Why Shares of Cameco Are Powering Higher Today
Taking a pause from signing deals with minerals companies, the U.S. government has inked a deal with (NYSE: CCJ) to facilitate growth of the nuclear energy industry. Naturally, investors are celebrating the news and sending Cameco stock higher this morning.
As of 10:49 a.m. ET, shares of Cameco are up 21.1%.
Image source: Getty Images.
Source Fool.com
Cameco Corp. Stock
€90.78
2.000%
The stock is one of the favorites of our community with 30 Buy predictions and 1 Sell predictions.
On the other hand, the target price of 86 € is below the current price of 90.78 € for Cameco Corp., so the potential is actually -5.27%.
