Cameco is the subject of unusually large options trading (NYSE:CCJ)

On Wednesday, Cameco Company (NYSE: CCJ) (TSE: CCO) saw unusual activity in its options trading. Put options for a total of 28,210 shares of the company’s stock were purchased by investors. Compared to the typical daily volume of 2,706 put options, this demonstrates an increase close to 942% higher than expected.

On October 27 October 27, Cameco (NYSE: CCJ) (TSE: CCO) announced that it would publish its quarterly earnings report. The basic materials industry reported a quarterly earnings per share figure of $0.02, which was $0.06 more than the average estimate of $0.04. The earnings for the quarter came in on schedule. The sum of the company’s revenue during the period in question was exactly $297.96 million. The return on equity for Cameco came in at 2.50 percent, and the net margin for the company was 6.43 percent. Market analysts anticipate Cameco to generate $0.27 per share earnings during the […]

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