Shares Of Cameco Corp. (NYSE: CCJ) Inclined 7.67% In One Month

Cameco Corp. (NYSE:CCJ) has a beta value of 0.90 and has seen 1.76 million shares traded in the recent trading session. The company, currently valued at $17.29B, closed the recent trade at $39.73 per share which meant it gained $1.78 on the day or 4.69% during that session. The CCJ stock price is -41.56% off its 52-week high price of $56.24 and 11.45% above the 52-week low of $35.18. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.6 million shares traded. The 3-month trading volume is 3.62 million shares.

The consensus among analysts is that Cameco Corp. (CCJ) is Buy stock at the moment, with a recommendation rating of 1.21. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 5 have rated it as a Hold, with 5 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.2.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Cameco Corp. (NYSE:CCJ) trade information

Sporting 4.69% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the CCJ stock price touched $39.73 or saw a rise of 4.52%. Year-to-date, Cameco Corp. shares have moved -7.82%, while the 5-day performance has seen it change -5.18%. Over the past 30 days, the shares of Cameco Corp. (NYSE:CCJ) have changed 7.67%. Short interest in the company has seen 15.47 million shares shorted with days to cover at 5.05.

Wall Street analysts have a consensus price target for the stock at $30.24, which means that the shares’ value could drop -31.38% from the levels at last check today. The projected low price target is $30.23840614 while the price target rests at a high of $55.0. In that case, then, we find that the latest price level in today’s session is -38.43% off the targeted high while a plunge would see the stock lose 23.89% from the levels at last check today.

Cameco Corp. (CCJ) estimates and forecasts

Figures show that Cameco Corp. shares have outperformed across the wider relevant industry. The company’s shares have lost -2.77% over the past 6 months, with this year growth rate of 87.72%, compared to 20.90% for the industry. Revenue growth from the last financial year stood is estimated to be 19.40%.

2 analysts offering their estimates for the company have set an average revenue estimate of 567.69M for the current quarter. 2 have an estimated revenue figure of 782.42M for the next ending quarter.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 13.73% over the past 5 years.

CCJ Dividends

Cameco Corp. is expected to release its next earnings report on 2024-Oct-29 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.09 at a share yield of 0.22%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 0.37%.

Cameco Corp. (NYSE:CCJ)’s Major holders

Insiders own 0.15% of the company shares, while shares held by institutions stand at 75.94% with a share float percentage of 76.05%. Investors are also buoyed by the number of investors in a company, with Cameco Corp. having a total of 1002.0 institutions that hold shares in the company. The top two institutional holders are FMR LLC with over 37.72 million shares worth more than $1.86 billion. As of 2024-06-30, FMR LLC held 10.6914% of shares outstanding.

The other major institutional holder is MIRAE ASSET GLOBAL ETFS HOLDINGS LTD., with the holding of over 17.24 million shares as of 2024-06-30. The firm’s total holdings are worth over $847.84 million and represent 4.8852% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Global X Fds-Global X Uranium ETF and Capital World Growth and Income Fund. As of Jul 31, 2024, the former fund manager holds about 3.62% shares in the company for having 15.78 shares of worth $622.65 million while later fund manager owns 11.42 shares of worth $450.63 million as of Jun 30, 2024, which makes it owner of about 2.62% of company’s outstanding stock.