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Stock impact report

Could Westinghouse Be the Game Changer in Cameco's Growth Story? [Yahoo! Finance]

Cameco Corporation (CCJ) 
Last cameco corporation earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: cameco.com/invest
Company Research Source: Yahoo! Finance
But the Canadian uranium miner did something recently that could be a very important game changer over the long term. Here's why Cameco's growth story could be better today than it ever has been. Historically speaking, Cameco has been a miner . The product it pulls from the ground is uranium, which it also processes into nuclear fuel. Although the company's business is largely driven by long-term contracts, those contracts are still based on the price of a volatile commodity. Thus, Cameco's financial results have largely been driven by the swings in uranium prices. Given the high-profile events that take place in the nuclear power industry , most notably nuclear plant meltdowns, uranium prices have a habit of rising and then suddenly falling into deep Read more
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