Previous Close | 60.11 |
Open | 60.50 |
Bid | 0.00 x 800 |
Ask | 0.00 x 1100 |
Day's Range | 57.90 - 60.78 |
52 Week Range | 35.43 - 60.98 |
Volume | |
Avg. Volume | 4,655,241 |
Market Cap | 25.369B |
Beta (5Y Monthly) | 0.89 |
PE Ratio (TTM) | 305.84 |
EPS (TTM) | 0.19 |
Earnings Date | Feb 20, 2025 |
Forward Dividend & Yield | 0.12 (0.20%) |
Ex-Dividend Date | Nov 27, 2024 |
1y Target Est | 86.43 |
Nuclear power is making a comeback. Over the past year, 31 nations have signed the Declaration to Triple Nuclear Energy, pledging to triple their nuclear energy capacity by 2050. Major financial institutions like Bank of America, Citigroup, Goldman Sachs, and Morgan Stanley are on board, amplifying this wave of support.
With Cameco (NYSE: CCJ) trading at roughly 26 times its estimated 2025 earnings, no investor is buying stock in this uranium, nuclear fuel services, and nuclear plant services company for what it is now. As such, the case for the stock doesn't just rest on a "connect the dots" approach to its metrics and the possibility of an expanded role for nuclear energy. It was supposed to be a revolution, but even the most adherent enthusiasts for a clean energy transition must concede that it's taking far longer than expected.