Cameco (TSE:CCO) (NYSE:CCJ) is set to release its earnings data after the market closes on Friday, February 8th. Analysts expect Cameco to post earnings of C$0.25 per share for the quarter.
Shares of CCO opened at C$16.74 on Thursday. The stock has a market capitalization of $6.63 billion and a P/E ratio of -119.57. The company has a debt-to-equity ratio of 30.93, a current ratio of 2.14 and a quick ratio of 1.45. Cameco has a 52-week low of C$10.50 and a 52-week high of C$17.12.
A number of brokerages recently issued reports on CCO. CIBC increased their target price on shares of Cameco from C$14.00 to C$16.00 in a research report on Wednesday, November 7th. Royal Bank of Canada increased their target price on shares of Cameco from C$15.00 to C$16.00 and gave the company a “sector perform” rating in a research report on Monday, November 5th. Finally, Raymond James reiterated an “outperform” rating and issued a C$18.00 target price on shares of Cameco in a research report on Monday, November 5th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of C$16.06.
Cameco Company Profile
Cameco Corporation produces and sells uranium worldwide. The company operates through three segments: Uranium, Fuel Services, and NUKEM. The Uranium segment is involved in the exploration for, mining, and milling, as well as purchase and sale of uranium concentrates. Its operating uranium properties include the Cigar Lake property located in Saskatchewan, Canada; the Inkai property situated in Kazakhstan; the Smith Ranch-Highland property located in Wyoming, the United States; and the Crow Butte property situated in Nebraska, the United States.
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