The Financial Post reported that TD Securities analyst Greg Barnes raised his target price on Cameco Corp for the first time since Fukushima.
Articles Tagged "Cameco Corp."
Reuters reported that Cameco Corp. (TSX:CCO,NYSE:CCJ) today released its financial results for the third quarter of 2013. The uranium miner said that it sold 8.5 million pounds of uranium during that period, a sizeable increase from the 5.2 million pounds it sold in the year-ago quarter.
A new trade agreement between Canada and the EU is akin to a "new day" for Canada's uranium industry.
The Financial Post reported that while the price of uranium has stabilized over the last month, shares of Cameco Corp have steadily been losing value.
Canada has been a hot topic for uranium market players due to the high-grade discoveries in the Athabasca Basin. But the buzz around Canadian uranium deposits should not take precedence over the bigger picture price catalysts at play in the United States.
Rob Chang, metals and mining analyst at Cantor Fitzgerald Canada Metals and Mining, spoke with Uranium Investing News about the fundamentals at play in the uranium market and how they will lead to an inevitable increase in price.
With today's uranium prices hovering near $35 per pound of U3O8, uranium production is not at its most profitable. However, if there is one place in the world that high-grade uranium deposits have enabled producers to continue operating, it is Canada — specifically, the Athabasca Basin in Northern Saskatchewan.
Here are the top three uranium-producing mines in the world.
In this interview with The Energy Report, Cantor Fitzgerald Canada Metals and Mining Analyst Rob Chang explains what lies ahead and how the turnaround in the uranium market will benefit the companies he thinks investors should focus on for maximum profits.
Reuters reported that the largest diversified uranium miner Cameco (TSX:CCO) has announce a delay on the start date of the much anticipated high-grade Cigar Lake uranium mine in the Athabasca Basin. The mine, whose anticipated start date was in 2013, has been pushed to Q2 of 2014.