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
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Valuation
Overvalued
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DON'T BUY
Have extended their start up for Cigar Lake to 2010, which he feels is optimistic. They buy a lot of refined uranium from the Russians and there is no guarantee those contracts will be cancelled.
PAST TOP PICK
(A Top Pick Dec 6/06. Up 3.7%.) Thinks it will go higher.
PAST TOP PICK
(A Top Pick May 3/06. No change.) Cigar Lake mine was flooded. Uranium prices are hedged and will be re-hedged at higher prices. Still a Buy.
DON'T BUY
Just announced their remedial plans for Cigar Lake. Market was neutral. Hoping to start is a production in 2010. Still no valuation on their reserves. A lot of uncertainties. Prefers others.
DON'T BUY
Uranium prices have had a tremendous move. There is still good demand, but stocks have moved pretty dramatically in response. Very expensive relative to its underlying earnings. Its fixed price contracts are beginning to roll off.
PAST TOP PICK
(A Top Pick March 27/06. Up 7.1 %.) Their big problem was the flood at their Cigar Lake property in Saskatchewan. Still likes.
COMMENT
With energy shortage globally, countries are being driven to invest in nuclear. The downside is that uranium has gone absolutely ballistic. This company is in the catbird’s seat. Has excellent long-term potential. FMV is quite a bit higher than the current price.
DON'T BUY
Looks like it is at least 2 years before the Cigar Lake mine can be fixed. Prefers the others that are beneficiaries instead of having the complications of this one.
DON'T BUY
Not a big fan. Cigar Lake is still in danger of being greatly delayed or unable to reach its potential. Stock is trending down.
DON'T BUY
Very keen on uranium as a commodity. He prefers Uranium Participation (U-T), which is a holding company and eliminates the exploration risk. Also likes Fronteer (FRG-T) and Aurora (AXU-T).
HOLD
The world's largest leading uranium company. Have problems with its major new mine, which is holding its back.
BUY
Very attractively priced. Strongly believes they will remediate the flooded Cigar Lake mine. Will be able to maintain lost production through other mines they have.
PAST TOP PICK
(A Top Pick Nov 21/06. Up 11.6%.) Still likes the company because he is positive on uranium, but nervous about Cigar Lake. Still likes.
BUY
Likes uranium and the uranium story. Thinks we will have to wait until the 2nd quarter to see what is going on. If Cigar Lake is toast, it will make uranium prices go up faster. If it isn't, and can be repaired, this will be good for this company.
COMMENT
Had to hedge their Cigar Lake bets. Into several joint ventures with smaller companies so the drilling and the risk is not with them.
Showing 766 to 780 of 1,099 entries