TSE:CCO

Cameco Corporation (CCO.TO)

146.84
-4.89 (3.22%)
as of Jun 25, 2026, 8:00:00 pm Market Open.
545 watching
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Investor Insights
star iconJun 25, 2026, 12:00 am

This summary was created by AI, based on 42 opinions in the last 12 months.

Cameco Corporation (CCO-T) is positioned as a prominent player in the uranium sector, benefiting from renewed interest in nuclear power as energy prices rise. Many experts highlight the strong demand for uranium driven by a broader shift towards clean energy and an increasing need for reliable power sources in data centers. While the stock has experienced significant appreciation over recent months, experts express concerns about its high valuation relative to earnings projections, with several suggesting a wait for a pullback before adding new positions. A consensus emerges that although the long-term outlook remains positive and CCO represents a strong player in the market, recent price gains may warrant caution for short-term investors. Overall, the combination of supply constraints and geopolitical factors supports a bullish sentiment for CCO's future performance, albeit tempered by valuation concerns.

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Consensus
Bullish
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Valuation
Overvalued
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Similar
NXE
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.
DON'T BUY
Uranium has fallen along with oil. This company also has other problems. Their Cigar Lake is still having operational problems. In energy, he would prefer oil/gas where there are some very solid companies.
COMMENT
(Market Call Minute.) Getting close to a Buy range. Watch it on a technical basis. Good company.
COMMENT
Just coming into a phase where China is starting to ease. Doesn't think you can bring 3 billion people into a global economy and have oil prices stay at their current level. Thinks you will see uranium stocks come back again. It could take a few years.
BUY
“Go to” name if you want uranium exposure. Has its problems and downgraded its production earlier this year. Still don't know if Cigar Lake is a new leak or remedial problems from its earlier leak and no timeframe as to when it will come in. Very good cost base. Highly liquid and strong assets.
HOLD
Outlook is OK
BUY
If interested in uranium, this would be his choice. They struggled with the flooding at the Cigar Lake mine. Down 41%.
SELL
Uranium out of favour. Terrible production problems and Cigar Lake never seems to go away. A law allowing foreigners to own more uranium might be a catalyst but that could be a ways off. If he had it in his portfolio it would be a Sell.
COMMENT
Check to see if you should Sell and take a tax loss. He does not know the financials on this one. It will slow with uranium prices and with what happened at Cigar Lake.
DON'T BUY
(Market Call Minute.) Uranium has performed like the rest of energy. Stay away.
COMMENT
Great company with great output. Biggest problem is correction of the water problems at Cigar Lake. This hurts their potential production.
DON'T BUY
He is very enthusiastic on uranium longer-term. There are enough question marks on this company that he would prefer Uranium Participation (U-T).
DON'T BUY
Uranium fundamentals appear to be looking pretty good. Unfortunately, this company has one misstep after another. He just can't get comfortable with the earnings profile so it is not an attractive investment to him yet.
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