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Stock impact report

Can Cameco Corporation Stock Go Higher After Gaining 27.4% So Far in 2018? [The Motley Fool]

Cameco Corporation (CCJ) 
Last cameco corporation earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: cameco.com/invest
Company Research Source: The Motley Fool
The uranium mining giant is off to a great start to the year for a couple of reasons. Neha Chamaria ( Nehams ) Jul 15, 2018 at 5:44PM What happened Cameco Corporation ( NYSE:CCJ ) shares have displayed remarkable resilience so far this year after ending 2017 on a somber note . The uranium mining stock climbed a solid 27.4% during the first half of 2018, according to data from  S&P Global Market Intelligence , fueling investor optimism that the worst is, perhaps, behind the uranium industry. So what Uranium prices hold the key to a market turnaround. However, spot uranium prices have barely moved this year, with the average monthly price coming in at around $22.65 per pound in June, compared with $21.88 per pound in January, as quoted by Cameco. For perspective, average uranium price were roughly $23.13 last November. So why did Cameco sha Show less Read more
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