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Stock impact report

Uranium Prices Sent Cameco Stock Soaring 10.8% in November: What's Next? [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
Can Cameco sustain its rally? Neha Chamaria ( Nehams ) Dec 7, 2018 at 3:49PM What happened Investors in Cameco ( NYSE:CCJ ) got an early Christmas surprise last month as shares of the uranium giant soared 10.8%, according to data provided by S&P Global Market Intelligence . The stock's run-up wasn't a fluke: Uranium prices shot up, giving Cameco an additional reason to bump up its outlook for fiscal 2018. Investors have been waiting for this day for several years now. So what Uranium markets have been stuck in a rut for a long time, so when producers across the globe turned optimistic some months ago, backed by key developments in the industry, it warranted investor attention . That there was merit in experts' bullish views is evidenced by the sharp recovery in uranium prices in recent months: Last month, they hit highs not seen in nearly Show less Read more
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