Type
|
Public |
---|---|
Traded as | TSX: CCO NYSE: CCJ S&P/TSX 60 component |
Industry | Mining, energy |
Predecessor | Eldorado Nuclear Limited Saskatchewan Mining Development Corporation |
Founded | 1988 |
Headquarters | Saskatoon, Saskatchewan, Canada |
Key people
|
Neil McMillan (Chairman) Tim Gitzel (President & CEO) |
Products | Uranium, electricity |
Revenue | $2.438 billion CAD (2013) |
Number of employees
|
3,300 Globally (2010) |
Website | http://www.cameco.com/ |
Cameco Corporation is the world's largest publicly traded uranium company, based in Saskatoon, Saskatchewan. In 2015, it was the world's second largest uranium producer, accounting for 18% of world production.
"Cameco - Canadian Mining and Energy Corporation" was formed in 1988 by the merger and privatization of two crown corporations: the federally owned Eldorado Nuclear Limited (known previously as Eldorado Mining and Refining Limited) and Saskatchewan-based Saskatchewan Mining Development Corporation (SMDC). The name was later shortened to "Cameco Corporation".
The new company was initially owned 62% by the provincial government and 38% by the federal government. The initial public offering (IPO) for 20% of the company was conducted in July, 1991. Government ownership of the company decreased over the next eleven years, with full privatization occurring in February, 2002.
In 1996, Cameco acquired Power Resources Inc., the largest uranium producer in the United States. This was followed in 1998 by the acquisition of Canadian-based Uranerz Exploration and Mining Limited and Uranerz U.S.A., Inc.
In 2012, it acquired a nuclear fuel intermediary Nukem Energy.
Cameco operates uranium mines in North America and Kazakhstan, including McArthur River-Key Lake, the world's largest uranium producer, and Cigar Lake, the world's highest grade uranium mine, both in Saskatchewan. Other operations in Saskatchewan include a mine and mill at Rabbit Lake, currently in care and maintenance.
In the United States, Cameco operates uranium mines in the states of Nebraska and Wyoming through its US subsidiary Cameco Resources Inc. Cameco Resources was formed in 2007 through a restructuring of two wholly owned subsidiaries, Power Resources Inc. (Wyoming) and Crow Butte Resources, Inc. (Nebraska).
In the province of Ontario, Cameco operates a uranium refinery in Blind River and a uranium conversion facility in Port Hope, which has faced opposition from some community groups. Through the Bruce Power Limited Partnership (BPLP), Cameco also participates in nuclear power generation in the province.
In 2004, Cameco spun off its gold mining operations in Kyrgyzstan, Mongolia and the USA to a newly formed public company, Centerra Gold. Cameco divested its remaining interest in Centerra on December 30, 2009.
Current (2014) members of the board of directors of Cameco Corporation are:
In January 2011, Cameco participated in the clean up of a ship-board uranium concentrate spill on the MCP Altona that had occurred on December 23, 2010.
