going to get the leverage but the safe play right now would be Uranium Participation.
WAIT
Energy group as a whole has been out of favour but uranium stocks went out long before the gas or oil producers. Stock has rallied off the lows and into the low $20’s so there are some positive trends in place. He would prefer to see it trade through $24 first in order to confirm the uptrend.
WAIT
You have to be positive on uranium to Buy this. Doesn’t know that uranium prices will do all that much in the next year or two. She has a positive view on uranium longer term because of emerging market power needs. (Prefers Uranium Participation (U-T)).
BUY
Likes this and it has some fairly good relative strength compared to other commodities. The fall in 2011 was very significant where it dropped from $30 to below $18. Now starting to see it carry up. It is above the moving averages and even probably use the 200 day moving average as a Stop. Current 200 day moving average is $21.05, which would be a good place to get out. Will probably stall around $25 and if it can break through that there is some resistance around $28 mark.
BUY
Great company and the market they faced has been pretty messy. There is still secondary uranium coming out of the weapons area. Germany should have a hard look at what they did. As good a time as any to get in.
WATCH
Uranium sector is a pretty good sector right now. We need energy in this world and nuclear power is definitely part of the equation. This is one of the leaders in the field. Too pricey for Benj but if you are looking in this sector it is a mighty good pick. He sees the logic here.
DON'T BUY
Uranium is out of favour. There is always a political element overriding the supply/demand fundamentals. Not sure which way it is going to go.
WAIT
Uranium: Doesn’t own any Uranium except one junior. He exited seniors a couple of years ago and has not come back. Wait and see if you get any price movement.
BUY ON WEAKNESS
Stick with it. A premier uranium company and largest manufacturer of uranium in the world. Deposits are second to none. They are vertically integrated. China is committed to build 60 nuclear plants. An attractive entry point.
TOP PICK
One of the top uranium companies globally. With the Chinese, Indian and emerging market nuclear program there is going to be at risk that we don't have enough, not too much. Positioned for some real long-term gains.
HOLD
Japanese are desperately trying to get 2 nuclear power plants on stream as they don't want to see energy shortages this summer. Chinese are commissioning a few new plants and planning for quite a few more. Uranium at around $50 is probably bottoming out.
COMMENT
This is the bellwether in the uranium industry. Uranium prices have bottomed and seemed to be percolating up. This company probably won't get the full benefit as they still have to sell stuff that they hadn't sold previously. There is starting to be a building trend with regards to earnings. With natural gas at $2, it is dislocating a lot of things. Nuclear power may be displaced if natural gas prices stay low.
BUY
Fundamentally and technically it looks good. Chart shows a very long decline during 2011 followed by a nice upward move up to the mid-$20. Has pulled back and is starting to show some support. Today's action is very encouraging. As a trader in looks very good as you can Buy it now. Put a Stop on it but he is looking for $25.
PAST TOP PICK
(A Top Pick March 17/11. Down 22.1%.) Got stopped out at $25.30. Longer-term, the need for uranium will be continuing.
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