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-0.000254442135617819 -0.000254442135617819 -0.000254442135617819 -0.000254442135617819 0.00775136762647879 0.00775136762647879 0.00822696238497099 0.00822696238497099
Stock impact report

Cameco's Cut May Be Triggering The Next Uranium Bull Market [Seeking Alpha]

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: Seeking Alpha
SummaryUranium miners have struggled with unprofitably for years as uranium prices have been below production costs in most of North America.Cameco has the advantage of producing in North America and Kazakhstan which has allowed it positive cash flow despite the depressed market.Due to production cuts last year and COVID this year, 2020 has seen a uranium shortage which has caused a 36% rise in prices.While Camceo's production will be lower for Q2 and part of Q1, the rise in uranium prices will likely offset sales losses.The long-term outlook for uranium continues to improve.Uranium miners are perhaps one of the most interesting groups of companies in the investment market. Few are profitable, most are entirely dependent on equity dilutions, but thepotential long-term upsideCCJsalvaged nuclear weapon materialsWhile the past decade has been awful for uranium miners, the 2020s are looking much better. Over100 reactorsthat is startingHopes of a repeat of the 2000s bull marke Show less Read more
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