Previous Close | 49.42 |
Open | 48.12 |
Bid | 46.45 x 1800 |
Ask | 46.45 x 900 |
Day's Range | 45.10 - 49.14 |
52 Week Range | 26.15 - 52.64 |
Volume | |
Avg. Volume | 4,832,061 |
Market Cap | 20.066B |
Beta (5Y Monthly) | 0.94 |
PE Ratio (TTM) | 75.72 |
EPS (TTM) | 0.61 |
Earnings Date | Apr 30, 2024 |
Forward Dividend & Yield | 0.09 (0.18%) |
Ex-Dividend Date | Nov 29, 2023 |
1y Target Est | 52.81 |
Uranium miner Cameco Corp's chief executive said on Tuesday projected demand from data centers powering technology like generative AI will likely be a boost for nuclear energy. Over the past year, big technology companies have been racing to build data centers needed to power applications such as OpenAI's viral chatbot, ChatGPT, as they try to capitalize on what is expected to be the industry's next key growth driver. Many industrial power users and tech sector experts are signing agreements to ensure their facilities can access zero-carbon and reliable nuclear energy now and into the future, he said.
SASKATOON — Cameco Corp. reported a loss in its latest quarter as it was hit by charges related to its acquisition of a stake in Westinghouse Electric Co., one of the world's largest nuclear services businesses. The uranium miner says it's loss attributable to equity holders amounted to $7 million or two cents per diluted share for the quarter ended March 31 compared with a profit of $119 million or 27 cents per diluted share a year earlier. Revenue totalled $634 million, down from $687 million
RBC Capital Markets says it would be a buyer of the company's shares on stock price weakness.