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Cameco Corporation

CCO-T

TSE:CCO

28.61
1.86 (6.10%)
Cameco Corporation is the world's largest publicly traded uranium company, based in Saskatoon, Saskatchewan. In 2015, it was the world's second largest uranium producer, accounting for 18% of world production.
More at Wikipedia

Analysis and Opinions about CCO-T

Signal
Opinion
Expert
Chart
BUY
BUY
September 15, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company is debt free with around $200M in cash. The uranium price changes the company’s outlook. Cashflow is recovering nicely. The price could run some more off of supply and demand. Unlock Premium - Try 5i Free

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Cameco Corporation (CCO-T)
September 15, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company is debt free with around $200M in cash. The uranium price changes the company’s outlook. Cashflow is recovering nicely. The price could run some more off of supply and demand. Unlock Premium - Try 5i Free

DON'T BUY
DON'T BUY
September 7, 2021
Why has this jumped in the past week? Reason: Sprott Uranium Physical Trust (U.UN-T which he owns) which buys spot uranium which Sprott recently took over and recently raised $300 million in an at-the-market offering in order to buy spot uranium. This is an illiquid market, so spot uranium is a self-fulfilling price move. Utilities will get caught short on this move. He doesn't like Cameco because it's expensive, volatile with spotty earnings. Balance sheet is fine, but missed its last quarter. The stock has moved up with the price of spot uranium. Watch the uranium move, which is in its early days, but he prefers U.UN itself.
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Cameco Corporation (CCO-T)
September 7, 2021
Why has this jumped in the past week? Reason: Sprott Uranium Physical Trust (U.UN-T which he owns) which buys spot uranium which Sprott recently took over and recently raised $300 million in an at-the-market offering in order to buy spot uranium. This is an illiquid market, so spot uranium is a self-fulfilling price move. Utilities will get caught short on this move. He doesn't like Cameco because it's expensive, volatile with spotty earnings. Balance sheet is fine, but missed its last quarter. The stock has moved up with the price of spot uranium. Watch the uranium move, which is in its early days, but he prefers U.UN itself.
Jason Mann
Price
$28.760
Owned
No
BUY
BUY
September 3, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company has seen some broker upgrades recently. Uranium prices have rallied and this has pushed the stock price up as well. Uranium futures hit six-year highs on September 1. Unlock Premium - Try 5i Free

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Cameco Corporation (CCO-T)
September 3, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company has seen some broker upgrades recently. Uranium prices have rallied and this has pushed the stock price up as well. Uranium futures hit six-year highs on September 1. Unlock Premium - Try 5i Free

BUY WEAKNESS
BUY WEAKNESS
August 30, 2021
He is looking to add to it on weakness. We have to go back to nuclear. China is building new plants and India is beginning in their schedule. This is a five to ten year investment.
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He is looking to add to it on weakness. We have to go back to nuclear. China is building new plants and India is beginning in their schedule. This is a five to ten year investment.
Bruce Murray
Price
$22.660
Owned
Yes
TOP PICK
TOP PICK
July 23, 2021
One of the largest uranium producer in the world. As the world decarbonizes, nuclear power will come to the forefront as a high quality alternative. The smart environmentalists are embracing it. There are a number of new reactors being built that will increase demand. (Analysts’ price target is $23.42)
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One of the largest uranium producer in the world. As the world decarbonizes, nuclear power will come to the forefront as a high quality alternative. The smart environmentalists are embracing it. There are a number of new reactors being built that will increase demand. (Analysts’ price target is $23.42)
Norman Levine
Price
$21.580
Owned
Yes
BUY
BUY
July 9, 2021
Largest uranium play in the world. A patience play where some times the stock does not do well, and others it does very well. Recently hit new highs. There is a long term transition away from fossil fuels to alternative energy. Nuclear will be an option. Outlook is favourable.
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Largest uranium play in the world. A patience play where some times the stock does not do well, and others it does very well. Recently hit new highs. There is a long term transition away from fossil fuels to alternative energy. Nuclear will be an option. Outlook is favourable.
Andrew Pyle
Price
$22.950
Owned
No
DON'T BUY
DON'T BUY
April 21, 2021
Has always been wary. Price of uranium is not only based on supply/demand, but also politics. Cigar Lake has had its problems. Stock looks expensive. He wouldn't participate, but others are true believers in nuclear energy.
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Has always been wary. Price of uranium is not only based on supply/demand, but also politics. Cigar Lake has had its problems. Stock looks expensive. He wouldn't participate, but others are true believers in nuclear energy.
Michael Sprung
Price
$20.610
Owned
No
DON'T BUY
DON'T BUY
April 15, 2021
Many countries are decreasing their uranium footprint. Uranium prices have been slow to recover. Severe consequences of accidents offset any clean energy benefits. She prefers solar, wind, hydro.
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Many countries are decreasing their uranium footprint. Uranium prices have been slow to recover. Severe consequences of accidents offset any clean energy benefits. She prefers solar, wind, hydro.
TOP PICK
TOP PICK
February 8, 2021
We are moving into a period when there has been very little new uranium mines and contracts are coming up for renewal. There are 55 reactors under construction around the world. Eventually supply constraints will catch up. (Analysts’ price target is $186.67)
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Cameco Corporation (CCO-T)
February 8, 2021
We are moving into a period when there has been very little new uranium mines and contracts are coming up for renewal. There are 55 reactors under construction around the world. Eventually supply constraints will catch up. (Analysts’ price target is $186.67)
Jamie Murray
Price
$18.780
Owned
Yes
DON'T BUY
DON'T BUY
February 1, 2021

