CCJ

Company Overview — What Does CAMECO CORP Do?

Cameco Corporation produces and sells uranium. It operates through two segments, Uranium and Fuel Services. The Uranium segment is involved in the exploration for, mining, and milling, as well as purchase and sale of uranium concentrate. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services. This segment also produces fuel bundles or reactor components for CANDU reactors. The company sells its uranium and fuel services to nuclear utilities in the Americas, Europe, and Asia. Cameco Corporation was incorporated in 1987 and is headquartered in Saskatoon, Canada. CAMECO CORP (CCJ) is classified as a large-cap stock in the Materials sector, specifically within the Non-Metallic And Industrial Metal Mining industry. The company is led by CEO Timothy S. Gitzel and employs approximately 2,100 people, headquartered in Saskatoon, Saskatchewan. With a market capitalization of $48.4B, CCJ is one of the prominent companies in the Materials sector.

CAMECO CORP (CCJ) Stock Rating — Hold (April 2026)

As of April 2026, CAMECO CORP receives a Hold rating with a composite score of 52.6/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.CCJ ranks #989 out of 4,446 stocks in our coverage universe. Within the Materials sector, CAMECO CORP ranks #61 of 284 stocks, placing it in the top quartile of its Materials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

CCJ Stock Price and 52-Week Range

CAMECO CORP (CCJ) currently trades at $116.54. The stock gained $1.00 (0.9%) in the most recent trading session. The 52-week high for CCJ is $135.24, which means the stock is currently trading -13.8% from its annual peak. The 52-week low is $35.00, putting the stock 233.0% above its annual trough. Recent trading volume was 2.1M shares, reflecting moderate market activity.

Is CCJ Overvalued or Undervalued? — Valuation Analysis

CAMECO CORP (CCJ) carries a value factor score of 51/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The price-to-book ratio stands at 10.86x, versus the sector average of 2.83x. The price-to-sales ratio is 5.47x, compared to 0.74x for the average Materials stock. On an enterprise value basis, CCJ trades at 43.03x EV/EBITDA, versus 6.01x for the sector.

Overall, CCJ's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

CAMECO CORP Profitability — ROE, Margins, and Quality Score

CAMECO CORP (CCJ) earns a quality factor score of 37/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 10.8%, compared to the Materials sector average of 3.3%, which is within a healthy range. Return on assets (ROA) comes in at 6.9% versus the sector average of 0.6%.

On a margin basis, CAMECO CORP reports gross margins of 24.8%, compared to 29.8% for the sector. The operating margin is 17.5% (sector: 6.0%). Net profit margin stands at 5.4%, versus 3.0% for the average Materials stock. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

CCJ Debt, Balance Sheet, and Financial Health

CAMECO CORP has a debt-to-equity ratio of 20.0%, compared to the Materials sector average of 41.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. Total debt on the balance sheet is $890M. Cash and equivalents stand at $417M.

CCJ has a beta of 1.23, meaning it is more volatile than the broader market — a $10,000 investment in CCJ would be expected to move 23.0% more than the S&P 500 on any given day. The stability factor score for CAMECO CORP is 46/100, reflecting average volatility within the normal range for its sector.

CAMECO CORP Revenue and Earnings History — Quarterly Trend

In TTM 2026, CAMECO CORP reported revenue of $2.19B. Net income for the quarter was $119M. Gross margin was 24.8%. Operating income came in at $383M.

In FY 2024, CAMECO CORP reported revenue of $2.19B. Net income for the quarter was $119M. Gross margin was 24.8%. Revenue grew 7.2% year-over-year compared to FY 2023. Operating income came in at $383M.

In FY 2023, CAMECO CORP reported revenue of $2.04B. Net income for the quarter was $273M. Gross margin was 20.8%. Operating income came in at $314M.

In FY 2022, CAMECO CORP reported revenue of $0. Net income for the quarter was $62M. Operating income came in at $-9M.

Over the past 8 quarters, CAMECO CORP has demonstrated a growth trajectory, with revenue expanding from $0 to $2.19B. Investors analyzing CCJ stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

CCJ Dividend Yield and Income Analysis

CAMECO CORP (CCJ) does not currently pay a dividend. This is common among growth-oriented companies in the Non-Metallic And Industrial Metal Mining industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Materials dividend stocks may want to explore other Materials stocks or use the stock screener to filter by dividend yield.

CCJ Momentum and Technical Analysis Profile

CAMECO CORP (CCJ) has a momentum factor score of 79/100, indicating strong price momentum with the stock outperforming the majority of the market over recent periods. Stocks with high momentum scores have historically tended to continue their outperformance in the near term. The investment factor score is 52/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 44/100 reflects moderate short selling activity.

CCJ vs Competitors — Materials Sector Ranking and Peer Comparison

Within the Materials sector, CAMECO CORP (CCJ) ranks #61 out of 284 stocks based on the Blank Capital composite score. This places CCJ in the top quartile of all Materials stocks in our coverage universe. Key competitors and sector peers include CF Industries Holdings, Inc. (CF) with a score of 56.6/100, Nutrien Ltd. (NTR) with a score of 56.6/100, CVR PARTNERS, LP (UAN) with a score of 55.6/100, LSB INDUSTRIES, INC. (LXU) with a score of 53.6/100, and ACME UNITED CORP (ACU) with a score of 51.2/100.

Comparing CCJ against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full CCJ vs S&P 500 (SPY) comparison to assess how CAMECO CORP stacks up against the broader market across all factor dimensions.

CCJ Next Earnings Date

No upcoming earnings date has been announced for CAMECO CORP (CCJ) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy CCJ? — Investment Thesis Summary

CAMECO CORP presents a balanced picture with arguments on both sides. The quality score of 37/100 flags below-average profitability. Price momentum is positive at 79/100, suggesting the trend favors buyers.

In summary, CAMECO CORP (CCJ) earns a Hold rating with a composite score of 52.6/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on CCJ stock.

Related Resources for CCJ Investors

Explore more research and tools: CCJ vs S&P 500 comparison, top Materials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare CCJ head-to-head with peers: CCJ vs CF, CCJ vs NTR, CCJ vs UAN.