In 2011, Cameco signed an agreement with Talvivaara Mining Company whereby Cameco would pay US$60 million to construct a uranium extraction circuit at the Talvivaara nickel-zinc mine in Sotkamo. Talvivaara would then pay back the initial construction costs in the form of uranium concentrate; once the initial costs were paid Cameco would continue to purchase the uranium concentrate at a pricing formula based on market price on the day of delivery.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q3 2022 | 2022-10-27 | Future report Set alerts | |
Q2 2022 | 2022-07-27 | 0.18 | 0.18 |
Q1 2022 | 2022-05-05 | 0.04 | 0.04 |
Q4 2021 | 2022-02-09 | 0.06 | 0.06 |
Q3 2021 | 2021-10-29 | -0.14 | -0.14 |
Q2 2021 | 2021-07-28 | -0.10 | -0.10 |
Q1 2021 | 2021-05-07 | -0.07 | -0.07 |
Q4 2020 | 2021-02-10 | 0.12 | 0.12 |
Q3 2020 | 2020-11-04 | -0.20 | 0.00 |
Q2 2020 | 2020-07-29 | -0.16 | -0.13 |
2016-06-01 | Reiterated Rating | RBC Capital | Outperform | |
2016-06-01 | Reiterated Rating | Royal Bank Of Canada | Outperform | |
2016-05-05 | Reiterated Rating | Scotiabank | Sector Perform | $16.50 to $15.50 |
2016-04-26 | Reiterated Rating | RBC Capital | Outperform | |
2016-04-26 | Reiterated Rating | Scotiabank | Sector Perform | $17.50 to $16.50 |
2016-04-23 | Reiterated Rating | CIBC | Sector Outperform | $22.00 |
2016-04-19 | Reiterated Rating | RBC Capital | Outperform | $24.00 |
2016-04-07 | Downgrade | Scotiabank | Outperform to Sector Perform | |
2016-01-30 | Reiterated Rating | RBC Capital | Outperform | $24.00 |
2016-01-07 | Reiterated Rating | RBC Capital | Outperform | |
2015-11-24 | Reiterated Rating | RBC Capital | Outperform | |
2015-11-03 | Lower Price Target | RBC Capital | Outperform | $27.00 to $24.00 |
2015-10-22 | Reiterated Rating | RBC Capital | Outperform | $27.00 |
2015-10-19 | Reiterated Rating | Canaccord Genuity | Buy | $22.00 |
2015-08-06 | Reiterated Rating | Cowen and Company | Market Perform | $19.00 to $17.00 |
2015-07-02 | Reiterated Rating | Credit Suisse | Neutral | $24.50 to $23.00 |
2015-07-02 | Reiterated Rating | Credit Suisse Group AG | Neutral | $24.50 to $23.00 |
2015-06-26 | Initiated Coverage | Goldman Sachs | Buy | $18.00 |
2015-06-26 | Initiated Coverage | Goldman Sachs Group Inc. | Buy | $18.00 |
2015-05-08 | Reiterated Rating | Canaccord Genuity | Buy | |
2015-05-07 | Reiterated Rating | Dundee Securities | Buy | $24.00 |
2015-05-07 | Reiterated Rating | RBC Capital | Outperform | $25.00 to $26.00 |
2015-05-07 | Reiterated Rating | Cantor Fitzgerald | Buy | $26.15 to $27.25 |
2015-04-30 | Upgrade | Raymond James | Market Perform to Outperform | |
2015-04-30 | Upgrade | Raymond James Financial Inc. | Market Perform to Outperform | |
2015-04-13 | Upgrade | Bank of America | Neutral to Buy | $20.00 to $23.00 |
2015-04-13 | Upgrade | Bank of America Corp. | Neutral to Buy | $20.00 to $23.00 |
2015-04-09 | Upgrade | Canaccord Genuity | Hold to Buy | $20.00 to $23.00 |
2015-04-02 | Upgrade | BMO Capital Markets | Market Perform to Outperform | |
2015-02-10 | Reiterated Rating | Scotiabank | Sector Outperform | |
2014-11-26 | Reiterated Rating | Scotiabank | Sector Outperform | |
2014-10-30 | Upgrade | Salman Partners | Hold to Buy | |
2014-10-09 | Upgrade | Dundee Securities | Neutral to Buy | |
2014-09-23 | Downgrade | Bank of America | Buy to Neutral | $26.00 to $21.00 |
2014-08-21 | Downgrade | Cowen | Outperform to Market Perform | $25 to $20 |
2014-08-21 | Downgrade | Cowen and Company | Outperform to Market Perform | $25.00 to $20.00 |
