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Stock impact report

Comparing Uranium Stocks Cameco and NexGen Energy [Yahoo! Finance Canada]

Cameco Corporation (CCJ) 
Last cameco corporation earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: cameco.com/invest
To say that there's an opportunity for investors in the field of uranium stocks is an understatement. Uranium demand is at one of the strongest points it has reached in a decade. Reactor restarts, new builds, and a shift back to nuclear energy as a cleaner, low-carbon power source are surging. As a result, utilities are signing longer-term contracts to acquire large volumes of uranium, which still has a tight supply following a decade of underinvestment. That soaring demand has pushed uranium prices up to nearly US$90 per pound. That's more than double the price it was just five years ago. For investors looking to participate in this renewed momentum, there are two uranium stocks that stand out, Cameco Corporation TSX:CCO ) and NexGen Energy TSX:NXE Both offer exposure to the same rising commodity, but they do so in very different ways. Understanding those differences is key to determining which stock is the better option right now. Let's take a look at both. The establis Show less Read more
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