President Trump recently signed an executive order aimed at giving the nuclear energy industry a boost. The president wants to overhaul the Nuclear Regulatory Commission and speed up the development of new nuclear power reactors in the country.
Cameco Corporation. (NYSE:CCJ ) Bank of America Global Metals, Mining and Steel Conference May 13, 2025 10:30 AM ET Company Participants Grant Isaac - Executive Vice-President and Chief Financial Officer Conference Call Participants Unidentified Analyst So just in terms of the format, we've got a slightly funny format here.
Cameco (CCJ 0.82%) has had the wind at its back for about a decade. That time period is important to keep in mind as you examine this uranium miner.
Cameco Corporation (NYSE:CCJ ) Q1 2025 Earnings Conference Call May 1, 2025 8:00 AM ET Company Participants Cory Kos - VP, IR Tim Gitzel - President, CEO Grant Isaac - EVP, CFO Heidi Shockey - SVP, Deputy CFO Conference Call Participants Orest Wowkodaw - Scotiabank Ralph Profiti - Eight Capital Alexander Pearce - BMO Capital Markets Lawson Winder - Bank of America Securities Bob Brackett - Sanford C. Bernstein & Co Gordon Johnson - GLJ Research Craig Hutchison - TD Cowen Andrew Wong - RBC Capital Markets Operator Thank you for standing by.
With the rise of artificial intelligence (AI) algorithms and a push for investment in domestic production and manufacturing, the United States could see a surge in energy demand. As the appetite for energy grows, there are excellent investment opportunities for some of the energy sector's largest players.
CCJ's Q1 results are likely to reflect the impacts of higher uranium sales volumes, offset by lower prices.
Cameco (CCJ) closed at $40.18 in the latest trading session, marking a +1.44% move from the prior day.
Cameco Corporation is well-positioned for long-term growth due to its dominant position and focus on long-term contracts in the uranium market. Despite mixed FY2024 results, Cameco's strong revenue growth and constantly expanding contract portfolio highlight its strategic advantages. Cameco's lower production costs and extensive industry experience make it a strong choice for risk-averse utilities, helping keep its market leadership.
With artificial intelligence (AI) increasing demand for electricity, nuclear energy is becoming a more viable option. In fact, all three big cloud computing companies have announced major investments in nuclear power.
If you want to invest in the potential growth of the nuclear power industry but don't want to take on the risk of a reactor start-up like NuScale Power or own a "boring" regulated utility, you'll want to get to know Cameco (CCJ -1.85%). Without the nuclear fuel that Cameco produces, nuclear power plants can't run.
The latest trading day saw Cameco (CCJ) settling at $42.63, representing a -1.43% change from its previous close.
In the latest trading session, Cameco (CCJ) closed at $44.85, marking a +1.49% move from the previous day.