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Added to YB: 2024-07-30

Pitch date: 2024-06-30

CCJ [bullish]

Cameco Corporation

+84.88%

current return

Author Info

No bio for this author

Company Info

Cameco Corporation provides uranium for the generation of electricity. It operates through three segments: Uranium, Fuel Services, and Westinghouse.

Market Cap

CAD 50.7B

Pitch Price

CAD 49.49

Price Target

N/A

Dividend

0.14%

EV/EBITDA

44.34

P/E

96.40

EV/Sales

14.71

Sector

Oil, Gas and Consumable Fuels

Category

growth

Show full summary:
Aristotle Capital International Equity Portfolio Holding: Cameco Corporation

CCJ: Top uranium producer, 25%+ YoY production growth. Long-term contracts up to 28M lbs/yr thru 2028. Increasing volumes at higher prices, lowering costs. Westinghouse integration enhances fuel offering. Rising nuclear support globally. Poised for higher FCF, de-risked balance sheet. Catalyst: volume growth at better prices.

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