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Helped by surging uranium prices, Cameco stock nearly doubled last year, ... And yet, in historical terms, the fuel's price remains abnormally high. Prior to 2024, the last time uranium sold for ...
As a result, uranium prices and Cameco's stock price collapsed as a result. Long-term trends make Cameco a buy With that said, longer-term trends favor the industry.
Shares of all the biggest uranium mining stocks are selling off today in response, with Denison Mines (NYSEMKT: DNN) down 9% through 10:30 a.m. ET, Uranium Energy (NYSEMKT: UEC) falling 10.1%, and ...
Cameco Corporation (NYSE: CCJ) stock slipped 4.9% through 1:15 p.m. ET this afternoon, and it's not too hard to figure out why. Supply constraints and rising demand for uranium in late 2023 and ...
In 2016, Cameco suspended operations at its Rabbit Lake mine, due to low uranium prices. [8] In 2017, it suspended operations for at least 10 months at its McArthur River mine and Key Lake mill, [ 9 ] converting that to an indefinite shutdown in 2018 involving the layoff of about 700 staff.
A major move by the U.S. government sent Cameco stock soaring in May, and it's now up 75% in one year.
The demand for cleaner energy is on the rise. As one of the world's most abundant metals, uranium is a popular choice. What are the best uranium stocks? Find out here.
Uranium mining stocks surged higher on Wednesday, with industry bellwether Cameco (NYSE: CCJ) rising 8.2% through 2:11 p.m. ET, Denison Mines (NYSEMKT: DNN) doing even better with a 14.7% gain ...