TSX:CCOOil and Gas
Has Cameco (TSX:CCO) Run Too Far After Uranium Rally And Strong Five Year Surge
If you are wondering whether Cameco’s share price still reflects fair value after a big run, you are not alone. This article is here to unpack what the current price might mean for investors thinking about uranium exposure.
Cameco’s stock last closed at C$161.70, with returns of 3.1% over 7 days, 6.2% over 30 days, 19.5% year to date, 128.5% over 1 year and a very large 5 year gain of around 7x.
Recent attention on uranium and nuclear energy policy globally has helped keep Cameco on many...