TSE:CCO

Cameco Corporation (CCO.TO)

121.40
-0.44 (0.36%)
as of Oct 2, 2026, 8:00:00 pm Market Open.
552 watching
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DON'T BUY
One of the troubles he has with this company is the lack of visibility. Uranium prices are starting to go back up again but there is a question on when Cigar Lake will be back running. Difficult to evaluate the company.
BUY
This is a real company. Denison (DML-T) looks like it will become a real company. The rest of them are all try-ons and are having problems.
BUY
Represent over 20% of the Uranium in the world. Have had some missteps, but they are worth having in your portfolio. They have some legency contracts which will be expiring in the next couple of years which will be re-newed at higher prices.
WEAK BUY
Awfully frustrating name over last couple of years. Very attractive at this price. Uranium prices seemed to have settled now. Lots of new nuclear facilities are being built. Think uranium prices will get better from here. Good upside.
PAST TOP PICK
Then 39.08 It's been a roller coaster ride. Have ongoing problems in Asia with their gold property. They've got a radio active clean up problem in Port Hope. They've got cigar lake water filtration problem in Saskatchewan. So the stock sold off. (Plus the spot uranium prices have peaked.) But... Uranium is a long story, not a short story. In the next decade the demand for Uranium is going to sky rocket. If you are holding a stock for the long run with reserves it will do well.
PAST TOP PICK
Then $44.26 down 1% Was hit by some bad news, he bet on a laggard. It's still a laggard. As a long term play still has possibilities, but it's risky right now.
TRADE
Contracts were sold at lower price which hurt them. They have had issues with their mines.
SELL
When you are in a market that is doing reasonably well and the positions you own are not participating, you should look elsewhere. In the last 6 or 7 weeks, there has been a very strong rebound in the equity markets and the stock is not participating.
TOP PICK
Uranium is trading around $80 and he thinks $75 is sustainable. Big users of uranium did a lot of their buying earlier in the year. Trading at around 1.2 NAV compared to its peers of 2. Just announced a very aggressive share buyback program. Own a big chunk of a gold company and wouldn't be surprised if they sold that.
DON'T BUY
He has no exposure to uranium. This one has pulled back a bit, but they have had a lot of problems. Their Cigar Lake will take a while to get back into production.
BUY
Expects the sell-off of uranium is now over. Stocks have started to move up. Would own the larger companies that are more liquid.
TOP PICK
British government is getting very close to turning on nuclear power stations. Thinks the pressure for uranium is back on.
DON'T BUY
Wouldn’t buy at today’s price. Like underlying commodity. Is expensive on a price-to-cash flow basis. Has had problems.
DON'T BUY
Uranium story is over for now and thinks uranium will settle out in the $40 to $50 range. Can't justify the current price of this stock.
BUY
Has a number of issues. Problems with their Cigar Lake mine, the price of uranium is falling, have some asset-backed paper on their books. However, they have more uranium in the ground than anybody. Actual demand for uranium will rise around 2011 and the world supply is not adequate enough to meet it.
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