Cameco: Why There’s Lots Of 2022 Upside Potential For This Uranium Miner’s Stock

This article was written exclusively for Investing.com Substantial rise in CCJ in 2021

Uranium prices are rising for three reasons

CCJ’s trend is your friend, and it is higher

Targets for CCJ in 2022 and beyond Analysts are bullish on one of the world’s leading uranium producers Uranium is a silvery-grey metal in the actinide series of the periodic table. Its primary use is for fuel in nuclear power plants, making the metal an energy commodity. One kilogram of uranium can produce as much energy as 1,500 tons of coal.Uranium also has military nuclear weapons applications and other industrial and medical applications. Though uranium is considered a commodity, it doesn’t trade as actively as other energy products and metals.While crude oil , natural gas and coal, as well as such base metals as copper have active futures markets where producers, consumers, and speculators establish prices, uranium trades primarily by […]

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