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Updated · MarketWatch · Apr 30Cameco shares rise 6.81% and outperform Canadian market
2 articles · Updated · MarketWatch · Apr 30
- The stock closed at C$166.98 on Thursday as the S&P/TSX Composite Index gained 1.94% to 33,964.33.
- Cameco ended the session 8.6% below its 52-week high of C$182.72, reached on 29 January.
- Trading volume was 970,137 shares, above the 50-day average of 932,630, indicating stronger-than-usual investor activity.
With mining output cut, can Cameco's Westinghouse bet truly justify its soaring stock price? As the West bans Russian uranium, is it just trading one supply dependency for another? Can the world build a new nuclear fuel supply chain fast enough for the AI revolution?