Professional
Added to YB: 2024-08-02
Pitch date: 2024-06-30
CCJ [bullish]
Cameco Corporation
+112.84%
current return
Author Info
No bio for this author
Company Info
Cameco Corporation provides uranium for the generation of electricity in the Americas, Europe, and Asia.
Market Cap
N/A
Pitch Price
CAD 49.49
Price Target
N/A
Dividend
0.17%
EV/EBITDA
51.78
P/E
95.47
EV/Sales
N/A
Sector
Oil, Gas and Consumable Fuels
Category
growth
Munro Climate Change Leaders Fund Portfolio Holding: Cameco Corporation
CCJ: Largest Western uranium co. 20M lbs 2023 prod. 49% stake in Westinghouse (nuclear OEM). Nuclear resurgence: 16 US reactors extended, 6 new in E. Europe. Each AP1000 = $2B rev for Westinghouse. 70% uranium from 'East'; Western diversification pressures. US bans Russian enriched uranium 2028. Potential price upside on Russian retaliation. Tier 1 Canadian assets position CCJ well.
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