Cameco Corp (CCJ) is a Canada-based uranium producer. The Company is engaged in the exploration for and the development, mining, refining, conversion, fabrication and trading of uranium for sale as fuel for generating electricity in nuclear power reactors in Canada and other countries. The Company operates through three segments: uranium, fuel services and NUKEM. The uranium segment involves the exploration for, mining, milling, purchase and sale of uranium concentrate. The fuel services segment involves the refining, conversion and fabrication of uranium concentrate and the purchase and sale of conversion services. The NUKEM segment acts as a market intermediary between uranium producers and nuclear-electric utilities. Cameco conducts a portion of its exploration, development, mining and milling activities through joint operations located around the world. Cameco's Canadian uranium joint operation interests are McArthur River, Key Lake and Cigar Lake.
@stock1234 I saw you are watching this one, so figured you may want a thread to discuss it whenever you have thoughts or others do!
@T0rm3nted Thanks Good start so far this year. Uranium has underperformed for so long, maybe it is finally on a turnaround.
Quite the climb recently, but down 11% pre-market on a contract rejection Cameco To Seek Remedies For TEPCO's Contract Termination Source: http://www.rttnews.com/2739119/came...tepco-s-contract-termination-quick-facts.aspx
I was wondering what happened when I saw it was down big this morning I was just watching and waiting for an entry. If it goes down more after earnings, I might try to get in
Shares of energy companies are trading higher amid an increase in oil prices as Saudi Arabia raised the possibility that OPEC+ could make output cuts to support prices. Also, conflict in Libya is impacting oil prices, as well. Aug 29, 2022 10:22a ET