TSE:CCO

Cameco Corporation (CCO.TO)

129.21
-4.80 (3.58%)
as of Sep 14, 2026, 2:34:57 pm Market Open.
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Investor Insights
star iconSep 14, 2026, 12:00 am

This summary was created by AI, based on 38 opinions in the last 12 months.

Cameco Corporation (CCO) has garnered a mix of reviews from experts, primarily centered on its long-term growth potential in the uranium sector amidst increasing global energy demands. Analysts point to the company's strong position as a low-cost uranium producer, especially as the world shifts towards nuclear energy for clean and reliable power. Current market volatility and a series of mixed results have prompted some analysts to recommend cautious trading strategies, looking for optimal entry points based on technical support levels. While many see potential in CCO, opinions diverge on its valuation, with some considering it overvalued in the current market environment. The consensus emphasizes a bullish outlook for uranium's role in future energy demands, particularly influenced by technological advancements and geopolitical factors affecting supply.

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Consensus
Bullish
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Valuation
Overvalued
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Similar
Uranium-1
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.
DON'T BUY
Has done so well over the last 5 years, but is selling uranium dramatically less than the $72 spot. Growth profile was completely aligned with Cigar Lake, which is now in question. Also buys uranium from Russia, which can be questionable. He is shorting this company.
DON'T BUY
Still a little upward momentum in uranium prices, perhaps $80-$100, but getting close to the end of its move. Valuation on this one is a little stretched. Denison (DML-T) is more unhedged going forward and would be his1st choice followed by Uranium Participation (U-T).
COMMENT
Sceptical on the optimists on Cigar Lake. This company had a similar flooding at MacArthur River 3 years ago. Thinks it will take a long time for them to figure out how to deal with this.
COMMENT
Nuclear related activities, including exploration and production of uranium, don’t meet his criteria. Feels that nuclear power has tremendous risks. How you dispose of nuclear waste is a long-term major problem. Very capital intensive and feels the private sector has no business being in.
Showing 781 to 795 of 1,110 entries