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Stock impact report

Should You Be Worried About Cameco Corp Stock's 11.8% Drop in 2017? [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
Why the uranium miner struggled in 2017, and what its response could mean for 2018. Neha Chamaria ( Nehams ) Jan 10, 2018 at 3:08PM What happened 2017 was a year investors in Cameco Corp. ( NYSE:CCJ ) would want to forget, but they shouldn't, really. While shares of the uranium miner slumped 11.8% on the back of a challenging year, something happened during the tail end of 2017 that helped the stock gain some ground and could further help it sustain momentum. So what Low uranium prices and a lost contract proved to be Cameco's biggest challenges in 2017. Even as Cameco's losses widened, the ghosts of the Fukushima Daiichi nuclear disaster of 2011 that stalled the nuclear energy market came back to haunt the company when Tokyo Electric Power Company abruptly terminated a uranium supply contract with Cameco that was to run through 2028. Show less Read more
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