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Stock impact report

Cameco India Uranium Deal Raises Questions On Valuation And Growth [Yahoo! Finance]

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: Yahoo! Finance
Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Cameco has signed a long term agreement to supply uranium ore concentrate to India's Department of Atomic Energy. The deal spans nearly a decade and is aimed at supporting India's nuclear energy expansion plans. This contract is expected to have material implications for Cameco's future revenues and international relationships. Cameco, listed as TSX:CCO, enters this new agreement with India after a period of very strong share price performance, with the stock up 143.6% over the past year. The current share price sits at CA$148.19, and the company's 5 year return points to sustained investor interest over a longer period. This latest supply deal adds another data point for investors tracking how Cameco is positioning itself within the global nuclear fuel market. For shareholders, the India contract highlights how demand for nuclear fue Show less Read more
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