Why Cameco Stock Dropped Today
Shares of Cameco (NYSE: CCJ), the Canadian uranium mining company, tumbled 3.8% through 12:35 p.m. ET Thursday despite breezing past earnings forecasts this morning.
Analysts forecast Cameco would earn $0.52 per share in Canadian dollars in Q2, but the company actually earned C$0.71 -- more than five times last year's Q2 profit, according to The Fly. Revenue for the quarter was C$877 million.
Image source: Getty Images.
Source Fool.com
Cameco Corp. Aktie
84,24 €
3,42 %
Die Community zeigt großes Interesse an Cameco Corp. mit vielen Buy- und wenigen Sell-Einschätzungen.
Das Kursziel von 122 € für Cameco Corp. impliziert eine deutliche Steigerung um über 20% gegenüber 84.24 €.
