TSE:CCO

Cameco Corporation (CCO.TO)

146.84
-4.89 (3.22%)
as of Jun 25, 2026, 8:00:00 pm Market Open.
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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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NXE
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.
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.
Showing 766 to 780 of 1,102 entries