Supply still too high

CAMECO CORP. $13.31 (Toronto symbol CCO; TSINetwork Rating: Extra Risk) (306-956- 6200; www.cameco.com; Shares outstanding: 395.8 million; Market cap: $5.3 billion; Dividend yield 0.7%) is now up almost 40% since late October 2017. That’s when Kazakhstan said it would drop uranium production at its state-owned… Read More

Gold is a better bet than uranium

CAMECO CORP. $11.30 (Toronto symbol CCO; TSINetwork Rating: Extra Risk) (306-956-6200; www.cameco. com; Shares outstanding: 395.8 million; Market cap: $4.6 billion; Dividend yield 0.7%) is the world’s biggest uranium producer. It has large, high-grade reserves spread across several mining sites, but also has low-cost operations… Read More

Cameco gives up gains

CAMECO CORP. $14.39 (Toronto symbol CCO; TSINetwork Rating: Extra Risk) (306-956-6200; www.cameco.com; Shares o/s: 395.8 million; Market cap: $5.7 billion; Dividend yield 2.8%) rose as high as $17.67 in January—up almost 22%—following Kazakhstan’s announcement it will cut uranium production by 10% for 2017.
The shares have… Read More