Cameco's Trading Volume Surges 71.11% to $348 Million, Securing 282nd Spot in Daily Rankings

On June 3, 2025, Cameco's trading volume reached $348 million, marking a 71.11% increase from the previous day. This surge placed Cameco at the 282nd position in terms of trading volume for the day. The stock price of Cameco (CCJ) rose by 2.58%.

Cameco Corp's stock price experienced significant volatility on June 3, reaching an intraday high of $60.97 before closing at $60.05. This price movement reflects a 4.00% decrease from its 52-week high of $62.55 and a 71.57% increase from its 52-week low of $35.00. The trading volume for the day was 3,811,414 shares, which is 78.6% of the average daily volume of 4,850,936 shares.

Analysts have provided varying price targets for Cameco Corp, with an average target price of $59.25. This target suggests a potential downside of 1.32% from the current stock price of $60.05. The highest estimate is $66.60, while the lowest is $47.42. Additionally, the consensus recommendation from 13 brokerage firms indicates an "Outperform" status for Cameco Corp, with an average brokerage recommendation of 1.7 on a scale where 1 signifies a Strong Buy and 5 denotes a Sell.

GuruFocus estimates the GF Value for Cameco Corp to be $51.52 in one year, implying a downside of 14.2% from the current price. This estimate is based on historical trading multiples, past business growth, and future performance projections. It is important to note that this analysis is not tailored financial advice and does not consider individual investment objectives or financial circumstances. The objective is to provide long-term, fundamental data-driven analysis, although it may not incorporate the most recent company announcements or qualitative information.