CCJ Chart
About

Cameco Corporation provides uranium for the generation of electricity in the Americas, Europe, and Asia. It operates in three segments: Uranium, Fuel Services, and Westinghouse. The Uranium segment engages in the exploration for, mining, milling, purchase, and sale of uranium concentrate. Its Fuel Services segment is involved in the refining, conversion, and fabrication of uranium concentrate, as well as purchase and sale of conversion services. The Westinghouse segment operates as a nuclear reactor technology original equipment manufacturer and a provider of products and services to commercial utilities and government agencies. It also provides outage and maintenance, engineering support, instrumentation and controls equipment, and plant modification services, as well as components and parts to nuclear reactors. The company sells its uranium and fuel products and services to nuclear utilities. Cameco Corporation was incorporated in 1987 and is headquartered in Saskatoon, Canada.

Fundamentals
Scroll to Statements
Sector Energy Industry Uranium Market Cap 53.38B
Enterprise Value 52.53B Income 589.58M Sales 3.48B
Book/sh 11.58 Cash/sh 2.79 Dividend Yield 14.00%
Payout 17.78% Employees — IPO —
P/E 124.98 Forward P/E 66.39 PEG —
P/S 15.33 P/B 10.58 P/C —
EV/EBITDA 57.65 EV/Sales 15.09 Quick Ratio 1.51
Current Ratio 2.47 Debt/Eq 14.67 LT Debt/Eq —
EPS (ttm) 0.98 EPS next Y 1.84 EPS Growth 45.30%
Revenue Growth 1.50% Earnings 2026-05-05 ROA 3.59%
ROE 8.89% ROIC — Gross Margin 36.28%
Oper. Margin 13.63% Profit Margin 16.93% Shs Outstand 435.53M
Shs Float 434.49M Short Float — Short Ratio 1.98
Short Interest — 52W High 135.24 52W Low 35.00
Beta 1.10 Avg Volume 4.07M Volume 1.07M
Target Price $125.54 Recom Buy Prev Close $121.08
Price $122.48 Change 1.16%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$125.55
Mean price target
2. Current target
$122.48
Latest analyst target
3. DCF / Fair value
$19.84
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$122.48
Low
$82.44
High
$159.45
Mean
$125.55

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-18 reit GLJ Research Buy → Buy $171
2026-02-17 main RBC Capital Outperform → Outperform $160
2025-11-13 main RBC Capital Outperform → Outperform $150
2025-11-10 init UBS — → Neutral $140
2025-10-31 main RBC Capital Outperform → Outperform $160
2025-10-29 main Goldman Sachs Buy → Buy $109
2025-09-09 init CLSA — → Outperform $102
2025-08-01 main RBC Capital Outperform → Outperform $110
2025-06-20 main RBC Capital Outperform → Outperform $100
2025-06-12 reit GLJ Research Buy → Buy $75
2025-06-11 main Goldman Sachs Buy → Buy $78
2025-05-20 init Goldman Sachs — → Buy $65
2025-03-12 main GLJ Research Buy → Buy $76
2025-03-04 reit RBC Capital Outperform → Outperform $90
2024-08-19 main Scotiabank Outperform → Outperform $80
2024-08-14 reit GLJ Research Buy → Buy $64
2024-06-26 main B of A Securities Buy → Buy $61
2024-06-07 main Goldman Sachs Buy → Buy $62
2024-04-01 init Goldman Sachs — → Buy $55
2023-10-03 main TD Securities Action List Buy → Action List Buy $70
Insider Transactions

No recent insider transactions.

Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems7.28M-39.15M13.30M6.15M
TaxRateForCalcs0.240.330.260.26
NormalizedEBITDA1.14B784.21M748.23M307.74M
TotalUnusualItems30.16M-118.63M51.30M23.47M
TotalUnusualItemsExcludingGoodwill30.16M-118.63M51.30M23.47M
NetIncomeFromContinuingOperationNetMinorityInterest589.58M171.85M360.85M89.38M
ReconciledDepreciation293.09M280.70M220.32M177.38M
ReconciledCostOfRevenue2.51B2.35B2.03B1.63B
EBITDA1.17B665.58M799.52M331.21M
EBIT872.98M384.88M579.20M153.83M
NetInterestIncome-92.00M-125.94M-4.20M-48.23M
InterestExpense95.72M128.16M92.05M69.04M
InterestIncome23.17M21.23M111.67M37.50M
NormalizedIncome566.70M251.33M322.85M72.06M
NetIncomeFromContinuingAndDiscontinuedOperation589.58M171.85M360.85M89.38M
TotalExpenses2.86B2.62B2.30B1.85B
TotalOperatingIncomeAsReported618.14M510.11M282.86M15.05M
DilutedAverageShares435.58M435.96M435.36M407.13M
BasicAverageShares435.36M434.87M433.38M405.49M
DilutedEPS1.350.390.830.22
BasicEPS1.350.400.830.22
DilutedNIAvailtoComStockholders589.58M171.85M360.85M89.38M
NetIncomeCommonStockholders589.58M171.85M360.85M89.38M
NetIncome589.58M171.85M360.85M89.38M
MinorityInterests35.00K11.00K31.00K118.00K
NetIncomeIncludingNoncontrollingInterests589.54M171.84M360.82M89.26M
NetIncomeContinuousOperations589.54M171.84M360.82M89.26M
TaxProvision187.72M84.87M126.34M-4.47M
PretaxIncome777.26M256.72M487.15M84.80M
OtherIncomeExpense248.00M-128.50M206.30M117.46M
OtherNonOperatingIncomeExpenses1.46M975.00K546.00K-302.00K
SpecialIncomeCharges-3.12M-1.04M-2.19M22.29M
GainOnSaleOfPPE-3.12M-1.04M-2.19M-514.00K
RestructuringAndMergernAcquisition0.00-22.80M0.00
EarningsFromEquityInterest216.39M-10.84M154.46M93.99M
GainOnSaleOfSecurity33.28M-117.59M53.48M1.18M
NetNonOperatingInterestIncomeExpense-92.00M-125.94M-4.20M-48.23M
TotalOtherFinanceCost19.46M19.01M23.82M16.69M
InterestExpenseNonOperating95.72M128.16M92.05M69.04M
InterestIncomeNonOperating23.17M21.23M111.67M37.50M
OperatingIncome621.26M511.16M285.05M15.56M
OperatingExpense349.01M271.43M276.62M217.73M
OtherOperatingExpenses-703.00K-18.26M10.04M33.52M
ResearchAndDevelopment38.47M36.54M21.04M12.18M
SellingGeneralAndAdministration311.25M253.15M245.54M172.03M
GeneralAndAdministrativeExpense311.25M253.15M245.54M172.03M
OtherGandA311.25M253.15M245.54M172.03M
GrossProfit970.27M782.58M561.67M233.29M
CostOfRevenue2.51B2.35B2.03B1.63B
TotalRevenue3.48B3.14B2.59B1.87B
OperatingRevenue3.48B3.14B2.59B1.87B
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber435.46M435.31M434.18M432.52M
ShareIssued435.46M435.31M434.18M432.52M
NetDebt680.83M1.22B92.33M
TotalDebt996.35M1.28B1.78B997.00M
TangibleBookValue6.87B6.32B6.05B5.79B
InvestedCapital7.90B7.65B7.88B6.83B
WorkingCapital1.57B737.43M652.79M2.76B
NetTangibleAssets6.87B6.32B6.05B5.79B
