Professional
Added to YB: 2025-05-23
Pitch date: 2025-04-28
CCJ [neutral]
Cameco Corporation
+160.69%
current return
Author Info
No bio for this author
Company Info
Cameco Corporation provides uranium for the generation of electricity in the Americas, Europe, and Asia.
Market Cap
CAD 69.5B
Pitch Price
CAD 62.57
Price Target
N/A
Dividend
0.15%
EV/EBITDA
61.27
P/E
118.16
EV/Sales
19.90
Sector
Oil, Gas and Consumable Fuels
Category
value
Aristotle Global Equity Portfolio Holding: Cameco Corporation
CCJ (holding update): Shares declined on Trump's 10% Canadian energy tariff. Concerns overstated - uranium demand inelastic, costs pass to utilities under contracts. Business insulated from spot price swings via long-term contracts. Tier-one assets in stable regions + production flexibility (MacArthur/Key Lake) maintain advantage as nuclear power adoption grows globally.
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