CCO:TSXCameco Corporation analysis
Data as of Sep 4, 2026 - not real-time
- Latest price
- CA$139.44
- Risk: high
- 9/10High risk
Summary
Cameco Corporation trades at CAD 139.44, with its moving averages tangled rather than clearly stacked — a neutral trend structure. The last 30 days have gained 10.8%. With RSI at 53.2 the momentum picture is neutral, alongside a bearish MACD signal. Watch CAD 129.75 as support and CAD 154.65 as the nearer resistance level.
Multiples put this in overvalued territory: 174.3 times earnings against the sector's 17.8. Consensus targets land 28.9% above where the shares trade now. Revenue is contracting at 7.2% on a 10.2% profit margin. The 0.17% dividend yield looks covered by current payout levels.
On a 1-10 scale the risk profile lands at 9 — high. With 30-day volatility of 47.4%, a beta of 2.12 and a maximum drawdown of 34.6%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
Timeframes disagree: the short-term read is sell while the long-term read is hold, conviction 3 out of 10.
Multiples put this in overvalued territory: 174.3 times earnings against the sector's 17.8. Consensus targets land 28.9% above where the shares trade now. Revenue is contracting at 7.2% on a 10.2% profit margin. The 0.17% dividend yield looks covered by current payout levels.
On a 1-10 scale the risk profile lands at 9 — high. With 30-day volatility of 47.4%, a beta of 2.12 and a maximum drawdown of 34.6%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
Timeframes disagree: the short-term read is sell while the long-term read is hold, conviction 3 out of 10.
Top market events
- Dominique Minière has resigned from Cameco’s Board of Directors after roughly three years of service.
- Cameco’s exposure to U.S. Saudi nuclear deal through Westinghouse Cameco TSX:CCO is in focus after attention turned...
- ECB and Eurozone inflation pressures are back in focus, with a potential September rate hike on the table.
Market outlook
Short term
< 1 yearCautious
Model confidence4/104 out of 10
Key factors
- Trading below the 200-day average of 146.09
- MACD momentum is negative
- 30-day price change of +10.8%
Medium term
1–3 yearsCautious
Model confidence4/104 out of 10
Key factors
- P/E of 174.3 versus sector average of 17.8
- Trading below the 200-day average of 146.09
- Analyst targets imply +28.9% versus the current price
Long term
> 3 yearsNeutral
Model confidence3/103 out of 10
Key factors
- P/E of 174.3 versus sector average of 17.8
- Analyst targets imply +28.9% versus the current price
- Revenue contracting at -7.2%
Key metrics
Financial health
Revenue Growth-7.20%
Profit Margin10.21%
P/E Ratio174.3
ROE5.11%
ROA2.98%
Debt/Equity17.13
P/B Ratio8.5
Op. Cash FlowCA$941.8M
Free Cash FlowCA$50.0M
Industry P/E17.8
Technical analysis
TrendNeutral
RSI53.2
SupportCA$129.75
ResistanceCA$154.65
MA 20CA$138.42
MA 50CA$134.02
MA 200CA$146.09
MACDBearish
VolumeStable
Fear & Greed Index95.48
Valuation
Fair ValueCA$1.20
Target PriceCA$179.73
Upside/Downside28.90%
GradeOvervalued
TypeGrowth
Dividend Yield0.17%
Risk assessment
Beta2.12
Volatility47.38%
Sector RiskHigh
Reg. RiskHigh
Geo RiskLow
Currency RiskMedium
Liquidity RiskLow
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.