CommonStockEquity6.90B6.36B6.09B5.84B
TotalCapitalization7.90B7.36B7.38B6.83B
TotalEquityGrossMinorityInterest6.90B6.36B6.09B5.84B
MinorityInterest15.00K26.00K4.00K11.00K
StockholdersEquity6.90B6.36B6.09B5.84B
OtherEquityInterest144.94M118.89M-15.28M34.65M
RetainedEarnings3.61B3.10B2.98B2.70B
AdditionalPaidInCapital211.41M210.78M215.68M224.69M
CapitalStock2.94B2.94B2.91B2.88B
CommonStock2.94B2.94B2.91B2.88B
TotalLiabilitiesNetMinorityInterest3.40B3.54B3.84B2.80B
TotalNonCurrentLiabilitiesNetMinorityInterest2.33B2.36B2.65B2.24B
OtherNonCurrentLiabilities377.95M363.50M343.42M216.16M
LongTermDebtAndCapitalLeaseObligation996.35M995.58M1.28B997.00M
LongTermDebt996.35M995.58M1.28B997.00M
LongTermProvisions953.41M997.83M1.02B1.02B
CurrentLiabilities1.07B1.19B1.19B560.84M
OtherCurrentLiabilities134.67M221.82M48.54M131.32M
CurrentDebtAndCapitalLeaseObligation285.71M499.82M
CurrentDebt285.71M499.82M
OtherCurrentBorrowings499.82M
LineOfCredit285.71M
CurrentProvisions47.65M37.97M39.11M48.30M
PayablesAndAccruedExpenses887.87M640.26M601.63M381.21M
Payables887.87M640.26M601.63M381.21M
OtherPayable127.05M121.64M108.86M65.18M
DuetoRelatedPartiesCurrent553.58M367.56M99.85M59.57M
TotalTaxPayable16.52M21.23M24.08M6.50M
AccountsPayable190.72M129.83M368.85M249.96M
TotalAssets10.30B9.91B9.93B8.63B
TotalNonCurrentAssets7.66B7.98B8.09B5.31B
OtherNonCurrentAssets647.25M595.90M613.77M595.51M
NonCurrentDeferredAssets666.46M843.13M892.86M984.07M
NonCurrentDeferredTaxesAssets666.46M843.13M892.86M984.07M
NonCurrentAccountsReceivable595.51M577.53M
InvestmentsAndAdvances2.99B3.22B3.17B210.97M
InvestmentinFinancialAssets613.77M595.51M577.53M
LongTermEquityInvestment2.99B3.22B3.17B210.97M
InvestmentsinJointVenturesatCost2.90B0.00
InvestmentsinAssociatesatCost273.81M210.97M233.24M
GoodwillAndOtherIntangibleAssets36.16M39.82M43.58M47.12M
OtherIntangibleAssets36.16M39.82M43.58M47.12M
NetPPE3.33B3.29B3.37B3.47B
AccumulatedDepreciation-6.63B-6.45B-6.15B-5.95B
GrossPPE9.95B9.74B9.52B9.43B
Leases9.48M7.71M8.33M5.96M
ConstructionInProgress355.77M265.67M237.28M234.59M
OtherProperties290.00K507.00K401.00K1.56M
MachineryFurnitureEquipment3.22B3.11B2.99B2.90B
LandAndImprovements5.28B5.29B5.21B5.20B
CurrentAssets2.64B1.92B1.84B3.32B
RestrictedCash156.27M239.00M233.26M
Inventory1.01B972.25M841.61M822.61M
OtherInventories2.36M458.00K433.00K425.00K
FinishedGoods181.38M146.61M108.71M80.14M
RawMaterials829.59M825.18M732.47M742.04M
Receivables411.42M350.47M433.47M217.18M
OtherReceivables44.69M9.65M11.93M42.58M
TaxesReceivable28.31M31.25M7.75M6.91M
AccountsReceivable338.43M309.57M413.79M167.69M
CashCashEquivalentsAndShortTermInvestments1.21B600.46M566.81M2.28B
OtherShortTermInvestments99.60M0.000.001.14B
CashAndCashEquivalents1.11B600.46M566.81M1.14B
