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-0.000114654793525898 0.000363073512831785 -0.000592383099883411 0.00275171504461986 0.00752899810819584 0.00896218302726872 0.00896218302726872 0.00896218302726872
Stock impact report

The Death Spiral Of Nuclear Energy And The Demise Of Uranium Miners [Seeking Alpha]

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: Seeking Alpha
Summary There has been a surge in interest in uranium explorers and miners in recent months because of growing optimism surrounding the outlook for the radioactive metal. This has sparked a rash of upgrades for a number of uranium miners and explorers including Cameco Corp. ( CCO ) which has been upgraded to outperform and has an average price target of up to C$17 per share. Uranium explorer NextGen Energy ( NXE ) has also garnered considerable attention from investors since Hong Kong billionaire investor Li Ka-shing doubled down on the company with a $110 million investment last month. The marked uptick in the outlook for uranium is long over due with the radioactive metal caught in prolonged slump that now sees it trading at less than a sixth of its 2007 high. Source: Cameco. That has had a significant impact on uranium companies as the performance of uranium miners and explorers as the performance of the Global X Uranium EFT ( URA ) shows: Show less Read more
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