Cameco Reaches Record High Amid Uranium Rally and US Policy Support
ByAinvest
Tuesday, Feb 3, 2026 10:36 pm ET1min read
CCJ--
Cameco stock hit an all-time high as nuclear fuel prices climbed sharply, driven by U.S. government actions supporting domestic uranium supply and expanding nuclear energy capacity. The market reaction highlights how policy decisions and fuel pricing are feeding into sentiment around major uranium suppliers. Key questions now focus on the sustainability of current uranium pricing and U.S. policy support, with future updates on government programs, contracting activity, and production decisions expected to impact TSX:CCO.
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