Cameco Downgraded As Uranium Prices Drop

The Globe and Mail reported that uranium giant, Cameco, has been downgraded as analysts lower their expectations of a reboot in the uranium sector.

As quoted in the market news:

TD Securities has taken note, and today downgraded Cameco Corp. to a “hold” from a “buy.” Analyst Greg Barnes also slashed his price target on the stock by $6 to $24.

Cameco shares have responded, falling nearly 5 per cent.

Click here to read the full report. 

Get the Latest Uranium Investing Stock Information

Get the latest information about companies associated with Uranium Investing delivered directly to your inbox.

+ see more

Select All Select None

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Comments

Leave a Reply