1. Homepage
  2. Equities
  3. Canada
  4. Toronto Stock Exchange
  5. Cameco Corporation
  6. News
  7. Summary
    CCO   CA13321L1085

CAMECO CORPORATION

(CCO)
  Report
Delayed Toronto Stock Exchange  -  04:00 2022-06-30 pm EDT
27.06 CAD   -3.53%
06/27Baselode Energy Up Near 10% as Intersects Radioactive Mineralization, Discovers New Near-Surface Zone at ACKIO
MT
06/27Baselode Energy Intersects Radioactive Mineralization, Discovers New Near-Surface Zone at ACKIO Discovery
MT
06/22TRANSCRIPT : Cameco Corporation Presents at PI Financial Uranium Day 3.0 - USA's Current Status & Future Potential, Jun-22-2022 12:00 PM
CI
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Cameco Corporation and Orano Canada Inc. completed the acquisition of additional 7.875% minority stake in Cigar Lake Mine from Idemitsu Canada Resources Ltd.

05/19/2022 EDT

Cameco Corporation (TSX:CCO) and Orano Canada Inc. have reached agreement to acquire a 7.875% stake in Cigar Lake Mine from Idemitsu Canada Resources Ltd for approximately CAD 190 million on May 10, 2022. Cameco's purchase cost to acquire its respective share of Idemitsu's interest in Cigar Lake is approximately CAD 107 million, subject to customary closing adjustments. Orano Canada will purchase the share of Idemitsu's interest for approximately CAD 80 million. Upon closing, Cameco's ownership stake in the Cigar Lake uranium mine in northern Saskatchewan will increase by 4.522 percentage points to 54.547%, while Orano's share will rise by 3.353 percentage points to 40.453%. TEPCO Resources Inc. retains the remaining 5% interest in the property. The acquisition is subject to certain regulatory approvals and other standard closing conditions. The transaction is expected to close in the second quarter of 2022. Fred Pletcher, Randy Morphy and Danielle Lewchuk of Borden Ladner Gervais LLP acted as a legal advisor to Cameco Corporation. Cameco Corporation (TSX:CCO) and Orano Canada Inc. completed the acquisition of additional 7.875% minority stake in Cigar Lake Mine from Idemitsu Canada Resources Ltd on May 19, 2022.


© S&P Capital IQ 2022
All news about CAMECO CORPORATION
06/27Baselode Energy Up Near 10% as Intersects Radioactive Mineralization, Discovers New Nea..
MT
06/27Baselode Energy Intersects Radioactive Mineralization, Discovers New Near-Surface Zone ..
MT
06/22TRANSCRIPT : Cameco Corporation Presents at PI Financial Uranium Day 3.0 - USA's Current S..
CI
06/22RBC Capital Markets Says Uranium Markets Under Pressure From Broad Market Volatility
MT
06/20CAMECO, GRAN TIERRA, PAREX BRIEF : New President Has Spoken About Creating An Anti-Oil Blo..
MT
06/20CAMECO, GRAN TIERRA, PAREX BRIEF : Among Canada Cos Waiting to See What Gustavo Petro's Wi..
MT
06/18CAMECO : Investor Webcast Advisory
PU
06/15RBC Capital Markets Says Uranium Prices Drop On Market Weakness
MT
06/13Kazatomprom meets with Cameco Corporation
AQ
06/07Canada Stocks Take Two Days of Gains To a Total Near 140 Points; Uranium Stocks Hot
MT
More news
Analyst Recommendations on CAMECO CORPORATION
More recommendations
Financials
Sales 2022 1 825 M 1 413 M 1 413 M
Net income 2022 51,0 M 39,5 M 39,5 M
Net cash 2022 481 M 372 M 372 M
P/E ratio 2022 96,0x
Yield 2022 0,41%
Capitalization 10 781 M 8 347 M 8 347 M
EV / Sales 2022 5,64x
EV / Sales 2023 4,69x
Nbr of Employees 1 885
Free-Float 99,9%
Chart CAMECO CORPORATION
Duration : Period :
Cameco Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CAMECO CORPORATION
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 12
Last Close Price 27,06 CAD
Average target price 45,33 CAD
Spread / Average Target 67,5%
EPS Revisions
Managers and Directors
Timothy S. Gitzel President, CEO & Non-Independent Director
Grant E. Isaac Chief Financial Officer & Senior Vice President
Ian Donald Bruce Non-Executive Chairman
Scott Bishop Director-Development & Technical Services
Brian Reilly Chief Operating Officer & Senior Vice President
Sector and Competitors
1st jan.Capi. (M$)
CAMECO CORPORATION-1.89%8 347
JSC NATIONAL ATOMIC COMPANY KAZATOMPROM-28.31%6 766
NEXGEN ENERGY LTD.-16.61%1 715
PALADIN ENERGY LTD-35.80%1 142
DENISON MINES CORP.-27.01%804
ENERGY FUELS INC.-34.37%773