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Investors looking for the next big thing in the market should consider the best uranium stocks. It really comes down to a central talking point: artificial intelligence and other advanced technologies don't come for free.
Cameco may see multiple years of over 30% earnings growth driven by the Nuclear energy re-birth. Supply contract terms support higher realized uranium prices and margin expansion. The Westinghouse acquisition integrates Cameco into the nuclear power plant design, construction, and service sector.
SASKATOON, Saskatchewan--(BUSINESS WIRE)---- $CCJ #cameco--Cameco (TSX: CCO; NYSE: CCJ) released its 2023 Sustainability Report today. The report communicates the sustainability initiatives and key metrics that demonstrate Cameco's progress to date and the continual advancement of our sustainability reporting. “Our vision is to energize a clean-air world. As the world seeks to decarbonize, we also want to do our part and be an active partner in the fight against climate change. I am proud of the steps we have t.
The latest trading day saw Cameco (CCJ) settling at $50.49, representing a +0.9% change from its previous close.
Uranium stocks to watch in the stock market today.
SASKATOON, Saskatchewan--(BUSINESS WIRE)--Saskatchewan Power Corporation (SaskPower), Westinghouse Electric Company (Westinghouse) and Cameco Corporation (Cameco) (TSX: CCO; NYSE: CCJ) have signed a memorandum of understanding (MOU) to evaluate the potential of Westinghouse's nuclear reactor technology and the associated nuclear fuel supply chain required for Saskatchewan's future clean power needs. The MOU will explore technical and commercial pathways to deploy Westinghouse's reactor technolo.
SASKATOON, Saskatchewan--(BUSINESS WIRE)---- $CCJ #cameco--Saskatchewan Power Corporation (SaskPower), Westinghouse Electric Company (Westinghouse) and Cameco Corporation (Cameco) (TSX: CCO; NYSE: CCJ) have signed a memorandum of understanding (MOU) to evaluate the potential of Westinghouse's nuclear reactor technology and the associated nuclear fuel supply chain required for Saskatchewan's future clean power needs. The MOU will explore technical and commercial pathways to deploy Westinghouse's reactor technolo.
Cameco (CCJ) concluded the recent trading session at $52.92, signifying a +0.92% move from its prior day's close.
Uranium prices peaked over $100 a pound -- but that was back in February. Today, uranium prices are closer to $85 a pound.
Cameco reported lower revenue and a big net loss for its first quarter. Investors, however, expect Cameco's fortunes to turn around once the government bans uranium imports from Russia.