CCJ Stock: Cameco Soars as Interest in Uranium Stocks Heats Up

CCJ Stock: Cameco Soars as Interest in Uranium Stocks Heats Up

This week has seen investors staking significant bets that nuclear power is poised to be a key element in company divestment from fossil fuels. It hasn’t taken long for this trend to affect stock markets. According to the Financial Times , the prices of raw or yellow cake uranium have risen to the highest levels we have seen since 2014. For any company whose holdings include uranium mining, this means a significant spike in prices. Cameco Corporation (NYSE: CCJ ) has enjoyed the ride, as have any shareholders with CCJ stock. Source: Shutterstock CCJ and Others Are Winning This Week

Cameco is having a good a week as one might expect from the world’s biggest uranium mining company during a significant price boom. As of this writing, shares are up 6.45% on the day and 15.68% on the week. CCJ stock saw some significant declines in August but […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
Posting Guidelines
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet