Tag
ccj
2 articles
Cameco Shares Fall 7.9% on Margin Collapse and Guidance Cut
Uranium producer's gross margin sank to 19.7% from 27.7% as a Key Lake maintenance outage pressured costs, prompting Cameco to narrow 2026 delivery guidance and raise unit cost expectations.
Cameco Stock Down 42% Despite Uranium at 17-Year High: Buy Before Oct. 30 Earnings
CCJ shares have crashed to $78.60 while long-term uranium prices hit $96.50 per pound—the highest since 2007—setting up a major catalyst ahead of Q3 results