Cameco Stock Slumps Despite Trump Orders Boosting Nuclear Sector Cameco's trading volume drops 46.92% to 4.50 billion ranking 191st in market activity

On May 28, 2025, Cameco (CCJ) experienced a significant decline, with its trading volume dropping by 46.92% to 4.50 billion, ranking 191st in the day's market activity. The stock price decreased by 0.10%.

Cameco's stock price saw a notable increase on Tuesday, driven by a series of executive orders signed by President Trump aimed at accelerating the development of nuclear power in the United States. These orders cover various aspects, including promoting domestic uranium mining and refining, removing regulatory obstacles for nuclear power plant construction, and restarting idled plants. Investment bank Goldman Sachs highlighted Cameco as one of the key beneficiaries of these initiatives, along with NuScale Power.

Cameco's strong position in the nuclear industry, with a well-established business in mining and importing uranium, makes it a more stable investment compared to smaller players like Oklo and NuScale Power. The company's annual revenue approaches $2.4 billion, and it has generated $181 million in earnings over the last 12 months, with a respectable $504 million in annual free cash flow. However, despite its strong financials, Cameco's price-to-free cash flow ratio remains high, raising questions about its valuation in the context of potential future growth in the nuclear industry.