2014-08-01 | Boost Price Target | Canaccord Genuity | Hold | C$20.00 to C$21.00 |
2014-08-01 | Boost Price Target | Paradigm Capital | Buy | C$26.00 to C$28.00 |
2014-07-28 | Downgrade | Dundee Securities | Buy to Neutral | |
2014-07-25 | Downgrade | Cantor Fitzgerald | Buy to Hold | |
2014-07-17 | Lower Price Target | TD Securities | Hold | C$26.00 to C$24.00 |
2014-06-19 | Downgrade | Raymond James | Outperform to Market Perform | $28.00 to $22.00 |
2014-06-06 | Upgrade | Canaccord Genuity | Sell to Hold | |
2014-06-05 | Lower Price Target | RBC Capital | Outperform | $27.00 to $26.00 |
2014-05-01 | Downgrade | Salman Partners | Buy to Hold | |
2014-04-30 | Reiterated Rating | Scotiabank | Sector Outperform | |
2014-04-30 | Lower Price Target | Broadpoint Capital | Sell | C$23.00 to C$22.00 |
2014-04-30 | Lower Price Target | CSFB | Neutral | C$26.00 to C$25.00 |
2014-04-30 | Lower Price Target | Dundee Securities | Neutral | C$27.50 to C$25.00 |
2014-04-30 | Lower Price Target | Paradigm Capital | Buy | $28.80 to $28.00 |
2014-04-30 | Lower Price Target | Raymond James | Outperform | $29.00 to $28.00 |
2014-04-30 | Downgrade | TD Securities | Buy to Hold | $29.00 to $26.00 |
2014-03-25 | Downgrade | BMO Capital Markets | Outperform to Market Perform | $22.60 to $24.60 |
2014-02-11 | Downgrade | Cormark | Buy to Market Perform | |
2014-02-11 | Lower Price Target | Cowen and Company | Outperform | $24.00 to $22.00 |
2014-02-03 | Downgrade | Canaccord Genuity | Hold to Sell | |
2014-01-21 | Upgrade | TD Securities | Hold to Buy | |
2014-01-14 | Upgrade | Bank of America | Neutral to Buy | $22.00 to $30.00 |
2014-01-09 | Initiated Coverage | Scotiabank | Outperform | |
2013-12-11 | Initiated Coverage | FBR & Co. | Market Perform | $24.00 |
2013-09-27 | Downgrade | Bank of America | Buy to Neutral | $25.00 to $22.00 |
2012-02-13 | Reiterated | Dahlman Rose | Buy | $32 to $30 |
2010-04-05 | Downgrade | Canaccord Adams | Hold to Sell | |
2009-12-08 | Downgrade | BMO Capital Markets | Outperform to Market Perform | |
2009-10-05 | Initiated | CIBC Wrld Mkts | Sector Perform | |
2009-09-28 | Downgrade | Canaccord Adams | Buy to Hold | |
2009-04-27 | Upgrade | Canaccord Adams | Hold to Buy | |
2009-01-14 | Downgrade | CIBC Wrld Mkts | Sector Outperform to Sector Perform | |
2008-12-24 | Downgrade | Friedman Billings | Outperform to Mkt Perform | $48 to $13 |
2008-09-04 | Initiated | Sterne Agee | Hold | $35 |
2016-06-01 | Reiterated Rating | RBC Capital | Outperform | |
2016-06-01 | Reiterated Rating | Royal Bank Of Canada | Outperform | |
2016-05-05 | Reiterated Rating | Scotiabank | Sector Perform | $16.50 to $15.50 |
2016-04-26 | Reiterated Rating | RBC Capital | Outperform | |
2016-04-26 | Reiterated Rating | Scotiabank | Sector Perform | $17.50 to $16.50 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In CCJ 302 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
Mirae Asset Global Investments Co., Ltd. | 14.57M |
Vanguard Group, Inc | 13.47M |
PRICE T ROWE ASSOCIATES INC /MD/ | 11.83M |
Capital World Investors | 11.54M |
FMR LLC | 10.60M |
Global X Management CO LLC | 8.15M |
ROYAL BANK OF CANADA | 8.04M |
MORGAN STANLEY | 7.52M |
KEYBANK NATIONAL ASSOCIATION/OH | 7.02M |
GOLDMAN SACHS GROUP INC | 6.92M |
ALLIANCEBERNSTEIN L.P. | 6.55M |
MANNING & NAPIER ADVISORS LLC | 5.68M |
BANK OF MONTREAL /CAN/ | 5.53M |
DRIEHAUS CAPITAL MANAGEMENT LLC | 5.18M |
ALPS ADVISORS INC | 5.18M |