Cameco (CCJ) Stock Drops Amid Uranium Sector Decline

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Dec 09, 2024
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Cameco (CCJ, Financial) shares experienced a significant drop of 5.26%, trading at $57.85 with a volume of 2.919 million shares and a turnover rate of 0.67%. The stock's recent financial report showed revenue of $528 million, net profit of $5.45 million, and earnings per share of $0.01, with a gross profit of $111 million and a P/E ratio of 301.59. Among 16 rating institutions, 94% recommend buying, while 6% suggest holding. The uranium sector, where Cameco operates, fell by 3.83%. Notable performers in this sector include Uranium Royalty Corp. and Energy Fuels Inc., while Centrus Energy Corp. showed a high volatility of 8.05%.

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