Shares of Cameco Corp (CCJ) are trading 14% higher at a price of $26.895 at the time of this writing. The stock's price action is outperforming it's peers on what is quickly becoming a upbeat day for the Energy sector.
Cameco Corp has been trading between a 52-week high of $32.49 and a 52-week low of $16.95. The stock has a market cap of $10.7 Billion.
Cameco is one of the largest global providers of the fuel needed to energize a clean-air world. The Company's tier-one operations have the licensed capacity to produce more than 53 million pounds (100% basis) of uranium concentrates annually, backed by 455 million pounds of proven and probable mineral reserves (its share). The Company is also a leading supplier of uranium refining, conversion and fuel manufacturing services.
Headlines
Cameco Corp. call put ratio 28 calls to 1 put as shares rally 10%
Investing.com 08-24-22
Cameco Stock: Great Outlook, Future Growth Is Priced In (CCJ)
Seeking Alpha 08-24-22
Cameco Corporation β Consensus Indicates Potential 48.6% Upside
DirectorsTalk 08-23-22
Scotiabank Reiterates Sector Outperform Rating on Cameco Corp.
Investing.com 08-22-22
Uranium Energy Corp Completes Acquisition of UEX Corporation to Create the Largest Diversified North American Focused Uranium Company
The North America Newswire 08-22-22
As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverseβ’:Chitownguy06 - 4 upvotes -
sourceOXY calls TSLA calls CCJ calls ππππ πππ₯π
thewaterb0yyyy - 3 upvotes -
sourceCCJ was free money in hindsight
Chitownguy06 - 3 upvotes -
sourceShoulda got more CCJ calls mannnnn
Chitownguy06 - 3 upvotes -
sourceCCJ was a 14-20 bagger yall
SimilarBuffalo6421 - 2 upvotes -
sourceI will be going all in CCJ leaps on any meaningful pullback. The Japanese restarting their nuclear fleet is HUGE for the sector.
diorgasm - 1 upvotes -
sourceNot CCJ ?
Chitownguy06 - 1 upvotes -
sourceOXY calls TSLA calls and CCJ calls. Letβs Gooo!!!!