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0.00107642626480084 0.00215285252960168 0.00322927879440251 0.00322927879440251 0.00484391819160387 0.00430570505920335 0.00914962325080722 0.00753498385360606
Stock impact report

Could Cameco Corporation Be a Millionaire Maker Stock? [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
This uranium miner's shares have been pummeled by falling commodity prices, but that suggests a huge upturn when uranium prices recover. Shares of uranium miner Cameco Corporation ( NYSE:CCJ ) are down over 70% from the highs reached roughly a decade ago. A lot has changed over that span, most notably a deep and painful decline in the price of the commodity this miner produces. However, if prices recover as supply and demand balance out, the recovery potential here could make Cameco's stock a millionaire maker. Here are some things to monitor if that sounds interesting to you. It's been tough There's no way to avoid the obvious here: uranium prices are still hovering near deeply depressed levels. That's the result of a supply/demand imbalance that was materially exacerbated by the world's response to the Fukushima nuclear plant meltdown in Japan. That event led developed countries to question their commitments to nuclear power, with some swearing off the option en Show less Read more
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