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0 0 0 0 2.0635575733248E-06 2.0635575733248E-06 0.00495253817581515 0.00474618241848956
Stock impact report

Should Investors Buy the Correction in Cameco Stock? [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
One of the best performing companies on the TSX today continues to be Cameco TSX:CCO ). The uranium producer is up by 72% in the last year alone, after all. That's more than most other companies can say in that time. However, in the last month shares have come back down slightly. Currently, Cameco stock is down about 10% from 52-week highs. So, should investors buy the dip? What makes Cameco stock so great? First, let's look at why investors have been interested in Cameco stock in the first place. Cameco is one of the world's largest uranium producers. The company engages in the exploration, mining, refining, conversion, and fabrication of uranium for sale as fuel for generating electricity in nuclear power reactors. ADVERTISEMENT Cameco continues to play a crucial role in the supply of uranium. Especially with a renewable energy transition underway, with 20% of the United States dependent on nuclear power at this point alone. That's only looking to rise in the near term. Show less Read more
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