TSE:CCO

Cameco Corporation (CCO.TO)

150.05
-8.39 (5.30%)
as of Jun 5, 2026, 3:14:03 pm Market Open.
546 watching
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Investor Insights
star iconJun 5, 2026, 12:00 am

This summary was created by AI, based on 44 opinions in the last 12 months.

Cameco Corporation (CCO) has emerged as a leading player in the uranium sector, buoyed by the resurgence of demand for nuclear energy. Experts highlight the company's strong positioning as a low-cost uranium producer, benefiting from geopolitical factors like supply constraints due to the Ukraine-Russia conflict. Despite its robust growth prospects and increasing involvement in nuclear infrastructure through acquisitions like Westinghouse, there are widespread concerns regarding its high valuation, with many analysts suggesting caution at current price levels. The general sentiment leans towards viewing CCO’s potential as positive for a long-term investment, particularly as the global energy landscape shifts towards cleaner energy sources, yet indicates that a pullback may be prudent for investors. The company's strong fundamentals have been overshadowed by market volatility, leading to mixed opinions about the right time for entry into this stock.

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Consensus
Cautious
valuation icon
Valuation
Overvalued
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COMMENT
Likes uranium. This one could go up with uranium prices but he would play through the Uranium Participation (U-T), which is a direct play on uranium prices and is trading as if uranium was $28 a pound.
DON'T BUY
Likes the uranium commodity. Chinese growth plans for nuclear power plants include 40, 50 or higher. For longer plays on uranium he prefers Uranium Participation (U-T). This company has had mine troubles at Cigar Lake.
BUY
Started going down ahead of the other resource stocks. China, India and Finland are going to be building new nuclear power plants. Demand should grow gradually over the next 5 10 years.
HOLD
Market has been waiting for ever for an announcement on Cigar Lake. There is a sense in the market that they might even put it on hold. #1 uranium producer globally. Uranium will get going again at some point.
BUY
(Market Call Minute.) Buy it but use pretty rigid risk management. A one-asset company. Best thing in uranium in Canada but there are always risks to a one-mine company.
PAST TOP PICK
(A Top Pick Feb 4/08. Down 37.2%.)
COMMENT
Best of the uranium companies. Watching. Uranium had a big run on speculation that a lot of nuclear plants would be built, but timing was ahead of itself. Nuclear plants take a long time to get approved and built. Has an ongoing problem with flooding in Cigar Lake mine. With a 3 to 5 year view this would be a good one to own.
SELL
(Market Call Minute.) Wouldn't be a holder of this one right now.
COMMENT
Uranium is holding in around the $51 level. Have had a number of production issues.
PAST TOP PICK
(A Top Pick Jan 2/08. Down 47.8%.) 38 nuclear power plants are being constructed globally with 34 in the US. Longer-term story for uranium is great. Largest producer. Also has ownership in Bruce Power Plant and other assets. Will be substantially higher in long-term growth. Buy.
BUY
(Market Call Minute.) Uranium prices seemed to have stabilized and gone up. Seemed to have sorted out their problems other than Cigar Lake. Nuclear energy is here to stay.
BUY
(Market Call Minute.) Now has a technical breakout here, which could carry further. No shortage of demand for uranium.
TOP PICK
Very bullish on uranium. This company supplies about 20% of the worlds’ mine supply. Trading at about 13X PE. The Cigar Lake disaster has been discounted.
BUY
Own 38.1% of Bruce Nuclear and 48% of Ventura Gold (VGO-X). Recently began buying. Uranium pricing seems to be firming up. This is probably the best way to get uranium exposure.
COMMENT
Generally likes the uranium space. Prefers Paladin Resources (PDN-T), a higher growth/low-cost way to play. This is kind of the monster of the group and will probably move first.
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