CCJ Stock Recent News
CCJ LATEST HEADLINES
Uranium Energy's stock is up 150% over the past year. The company has a large stockpile of uranium for which it paid historically low prices.
Cameco (CCJ) concluded the recent trading session at $49.59, signifying a -1.74% move from its prior day's close.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Cameco (CCJ) closed the most recent trading day at $47.90, moving -1.74% from the previous trading session.
Fortune recently reported that the U.S. could need as many as 40 new nuclear plants over the next five years to power all data centers, crypto miners, and cannabis facilities that require electricity. That should be a boon for nuclear energy stocks.
Investors are getting excited about the energy sector. The price of crude oil has topped $86 per barrel once again and is now at its highest level in months.
World governments want lower greenhouse gas emissions while global energy consumption soars - a good recipe for Uranium bulls.
Cameco is an industry leader in uranium production. Goldman Sachs initiated coverage on Cameco stock, setting a $55 price target.
Uranium stocks for your April 2024 watchlist.
Uranium prices have been strong and should continue to march higher. Texas-based Uranium Energy is set to restart production at one of its projects.