TSX:CCOOil and Gas
Is the Cameco Rally Justified After Global Nuclear Energy News and a 54% Surge?
Curious if Cameco is trading at a bargain or riding a wave of optimism? You are not alone, as investors everywhere are eyeing its potential value.
Recently, Cameco's stock price has seen a 4.1% dip over the past week. It remains up a remarkable 54.0% year-to-date and 36.2% over the past year, hinting at both rapid growth and shifting risk perceptions.
Fueling these moves, Cameco has been in the spotlight following news of expanding global nuclear initiatives and new long-term supply...