Cameco Corp. (NYSE:CCJ) Risks You Should Know Before Investing

The price of Cameco Corp. (NYSE:CCJ) shares last traded on Wall Street rose 0.51% to $45.00.

Based on available information, 14 analysts follow Cameco Corp. (NYSE:CCJ). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $50.98 and a low of $47.54, we find $50.18. Given the previous closing price of $44.77, this indicates a potential upside of 12.08 percent. CCJ stock price is now 12.90% away from the 50-day moving average and 39.35% away from the 200-day moving average. The market capitalization of the company currently stands at $19.50B.

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Among analysts, 1 rate the stock a hold while 12 rate it a buy. Brokers who have rated the stock have averaged $49.79 as their price target over the next twelve months.

A total of 0.45% of the company’s stock is owned by insiders.

A candlestick chart of Cameco Corp. (NYSE: CCJ) showed a price of $44.83 on Wednesday morning. During the past 12 months, Cameco Corp. has had a low of $21.22 and a high of $45.83. As of last week, the company has a debt-to-equity ratio of 0.16, a current ratio of 3.85, and a quick ratio of 3.31. The fifty day moving average price for CCJ is $39.86 and a two-hundred day moving average price translates $32.29 for the stock.

The latest earnings results from Cameco Corp. (NYSE: CCJ) was released for Sep, 2023. According to the Uranium Company, earnings per share came in at $0.23, beating analysts’ expectations of $0.09 by 0.14. This compares to -$0.04 EPS in the same period last year. The net profit margin was 11.73% and return on equity was 4.88% for CCJ. The company reported revenue of $428.61 million for the quarter, compared to $297.79 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 43.93 percent. For the current quarter, analysts expect CCJ to generate $591.96M in revenue.

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