STOCK TITAN

Cameco Corp. - CCJ STOCK NEWS

Welcome to our dedicated news page for Cameco (Ticker: CCJ), a resource for investors and traders seeking the latest updates and insights on Cameco.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cameco's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cameco's position in the market.

News
Rhea-AI Summary
Cameco (CCJ) files annual report with financial statements and MD&A for 2023. Plans to release management proxy circular and Modern Slavery Report. Cameco is a global uranium provider with investments in nuclear fuel cycle companies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.82%
Tags
none
-
Rhea-AI Summary
Cameco (CCO, CCJ) reported strong financial performance for 2023, with net earnings, adjusted net earnings, and cash from operations more than doubling compared to 2022. Adjusted EBITDA was up 93%. The company expects continued strong financial performance in 2024 and plans to transition to a tier-one cost structure and make necessary investments for sustainable growth. However, heightened geopolitical uncertainty, global production shortfalls, and transportation challenges in 2023 highlighted growing security of supply risk.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.93%
Tags
none
-
News
Rhea-AI Summary
Cameco (TSX: CCO; NYSE: CCJ) appoints Catherine Gignac as chair of board of directors following the passing of Ian Bruce. Gignac, a board member since 2014, brings over 30 years of experience in capital markets and the mining industry. Cameco is a leading global provider of uranium fuel for clean-air energy generation, with significant investments across the nuclear fuel cycle.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.13%
Tags
management
Rhea-AI Summary
Cameco (TSX: CCO; NYSE: CCJ) completes acquisition of Westinghouse Electric Company in partnership with Brookfield Asset Management, expecting to enhance nuclear sector growth and provide global solutions for secure, reliable, and emissions-free baseload power.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.86%
Tags
-
Rhea-AI Summary
Cameco (TSX: CCO; NYSE: CCJ) has received all required regulatory approvals for its joint acquisition of Westinghouse Electric Company with Brookfield Asset Management and expects the transaction to close soon.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.08%
Tags
-
Rhea-AI Summary
Cameco reports Q3 net earnings of $148 million and adjusted net earnings of $137 million. The company's consolidated revenue outlook for 2023 has improved due to higher average realized prices. Dominic Kieran joins Cameco as Global Managing Director of the UK subsidiary. The World Nuclear Association has increased its demand forecast for nuclear energy. Cameco is participating in international conferences and reinforcing its commitment to Energoatom in Ukraine. The company is returning to its tier-one cost structure and working towards closing the Westinghouse acquisition.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.06%
Tags
dividends earnings
Rhea-AI Summary
Cameco has signed a uranium supply agreement with China Nuclear International Corporation, a subsidiary of China National Nuclear Corporation. The contract volumes are reflected in the 215 million pounds of uranium Cameco reported having under long-term contracts as of April 27, 2023, and the reported average annual delivery volumes of 28 million pounds per year from 2023 through 2027 as of June 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Cameco board member and chair, Ian Bruce, passes away
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.53%
Tags
none
-
Rhea-AI Summary
Cameco expects reduced production at Cigar Lake mine and Key Lake mill to impact 2023 forecast. Cigar Lake mine expected to produce up to 16.3 million pounds of uranium concentrate this year, down from previous forecast of 18 million pounds. Production from McArthur River/Key Lake operations for 2023 anticipated to be 14 million pounds, down from previous forecast of 15 million pounds. Uncertainty remains for planned 2023 production at Key Lake due to various factors. Cameco maintains flexibility to source material through various means beyond production if required. Growing security of supply risk highlights the demand outlook and shift of risk from producers to utilities. The broader uranium market is moving toward replacement rate contracting for the first time in over a decade. No specific impact on stock price mentioned.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.82%
Tags
Cameco Corp.

NYSE:CCJ

CCJ Rankings

CCJ Stock Data

21.67B
432.84M
0.15%
73.47%
4.61%
Uranium-Radium-Vanadium Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
Canada
Saskatoon

About CCJ

cameco is one of the world's largest uranium producers, a significant supplier of conversion services and one of two candu fuel manufacturers in canada. our competitive position is based on controlling ownership of the world's largest high-grade uranium reserves and low-cost operations. much of our success is built on strong partnerships with aboriginal communities, particularly in northern saskatchewan. as cameco mines, mills and explores for uranium, maintaining and growing strong relationships continues to be a priority. cameco has a five-pillar approach which provides a strong foundation through business development, workforce development, community engagement, environmental stewardship and community investment that has helped secure public trust and support for our operations. cameco’s uranium products are used to generate clean electricity in nuclear power plants around the world. we also explore for uranium in the americas, australia and asia. our shares trade on the toronto