Cameco (CCJ · NYSE)

Energy & MaterialsNYSECANADALarge

Fueling the Future

Nuclear powerhouse with rare leverage to a global energy transition

Cameco Corp

CCJ: NYSE

92.88 CAD

-5.77%

year to date

Market Cap$40.60B

Avg Volume699.72K

Price$92.88-0.38%

P/E Ratio158.40ttm

Pricing delayed 20 minutes Sep 22, 2026, 2:04 PM

Structural Uranium Shortage
Over 3.2 billion lbs of uranium must still be contracted by 2045, creating a long-term supply gap.
Vertical Nuclear Integration
Ownership in Westinghouse boosts margins and exposure to the growing SMR market.
Energy Security Champion
Non-Russian, vertically integrated, and trusted—Cameco is well-positioned as utilities de-risk sourcing.

Westinghouse Integration Risk
Complexity of integrating a new business segment may reduce focus on core uranium operations.
Geopolitical Risk
Sanctions volatility, Russia-China dynamics, and trade shifts could affect uranium flows unpredictably.
Market Timing Misperceptions
Sentiment-driven spot market remains disconnected from term prices, influencing share price noise.