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Stock impact report

Where Will Cameco Corporation Be in 5 Years? [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
Most of the uranium miner's supply contracts expire by 2021. What happens after that? The world's largest uranium miner has been reeling in a long, draw-out state of misery since the Fukushima nuclear disaster in 2011. Many industrialized nations have revisited their long-term power-generation strategies to include a future without atomic energy. The rise of emission-free wind and solar energy, which continues to outpace even the most optimistic projections, makes it even easier to envision a world with diminishing reliance on nuclear power. None of that has stopped Cameco Corp ( NYSE:CCJ ) bulls or management from predicting a brighter future ahead. The company has slashed operations and kept a remarkably healthy balance sheet throughout uranium's multiyear slide as a global commodity. While it appears to be making all of the right moves today, every day the company inches closer to an existential line in the sand: the year 2021. That is the year most of its supply Show less Read more
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