TSE:CCO

Cameco Corporation (CCO.TO)

150.05
-8.39 (5.30%)
as of Jun 5, 2026, 3:14:03 pm Market Open.
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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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DON'T BUY
Caller asked for company which did Uranium enrichment. He suggests Cameco, as it pulls it out of the ground and does the enrichment. But he doesn't recommend buying Uranium stocks right now.
DON'T BUY
The only way to play large cap uranium, but it's very expensive. Trading at 40 times earnings. Too much positive anticipation when they really not going to realize the extent of the spot price. Buy at the 25 times earnings range.
DON'T BUY
Uranium stocks have been on fire. Likes the long-term outlook for uranium. At the spot price of $125, this company is only realizing about $20 because of their long-term contracts. Trading at over 50 X multiple of earnings.
TOP PICK
Largest and lowest cost producer in the world. Operates the largest mine in the world. Face some legacy issues in terms of many of their older contracts that they have to sell to what into at reduced prices. Top-notch technical team. They will bring Cigar Lake into production in 2010-2011.
HOLD
If you are a long-term investor, stay with this one. If uranium prices continue to do what they do, and once they get their affairs back in shape, it will be a dandy long-term bet.
DON'T BUY
Their growth profile in uranium was based on Cigar Lake and its loss should not be underestimated. Continuing to make acquisitions of small exploration companies. Profitability curve is capped out..
HOLD
Just recently a gorgeous breakout. Sensitive to what is happening in uranium prices. The stock is in gear, stick with it for now.
DON'T BUY
Feels all the uranium stocks he looks at our priced for perfection. They all could have fairly substantial downside if an accident where to happen.
DON'T BUY
Recently had flooding in their Cigar Lake mine. The question is, when and if they can get it running. Would prefer Denison (DML-T) or Paladin (PDN-T).
PAST TOP PICK
(A Top Pick May 3/06. Up 13%.) Still likes.
DON'T BUY
Now getting caught up with the uranium euphoria. Still ahead of itself.
DON'T BUY
The significance of Cigar Lake cannot be underscored. Expects the repair will take longer than the estimated 3 years. They buy a lot of uranium from the Russian government, who he doesn't trust.
PAST TOP PICK
(A Top Pick Nov 21/06. Up 38.7%.) Development costs of Cigar Lake are significant, but lifting costs from their come of uranium, are only $10 a pound. $100 uranium is not sustainable, but this company makes money on $40-$50 uranium.
BUY
A Catch-22 situation. Have had flooding at Cigar Lake. This is actually helped it by forcing uranium prices up. They think they can get it back on in 2010. If you like exposure to uranium, this is a core holding.
TOP PICK
Street doesn't like it with its hedging of $30. Over time, these hedges will roll off. When that happens, there will be a huge uplift in earnings and cash flow. Treat it as a 3 year investment. Largest producer of uranium and the lowest-cost in the world.
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