Cameco Corporation (CCO.TO)
- Motley Fool
Why Cameco Stock Dropped Suddenly on Monday
Shares of uranium giant (and joint owner of Westinghouse Electric Company) Cameco (NYSE: CCJ) have been on a tear these past three months, surging by 34% from early July through Friday's close. Cameco stock's surge has accompanied -- and indeed, ridden -- a rising wave of higher prices for the uranium it mines. Well, back in 2021, when uranium prices were still shy of the $50 mark -- but climbing -- the experts at MiningReview.com pointed out that after reviewing the economics of uranium mining, it appeared that prices of about $60 per pound would suffice to make uranium sufficiently profitable that it would incentivize miners to mine more.
- Simply Wall St.
Estimating The Fair Value Of Cameco Corporation (TSE:CCO)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Cameco fair value estimate is CA$62.73 Current share price of...
- Baystreet
Grown Rogue Hits 52-Week High on Q3 Numbers
Grown Rogue International Inc (C.GRIN) hit a new 52-week high of 33.5 cents Thursday. Third-quarter ...
