TSE:CCO

Cameco Corporation (CCO.TO)

127.69
-1.18 (0.92%)
as of Jul 15, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJul 15, 2026, 12:00 am

This summary was created by AI, based on 41 opinions in the last 12 months.

Cameco Corporation (CCO) has garnered a mixture of optimistic and cautious sentiment among experts in recent reviews. Overall, the company is perceived as a strong player in the uranium sector, thanks in large part to its status as the largest low-cost producer of uranium, with increasing demand from the nuclear power sector and the looming energy needs driven by the AI infrastructure buildout. Despite recent volatility and profit-taking in the stock price, many analysts express confidence in its long-term growth trajectory, suggesting that it has significant potential for appreciation. However, a consensus on valuation reveals concerns, with several experts claiming that its current price is quite elevated relative to its earnings projections. For investors looking to participate in this promising sector, careful timing and a focus on long-term fundamentals appear essential.

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Consensus
Cautious
valuation icon
Valuation
Overvalued
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COMMENT
Flooding of their Cigar Lake mine created a sell off which was where he bought the stock. The assets are still there in spite of the flood. Demand for uranium will continue to grow.
DON'T BUY
Priced for perfection with a multiple of around 38 X earnings. Very expensive stock.
BUY
Fall off occurred with the flooding of their Cigar Lake mine. Also own a nuclear power plant in Ontario. Also has some gold. The biggest most liquid play on uranium with the longest life reserves. Good price.
HOLD
A lot of their uranium has been hedged. Earnings are acting well. Increased their dividends quite nicely. Fairly expensive on a multiple basis. Had a disaster at their Cigar Lake mine. Will probably move sideways for a while.
TOP PICK
Been a laggard and has just gone through the bear and some bad news at the end of the bear. Right now the stock is just counting all the bad news.
BUY
Getting up to about 8 X Book Value, which is not cheap. Trading near his Fair Market Value. The strength is the very powerful possibilities that China is swinging very powerfully towards nuclear energy. Speculative.
DON'T BUY
Some mining people are questioning if the Cigar Lake mine is salvageable. If so, it could take a long time before recovery.
BUY
If you are a long-term investor, this is a buy. Uranium she continues going up.
TOP PICK
Suffered a major disaster at their Cigar Lake mine. Have started surface drilling to correct the problem. In the meantime, uranium prices keep going up and they have a lot of it. You will have to be patient.
HOLD
Major flooding in their Cigar Lake mine. Uranium is going up, and this is the single best play on the planet. What you have lost in production has been made up for with the commodity going up.
BUY
In the penalty box because of the flooding of its Cigar Lake mine. This puts a question mark on the company. Was trading around $44 at the time. Value of the mine was about $6, so the market has literally wiped it out. A phenomenally low cost mine, so expect management will try every way to remedy the problem. Would buy half now and see what happens.
DON'T BUY
Fundamentals are much weaker than most of the materials sector. Able to outperform the market if you are prepared to look out 12-18 months. A weak sister in the sector.
BUY
Severe flooding at their Cigar Lake mine. Although they are getting hit, the price of uranium continues to rise. Good price.
DON'T BUY
The flooded mine is a disaster for them. Company feels it might be able to get back in production after a two-year delay. A very complicated mine to develop.
TOP PICK
Likes uranium. It's supply constrained, and there is no available product to come from anywhere else. Have a fabulous cost structure. All you need is a $5 increase in the price of uranium, and you've offset the damage of Cigar Lake.
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