Catherine Gignac Acquires 5,500 Shares of Cameco Co. (TSE:CCO) Stock

Cameco Co. (TSE:CCO) (NYSE:CCJ) Director Catherine Gignac purchased 5,500 shares of the business’s stock in a transaction dated Friday, August 2nd. The shares were bought at an average price of C$52.99 per share, with a total value of C$291,417.50.

Cameco Price Performance

Shares of CCO traded down C$0.10 on Tuesday, reaching C$52.63. The stock had a trading volume of 2,058,813 shares, compared to its average volume of 1,289,175. Cameco Co. has a twelve month low of C$44.40 and a twelve month high of C$76.66. The firm has a market capitalization of C$22.87 billion, a PE ratio of 97.94, a PEG ratio of 2.22 and a beta of 0.93. The firm has a 50-day moving average of C$68.47 and a 200 day moving average of C$64.79. The company has a quick ratio of 3.74, a current ratio of 1.42 and a debt-to-equity ratio of 27.96.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. TD Securities upped their price objective on shares of Cameco from C$79.00 to C$80.00 in a research report on Monday, July 22nd. Raymond James increased their price target on shares of Cameco from C$74.00 to C$80.00 in a report on Tuesday, April 23rd. Cantor Fitzgerald upgraded shares of Cameco from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 31st. Royal Bank of Canada boosted their target price on Cameco from C$70.00 to C$75.00 and gave the stock an “outperform” rating in a research report on Thursday, May 2nd. Finally, Bank of America raised their price target on Cameco from C$76.00 to C$80.00 in a report on Tuesday, April 9th. Seven research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of C$77.67.

Cameco Company Profile

Cameco Corporation provides uranium for the generation of electricity. It operates through Uranium, Fuel Services, Westinghouse segments. The Uranium segment is involved in the exploration for, mining, and milling, purchase, and sale of uranium concentrate. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services.