3 Years Ago
1 Min Read

Shares of CCJ are trading 14% higher today. Here's what's happening:



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 – 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 - source
OXY calls TSLA calls CCJ calls πŸš€πŸš€πŸš€πŸš€ πŸ˜ŽπŸ‘‹πŸ’₯πŸ‘

thewaterb0yyyy - 3 upvotes - source
CCJ was free money in hindsight

Chitownguy06 - 3 upvotes - source
Shoulda got more CCJ calls mannnnn

Chitownguy06 - 3 upvotes - source
CCJ was a 14-20 bagger yall

SimilarBuffalo6421 - 2 upvotes - source
I 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 - source
Not CCJ ?

Chitownguy06 - 1 upvotes - source
OXY calls TSLA calls and CCJ calls. Let’s Gooo!!!!