Cameco (CCJ, Financial) experienced a significant stock drop of 5%, with shares priced at $52.07. The trading volume reached 2.56476 million shares, reflecting a turnover rate of 0.59% and a price fluctuation of 6.42%. Recent financial reports show Cameco's revenue at $528 million, net profit at $5.45 million, and earnings per share at $0.01, with a gross profit of $111 million. The company's price-to-earnings ratio stands at 270.76.
In terms of institutional ratings, 94% of the 16 participating brokerages recommend buying, while 6% suggest holding, with no sell recommendations. Within the uranium industry, where Cameco operates, the overall decline was 3.86%. Notable performers in this sector include Uranium Royalty Corp, Ur-Energy, and Encore Energy Corp, which saw significant gains. Active stocks with high turnover rates include Centrus Energy Corp, Denison Mines, and Energy Fuels Inc, with turnover rates of 3.50%, 2.38%, and 1.79%, respectively. Stocks with notable price fluctuations include Centrus Energy Corp, Energy Fuels Inc, and Cameco, with fluctuations of 9.75%, 6.77%, and 6.42% respectively.
Cameco is a key uranium supplier for clean and reliable base-load power production. The company operates through three main segments: Uranium, Fuel Services, and Westinghouse Electric. Its uranium division generates the most revenue. Cameco has projects like Millennium, Yeelirrie, Kintyre, and Exploration, with operations in Canada, Kazakhstan, Germany, Australia, and the United States.
