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
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.
BUY
Had to close a Saskatchewan project because of flooding and the stock had a big drop. This might have a short-term effect on the price of uranium. Produces 20% of the world's uranium and is the lowest cost producer.
WEAK BUY
Major project at Cigar Lake had an uncontrolled flooding situation, which results in all underground operations being flooded. Have more uranium than anyone else, as well as good interest in the Bruce Nuclear power plant and some gold. Good for a long-term hold, but you have to have a strong stomach.
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