Cameco Corporation is a leading global supplier of uranium, primarily focused on the production and processing of uranium for use in the nuclear energy industry. The company is involved in mining, refining, and marketing uranium, providing essential materials to power nuclear reactors worldwide. With a commitment to sustainable practices and innovative technologies, Cameco plays a crucial role in supporting the transition to low-carbon energy sources. The organization is also engaged in various initiatives aimed at promoting safety, environmental stewardship, and community engagement in the regions where it operates. Read More
Cameco's strategic position in the nuclear revival and its Westinghouse growth engine suggest a long-term value creation story beyond current analyst targets.
Cameco (TSX: CCO; NYSE: CCJ) released its 2024 Sustainability Report today, which communicates the initiatives and key metrics that demonstrate Cameco’s progress to date and the continual advancement of our sustainability reporting.
On Friday, the uranium fuel producer expected an increase of about $170 million for its 49% equity share of Westinghouse’s second-quarter and annual adjusted core earnings.
Wall Street opens the week on a quiet note, with major indexes steady as investors await potential trade breakthroughs during high-level U.S.-China talks in London.
Cameco shares soared over 11% from its Westinghouse subsidiary's major new reactor deal. The profit increase is tied to Westinghouse's new Czech Republic nuclear reactor project.
