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Added to YB: 2026-08-31

Pitch date: 2026-08-27

CCJ [bullish]

Cameco Corporation

-5.6%

current return

Author Info

Aurelion Research is a research analyst with a passion for markets, specializing in high‑conviction ideas across shipping, offshore drilling, and thematic equity research. Sign up for the newsletter.

Company Info

Cameco Corporation provides uranium for the generation of electricity in the Americas, Europe, and Asia.

Market Cap

CAD 64.9B

Pitch Price

CAD 7.4K

Price Target

N/A

Dividend

0.16%

EV/EBITDA

69.86

P/E

184.01

EV/Sales

18.72

Sector

Oil, Gas and Consumable Fuels

Category

turnaround

Show full summary:
New Position: Doubling Down on Nuclear - Cameco Corporation

CCJ: Cameco offers high-quality, integrated exposure to a tightening uranium market through low-cost mines, fuel services and stakes in Westinghouse and Global Laser Enrichment. With 230M pounds contracted and legacy contracts resetting at higher prices, earnings can grow without major volume gains; uranium is expected to reach $95-100/lb this year. Risks are Canadian export restrictions or tariffs and a global production increase that narrows the supply deficit.

Read full article (8 min)