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow1.08B693.65M534.50M161.16M
RepaymentOfDebt-287.97M-1.04B-2.43M-2.91M
IssuanceOfDebt0.00497.02M816.58M0.00
IssuanceOfCapitalStock2.17M16.66M27.54M962.92M
CapitalExpenditure-333.02M-211.63M-153.63M-143.45M
EndCashPosition1.11B600.46M566.81M1.14B
BeginningCashPosition600.46M566.81M1.14B1.25B
EffectOfExchangeRateChanges-17.59M23.23M31.04M13.18M
ChangesInCash531.99M10.42M-607.90M-116.96M
FinancingCashFlow-442.93M-688.42M748.81M869.26M
CashFlowFromContinuingFinancingActivities-442.93M-688.42M748.81M869.26M
InterestPaidCFF-52.64M-88.82M-40.80M-38.86M
ProceedsFromStockOptionExercised9.63M26.77M
CashDividendsPaid-104.48M-69.64M-52.08M-51.90M
CommonStockDividendPaid-104.48M-69.64M-52.08M-51.90M
NetCommonStockIssuance2.17M16.66M27.54M962.92M
CommonStockIssuance2.17M16.66M27.54M962.92M
NetIssuancePaymentsOfDebt-287.97M-546.62M814.15M-2.91M
NetLongTermDebtIssuance-287.97M-546.62M814.15M-2.91M
LongTermDebtPayments-287.97M-1.04B-2.43M-2.91M
LongTermDebtIssuance0.00497.02M816.58M0.00
InvestingCashFlow-433.52M-206.44M-2.04B-1.29B
CashFlowFromContinuingInvestingActivities-433.52M-206.44M-2.04B-1.29B
NetOtherInvestingChanges-1.14M4.82M1.00M-2.00M
NetInvestmentPurchaseAndSale-99.60M0.001.14B-1.04B
PurchaseOfInvestment-1.04B-59.92M
NetBusinessPurchaseAndSale0.00-3.03B-101.68M0.00
PurchaseOfBusiness0.00-3.03B-101.68M0.00
NetPPEPurchaseAndSale-332.78M-211.26M-153.56M-142.67M
SaleOfPPE245.00K377.00K69.00K780.00K
PurchaseOfPPE-333.02M-211.63M-153.63M-143.45M
OperatingCashFlow1.41B905.29M688.14M304.61M
CashFlowFromContinuingOperatingActivities1.41B905.29M688.14M304.61M
TaxesRefundPaid-90.21M-38.49M70.37M-1.52M
InterestReceivedCFO23.17M21.23M113.80M35.44M
DividendReceivedCFO446.75M185.45M113.64M117.70M
ChangeInWorkingCapital237.03M-11.57M-26.57M-110.36M
ChangeInPayablesAndAccruedExpense232.14M21.40M169.04M16.40M
ChangeInInventory20.15M-111.53M46.80M-226.36M
ChangeInReceivables-15.25M78.56M-242.42M99.60M
ChangesInAccountReceivables-15.25M78.56M-242.42M99.60M
OtherNonCashItems8.95M108.47M-64.65M82.82M
StockBasedCompensation9.66M6.78M3.69M3.32M
ProvisionandWriteOffofAssets-8.41M
DeferredTax187.72M84.87M126.34M-4.47M
DeferredIncomeTax187.72M84.87M126.34M-4.47M
DepreciationAmortizationDepletion293.09M280.70M220.32M177.38M
DepreciationAndAmortization293.09M280.70M220.32M177.38M
OperatingGainsLosses-297.28M96.00M-229.62M-84.97M
EarningsLossesFromEquityInvestments-216.39M10.84M-154.46M-93.99M
GainLossOnInvestmentSecurities-145.75M149.63M-61.66M82.64M
NetForeignCurrencyExchangeGainLoss61.74M-65.52M-15.69M-74.13M
NetIncomeFromContinuingOperations589.54M171.84M360.82M89.26M
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Public Trades for CCJ
Date User Asset Broker Type Position Size Entry Price Patterns