

Amova Asset Management Americas Inc. boosted its position in shares of Cameco Corporation (NYSE: CCJ) (TSE: CCO) by 37.7% in the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 522,864 shares of the basic materials company's stock after buying an additional 143,113 shares during

The U.S. Department of Energy (DOE) published the approved voluntary agreement that formally establishes the Nuclear Fuel Cycle Consortium under the Defense Production Act (DPA). While the name centers on fuel production, the framework and its broad list of participants reach across the entire nuclear value chain.

More than a year after the federal government renewed a push toward nuclear energy, the industry is building momentum thanks to a streamlined process for reactor authorization, an ambitious goal of 300 additional gigawatts of capacity by 2050, and more. The timing is crucial, as AI electricity demand continues to grow and low-carbon energy generation via nuclear facilities is particularly appealing in these contexts.

CCJ restarts Cigar Lake and McClean Lake operations, maintaining 2026 output targets after a temporary mill disruption.

SASKATOON, Saskatchewan--(BUSINESS WIRE)---- $CCJ #cameco--Cameco (TSX: CCO; NYSE: CCJ) today announced our Cigar Lake mine in northern Saskatchewan has resumed production activities following a temporary suspension due to challenges at Orano's McClean Lake mill, where Cigar Lake ore is processed. The McClean Lake mill has now resumed operations. Cigar Lake has begun shipping stockpiled ore to the mill and has restarted production at the mine. Our 2026 production outlook range for Cigar Lake has not been impact.

Energy Fuels' uranium growth, rare earth expansion and improving costs make it a stronger pick than Cameco, despite a higher valuation.

In the latest trading session, Cameco (CCJ) closed at $90.2, marking a -6.03% move from the previous day.

Cameco Corporation remains a top nuclear sector pick, with a Strong Buy rating and a raised price target of $160. CCJ's transformation extends beyond uranium mining, with Westinghouse and Fuel Services driving diversification and recurring revenue streams. Q1 results confirmed strong uranium production, minimal external purchases, and a 33% YoY EBITDA increase from Westinghouse.
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