Here's Why Cameco Corporation Rose as Much as 11.3% Today [The Motley Fool]
Cameco Corporation (CCJ)
Last cameco corporation earnings: 5/1 07:00 am
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Source: The Motley Fool
The leading uranium miner announced second-quarter 2018 earnings and an important update on operations. Maxx Chatsko ( TMFBlacknGold ) Jul 26, 2018 at 4:26PM What happened Shares of Cameco Corp ( NYSE:CCJ ) rose over 11% today after the company announced second-quarter 2018 earnings and provided an operational update that has investors cheering. The expertly managed uranium miner has navigated difficult market conditions in recent years with remarkable efficiency. While weakness lingered in the uranium market for the period ended June 30, the company announced that it will keep two of its most productive assets, McArthur River and Key Lake, on the sidelines for the foreseeable future. Instead, it will ship and sell product mostly from inventory to limit losses and boost cash flow. As of 3:51 p.m. EDT, the stock had settled to a 4.1% gain.
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CCJ
News
- Cameco Co. (NYSE: CCJ) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Investors in Cameco (TSE:CCO) have seen stellar returns of 274% over the past five years [Yahoo! Finance]Yahoo! Finance
- CanAlaska Intersects 11.5 Metres of 10.84% eU3O8 Unconformity Uranium at Pike Zone on West McArthur Joint Venture [Yahoo! Finance]Yahoo! Finance
- Uranium Energy Corp Announces the Appointment of Brent Berg as Senior Vice-President, U.S. Operations [Yahoo! Finance]Yahoo! Finance
- Cameco Reports Document FilingsBusiness Wire
CCJ
Earnings
- 2/8/24 - In-Line
CCJ
Sec Filings
- 3/22/24 - Form 6-K
- 3/22/24 - Form 40-F
- 2/28/24 - Form 144
- CCJ's page on the SEC website