Cameco Corporation

CCO-T

TSE:CCO

23.79
1.04 (4.57%)
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
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.
WATCH
WATCH
April 23, 2020

Uranium Sector. Has the bull started running? His proxy is CCO-T. If there is a bullish case for Uranium, the analysts have not heard it. U-T is up 66% so had had quite a move. He hopes the analysts will get the same message he is about the outlook for uranium.

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Uranium Sector. Has the bull started running? His proxy is CCO-T. If there is a bullish case for Uranium, the analysts have not heard it. U-T is up 66% so had had quite a move. He hopes the analysts will get the same message he is about the outlook for uranium.

Ross Healy
Price
$13.530
Owned
Unknown
DON'T BUY
DON'T BUY
March 2, 2020
Trump's decision to support U.S. uranium--effect on Cameco? It won't matter. The U.S. barely has any uranium. CCO is the second-best uranium company in the world. It's stable and transparent. But uranium's outlook given a global slowdown and lack of Japanese demand is cloudy. Also, this is HIGHLY volatile. Good for options traders, which he is not.
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Trump's decision to support U.S. uranium--effect on Cameco? It won't matter. The U.S. barely has any uranium. CCO is the second-best uranium company in the world. It's stable and transparent. But uranium's outlook given a global slowdown and lack of Japanese demand is cloudy. Also, this is HIGHLY volatile. Good for options traders, which he is not.
Rick Rule
Price
$11.610
Owned
Unknown
WAIT
WAIT
January 23, 2020

The only thing to look at is uranium prices. Until prices take off, stay on the sidelines. If prices take off, first go-to is the Uranium Participation Corp. Then come back to Cameco after that. Need a break above $6 before he'd be interested.

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Cameco Corporation (CCO-T)
January 23, 2020

The only thing to look at is uranium prices. Until prices take off, stay on the sidelines. If prices take off, first go-to is the Uranium Participation Corp. Then come back to Cameco after that. Need a break above $6 before he'd be interested.

Jaime Carrasco
Price
$11.340
Owned
Unknown
SELL STRENGTH
SELL STRENGTH
January 21, 2020
A downward chart since early-2019. At $12.15, exit.
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Cameco Corporation (CCO-T)
January 21, 2020
A downward chart since early-2019. At $12.15, exit.
William Chin
Price
$11.600
Owned
Unknown
DON'T BUY
DON'T BUY
January 8, 2020
People have been waiting for interest in uranium and nuclear power for a long time. He has stayed away. He does not own it and does not follow it closely. It trades around book value and at forward earnings are not looking that robust. It is just too expensive. There will be more emphasis on nuclear generation in China and India going forward, but it could be a long wait.
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People have been waiting for interest in uranium and nuclear power for a long time. He has stayed away. He does not own it and does not follow it closely. It trades around book value and at forward earnings are not looking that robust. It is just too expensive. There will be more emphasis on nuclear generation in China and India going forward, but it could be a long wait.
Michael Sprung
Price
$11.710
Owned
No
DON'T BUY
DON'T BUY
January 3, 2020
The chart shows a stuck pattern. It's trading in a range from $11.50 - $12.50. Make sure to get out if it goes below $11.00. The demand-supply for this stock is very tricky. It's been on a downward trajectory from $50 for the last couple decades.
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The chart shows a stuck pattern. It's trading in a range from $11.50 - $12.50. Make sure to get out if it goes below $11.00. The demand-supply for this stock is very tricky. It's been on a downward trajectory from $50 for the last couple decades.
Showing 1 to 15 of 928 entries

Cameco Corporation(CCO-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 5

Total Signals / Votes : 7

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, 7 stock analysts published opinions about CCO-T. 1 analyst recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T 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 Michael Sprung on 2021-04-21. 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?

7 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 2021-05-14, Cameco Corporation (CCO-T) stock closed at a price of $23.79.