Cameco Corp Stock Today

CCO Stock  CAD 84.01  1.07  1.26%   

Performance

20 of 100

 
Weak
 
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Solid

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
Cameco Corp is selling at 84.01 as of the 25th of November 2024; that is 1.26% down since the beginning of the trading day. The stock's open price was 85.08. Cameco Corp has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Cameco Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Energy
The company operates in two segments, Uranium and Fuel Services. Cameco Corporation was incorporated in 1987 and is headquartered in Saskatoon, Canada. CAMECO CORP operates under Uranium classification in Canada and is traded on Toronto Stock Exchange. It employs 1885 people. The company has 435.19 M outstanding shares of which 4.38 M shares are currently shorted by private and institutional investors with about 3.69 days to cover all short positions. More on Cameco Corp

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Cameco Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Cameco Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cameco Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOTimothy Gitzel
Business ConcentrationOil, Gas & Consumable Fuels, Uranium, Energy, Energy, Oil, Gas & Consumable Fuels, Uranium, Energy (View all Sectors)
Cameco Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Cameco Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Cameco Corp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cameco Corp's financial leverage. It provides some insight into what part of Cameco Corp's total assets is financed by creditors.
Liquidity
Cameco Corp cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Cameco Corp has accumulated 1.79 B in total debt with debt to equity ratio (D/E) of 0.21, which may suggest the company is not taking enough advantage from borrowing. Cameco Corp has a current ratio of 4.68, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Cameco Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Cameco Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cameco Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cameco to invest in growth at high rates of return. When we think about Cameco Corp's use of debt, we should always consider it together with cash and equity.

Dividends Paid

77.3 Million
Cameco Corp (CCO) is traded on Toronto Exchange in Canada and employs 22 people. Cameco Corp is listed under Oil, Gas & Consumable Fuels category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 36.56 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cameco Corp's market, we take the total number of its shares issued and multiply it by Cameco Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Cameco Corp operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 435.19 M outstanding shares of which 4.38 M shares are currently shorted by private and institutional investors with about 3.69 days to cover all short positions. Cameco Corp has accumulated about 441.86 M in cash with 647.34 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.0.
Check Cameco Corp Probability Of Bankruptcy
Ownership Allocation
Cameco Corp holds a total of 435.19 Million outstanding shares. The majority of Cameco Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Cameco Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Cameco Corp. Please pay attention to any change in the institutional holdings of Cameco Corp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Cameco Ownership Details

Cameco Corp Risk Profiles

Although Cameco Corp's alpha and beta are two of the key measurements used to evaluate Cameco Corp's performance over the market, the standard measures of volatility play an important role as well.

Cameco Stock Against Markets

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Cameco Corp Corporate Directors

Donald DerangerIndependent DirectorProfile
James GowansIndependent DirectorProfile
Daniel CamusIndependent DirectorProfile
Catherine GignacIndependent DirectorProfile
When determining whether Cameco Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Cameco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cameco Corp Stock. Highlighted below are key reports to facilitate an investment decision about Cameco Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cameco Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Cameco Stock, please use our How to Invest in Cameco Corp guide.
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Please note, there is a significant difference between Cameco Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cameco Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cameco Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.