You don't get new production coming in until $50-60 a lb for the commodity. The valuation for CCO-T is a little rich, though. He would rather play U-T to play the commodity directly. He likes Uranium but would take U-T over CCO-T.

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Cameco Corporation (CCO-T)
February 1, 2021

You don't get new production coming in until $50-60 a lb for the commodity. The valuation for CCO-T is a little rich, though. He would rather play U-T to play the commodity directly. He likes Uranium but would take U-T over CCO-T.

John Zechner
Price
$18.970
Owned
Unknown
HOLD
HOLD
January 15, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Raymond James raised its target from $17 to $20. There is no news to account for the drop today. It is important to note that it is down less than 3% after running up 48% yoy. Unlock Premium - Try 5i Free

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Cameco Corporation (CCO-T)
January 15, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Raymond James raised its target from $17 to $20. There is no news to account for the drop today. It is important to note that it is down less than 3% after running up 48% yoy. Unlock Premium - Try 5i Free

TOP PICK
TOP PICK
December 15, 2020
He's bought and sold this at a profit. It's broken out in recent weeks. Carries almost no debt. It's profitable, even at the bottom of the cycle. The uranium market should rise from $30 to $40/lb. He expects the ESG wave to hit Cameco, but Cameco offers carbon-free energy through nuclear energy. This could make a $1 billion a year. (Analysts’ price target is $17.24)
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Cameco Corporation (CCO-T)
December 15, 2020
He's bought and sold this at a profit. It's broken out in recent weeks. Carries almost no debt. It's profitable, even at the bottom of the cycle. The uranium market should rise from $30 to $40/lb. He expects the ESG wave to hit Cameco, but Cameco offers carbon-free energy through nuclear energy. This could make a $1 billion a year. (Analysts’ price target is $17.24)
Bill Harris, CFA
Price
$17.540
Owned
Yes
DON'T BUY
DON'T BUY
December 4, 2020
Has always been wary of uranium. It is a highly politicized material and is subject to many factors. Generally a space that is hard to read. It is always just over the horizon.
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Cameco Corporation (CCO-T)
December 4, 2020
Has always been wary of uranium. It is a highly politicized material and is subject to many factors. Generally a space that is hard to read. It is always just over the horizon.
Michael Sprung
Price
$13.990
Owned
No
DON'T BUY
DON'T BUY
November 13, 2020
A materials company that he is not excited on. Has shorted this. A call on valuation and volatility. Not a lot of return on equity, expensive on EBITA basis, and no compelling reason to hold it. Uranium is a tougher market. Nuclear has not profited from the clean energy movement.
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Cameco Corporation (CCO-T)
November 13, 2020
A materials company that he is not excited on. Has shorted this. A call on valuation and volatility. Not a lot of return on equity, expensive on EBITA basis, and no compelling reason to hold it. Uranium is a tougher market. Nuclear has not profited from the clean energy movement.
Jason Mann
Price
$12.630
Owned
No
PAST TOP PICK
PAST TOP PICK
August 28, 2020
(A Top Pick Jun 14/19, Up 9%) It has recovered from a valley it hit during March. They didn't add it back when it dropped since there were so many other good opportunities.
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(A Top Pick Jun 14/19, Up 9%) It has recovered from a valley it hit during March. They didn't add it back when it dropped since there were so many other good opportunities.
Showing 1 to 15 of 934 entries

Cameco Corporation(CCO-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 6

Total Signals / Votes : 11

Stockchase rating for Cameco Corporation is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Cameco Corporation(CCO-T) Frequently Asked Questions

What is Cameco Corporation stock symbol?

Cameco Corporation is a Canadian stock, trading under the symbol CCO-T on the Toronto Stock Exchange (CCO-CT). It is usually referred to as TSX:CCO or CCO-T

Is Cameco Corporation a buy or a sell?

In the last year, 11 stock analysts published opinions about CCO-T. 4 analysts recommended to BUY the stock. 6 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Cameco Corporation.

Is Cameco Corporation a good investment or a top pick?

Cameco Corporation was recommended as a Top Pick by Stockchase Insights on 2021-09-15. Read the latest stock experts ratings for Cameco Corporation.

Why is Cameco Corporation stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Cameco Corporation worth watching?

11 stock analysts on Stockchase covered Cameco Corporation In the last year. It is a trending stock that is worth watching.

What is Cameco Corporation stock price?

On 2021-09-17, Cameco Corporation (CCO-T) stock closed at a price of $28.61.