Is Cameco overvalued?
According to Cameco’s PB ratio, the stock is overvalued by 0.59x relative to its 5-year average and 0.48x relative to its sector peers, suggesting that there’s an apparent chasm between the stock’s fair value and its current market value.
When did Cameco go public?
1991
Cameco Corporation has been a publicly traded company since 1991. The company’s shares are traded on both the Toronto Stock Exchange (TSX:CCO) and the New York Stock Exchange (NYSE:CCJ).
Who owns Canada’s uranium?
In 1988 this merged with Eldorado Nuclear Ltd to form Cameco Corporation, now Canada’s leading uranium producer. Canada’s Non-Resident Ownership Policy (NROP) for uranium projects had, since 1987, restricted foreign ownership of uranium mines to a maximum of 49%.
Why is Cameco stock dropping?
Cameco Corp (CCO.TO) reported a surprise quarterly loss and cut its full-year production outlook on Friday as uranium prices extended their slump, driving its shares down 12 per cent.
Is Cameco unionized?
Cameco’s unionized workforce also enjoys competitive benefits, negotiated through collective bargaining.
What are analysts’target prices for Cameco’s stock?
5 Wall Street analysts have issued 1-year target prices for Cameco’s shares. Their forecasts range from $16.00 to $16.00. On average, they anticipate Cameco’s stock price to reach $16.00 in the next twelve months. This suggests a possible upside of 71.9% from the stock’s current price.
Should I buy or sell Cameco Corporation (C Cameco)?
Stockchase rating for Cameco Corporation is calculated according to the stock experts’ signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock. What is Cameco Corporation stock symbol?
What is the upside for Cameco’s stock?
Their forecasts range from $30.00 to $39.00. On average, they expect Cameco’s stock price to reach $35.00 in the next twelve months. This suggests a possible upside of 62.6% from the stock’s current price.
What is Cameco’s ticker symbol?
Cameco trades on the New York Stock Exchange (NYSE) under the ticker symbol “CCJ.” Who are Cameco’s major shareholders? Cameco’s stock is owned by a variety of retail and institutional investors.