What does Cameco?
Cameco Corporation (formerly Canadian Mining and Energy Corporation) is the world’s largest publicly traded uranium company, based in Saskatoon, Saskatchewan, Canada.
What does the company Cameco do?
Cameco is one of the world’s largest providers of the uranium needed to generate clean, reliable baseload electricity around the globe. Our tier-one operations in Canada and Kazakhstan have the licensed capacity to produce more than 53 million pounds (100% basis) each year.
Is Cameco a good long term investment?
Cameco is well-positioned to continue profiting from improving uranium market fundamentals that will most likely last throughout the decade. It has ample viable reserves, a profitable business model and sustainable financial situation that can help it weather the volatile nature of the uranium industry.
What industry is Cameco?
Cameco is one of the largest global providers of the uranium fuel needed to energize a clean-air world. Utilities around the world rely on our nuclear fuel products to generate safe, reliable, emissions-free nuclear power.
Where does Cameco operate?
Cameco operations span many different segments of the nuclear fuel cycle. We currently have operations in Canada, the United States and Kazakhstan, with advanced exploration projects in Canada and Australia.
Who owns Cameco Corporation?
General Public Ownership A big stake of 41.38% in CCO is held by the general public. With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors.
Is Cameco a buy now?
Cameco has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 8 buy ratings, no hold ratings, and no sell ratings.
Does Cameco pay a dividend?
Cameco pays a dividend 1 times a year. The payment month is December. The dividend calendar shows you for more than 1,000 dividend stocks in which month which company distributes its dividends. Plan your passive income for the whole year.
How old is Cameco?
1988. Cameco is created by the merger of two Crown corporations—Saskatchewan Mining Development Corporation and Eldorado Nuclear Limited.
Is Cameco a good company?
Great company, mediocre management culture. Cameco survives on commodity pricing and hence vulnerable to the commodity specific market conditions. It is a fair employer and compensates fairly based on market conditions. Focuses on work life balance.
Who is the CEO of Cameco?
Tim Gitzel, Cameco’s president and CEO Our operations and investments span the nuclear fuel cycle, from exploration to fuel manufacturing. We hold about 455 million pounds of proven and probable reserves on three continents.
What is Cameco’s role in the transition to a net-zero carbon economy?
“We are optimistic about Cameco’s role in capturing long-term value across the fuel chain and supporting the transition to a net-zero carbon economy. We believe we have the right strategy to achieve our vision and we will do so in a manner that reflects our values.” Tim Gitzel, Cameco’s president and CEO
Why Cameco uranium?
About Cameco is one of the largest global providers of the fuel needed to energize a clean-air world. Our tier-one operations have the licensed capacity to produce more than 53 million pounds (100% basis) of uranium concentrates annually, backed by 461 million pounds of proven and probable mineral reserves (our share).
What is UO2 used for in Cameco?
Cameco is a leading supplier of uranium dioxide (UO 2) used by the Canadian operators of CANDU heavy water reactors. Cameco provides intermediate fuel services product, uranium trioxide (UO 3 ), through our Blind River refinery – the world’s largest uranium refinery.