Cameco Corp. (NYSE:CCJ) shares traded up 2.3% on Thursday . The stock traded as high as $10.97 and last traded at $10.93, with a volume of 1,114,580 shares traded. The stock had previously closed at $10.68.

Several research analysts have recently weighed in on the company. Vetr raised Cameco Corp. from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a research note on Tuesday, June 14th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Cameco Corp. in a research note on Wednesday, June 1st. Scotiabank downgraded Cameco Corp. from an “outperform” rating to a “sector perform” rating in a research note on Thursday, April 7th. Finally, Zacks Investment Research raised Cameco Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, June 14th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $18.23.

The company has a market capitalization of $4.32 billion and a P/E ratio of 37.40. The stock’s 50 day moving average is $11.22 and its 200 day moving average is $11.84.

The company also recently declared a quarterly dividend, which will be paid on Friday, July 15th. Shareholders of record on Thursday, June 30th will be given a dividend of $0.0789 per share. This is a boost from Cameco Corp.’s previous quarterly dividend of $0.07. This represents a $0.32 dividend on an annualized basis and a yield of 2.89%. The ex-dividend date of this dividend is Tuesday, June 28th.

A number of large investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP increased its stake in Cameco Corp. by 2.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,354,467 shares of the company’s stock worth $16,701,000 after buying an additional 32,021 shares during the period. I.G. Investment Management LTD. increased its stake in Cameco Corp. by 9.5% in the fourth quarter. I.G. Investment Management LTD. now owns 871,725 shares of the company’s stock worth $10,760,000 after buying an additional 75,950 shares during the period. Schroder Investment Management Group increased its stake in Cameco Corp. by 108.7% in the fourth quarter. Schroder Investment Management Group now owns 491,100 shares of the company’s stock worth $8,383,000 after buying an additional 255,800 shares during the period. Wells Fargo & Company MN increased its stake in Cameco Corp. by 9.0% in the fourth quarter. Wells Fargo & Company MN now owns 1,051,889 shares of the company’s stock worth $12,970,000 after buying an additional 86,770 shares during the period. Finally, OppenheimerFunds Inc. increased its stake in Cameco Corp. by 20.0% in the fourth quarter. OppenheimerFunds Inc. now owns 3,545,235 shares of the company’s stock worth $43,713,000 after buying an additional 590,695 shares during the period.

Cameco Corporation (Cameco) is a uranium producer. The Company is engaged in the exploration for and the development, mining, refining, conversion, fabrication and trading of uranium for sale as fuel for generating electricity in nuclear power reactors in Canada and other countries. The Company operates through three segments: uranium, fuel services and NUKEM.

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