Tag: Cameco

Why Cameco Corporation Stock Dropped on Tuesday

Cameco Corporation (NYSE: CCJ) stock slipped 4.9% through 1:15 p.m. ET this afternoon, and it’s not too hard to figure out why. Supply constraints and rising demand for uranium in late 2023 and early 2024 drove prices of the radioactive metal well past $100 a pound earlier this year. But the rally faded in March, […]

Why Shares of Cameco Are Powering Higher Today

Starting off the new month on a positively energetic note, Cameco (NYSE: CCJ) stock is shooting higher today. While both the S&P 500 and Dow Jones Industrial Average are in the red, investors are clicking the buy button on the uranium producer’s stock after learning of some favorable attention that the stock is receiving from […]

Why Uranium Energy, Cameco, and Denison Mines Stocks All Popped Today

Bad news out of Kazakhstan sparked a surge in the share prices of multiple uranium stocks on Friday, with shares of companies such as Cameco (NYSE: CCJ) and Denison Mines (NYSEMKT: DNN) rising 9.6% and 9.7% through 1:15 p.m. ET, while Corpus Christi, Texas-based uranium producer Uranium Energy (NYSEMKT: UEC) beat them both with a […]

Why Cameco Corp Stock Fell 5% on Tuesday

Fallout shelter. Shares of Canadian uranium miner Cameco Corporation (NYSE: CCJ), which have more than doubled in price over the past year and hit an all-time high late last month, turned tail and dropped 5.6% through close of trading Tuesday. The sudden, sharp decline followed Cameco’s giving of an “investor day” presentation this morning, which […]