Cameco Option Alert: Mar 28 $38 Puts at the Ask: 15900 vs 0 OI; Earnings 2/20 Before Open 

Cameco Option Alert: Mar 28 $38 Puts at the Ask: 15900 @ $0.43 vs 0 OI; Earnings 2/20 Before Open Ref=$46.74

Cameco (NYSE:CCJ) 株価情報

Cameco

Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. It has three reportable segments, Uranium, Fuel Services, and Westinghouse. It derives maximum revenue from the Westinghouse Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre, and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia, and the United States.

Cameco Corp

<p>Investors with a lot of money to spend have taken a bullish stance on <strong>Cameco</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with CCJ, it often means somebody knows something is about to happen.</p>
<p>So how do we know what these investors just did? </p>
<p>Today, <a href="https://www.benzinga.com/pro/">Benzinga</a>'s options scanner spotted 9 uncommon options trades for Cameco.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 44% bullish and 44%, bearish.</p>
<p>Out of all of the special options we uncovered, 3 are puts, for a total amount of $119,119, and 6 are calls, for a total amount of $272,984.</p>
<h3>Expected Price Movements</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $41.0 to $85.0 for Cameco during the past quarter. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for Cameco's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Cameco's whale activity within a strike price range from $41.0 to $85.0 in the last 30 days. </p>
<h3>Cameco 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2025/1742842870_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th align="right"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$7.6</td>
<td>$7.3</td>
<td>$7.53</td>
<td>$60.00</td>
<td>$94.8K</td>
<td>675</td>
<td align="right">126</td>
</tr>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$1.68</td>
<td>$1.67</td>
<td>$1.68</td>
<td>$41.00</td>
<td>$54.4K</td>
<td>568</td>
<td align="right">334</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$9.0</td>
<td>$8.75</td>
<td>$8.92</td>
<td>$55.00</td>
<td>$41.9K</td>
<td>385</td>
<td align="right">47</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>04/17/25</td>
<td>$4.0</td>
<td>$3.9</td>
<td>$3.95</td>
<td>$43.00</td>
<td>$39.5K</td>
<td>573</td>
<td align="right">127</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$0.72</td>
<td>$0.65</td>
<td>$0.7</td>
<td>$85.00</td>
<td>$33.5K</td>
<td>2.3K</td>
<td align="right">700</td>
</tr>
</tbody>
</table>
</p>
<h3>About Cameco</h3>
<p>Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. It has three reportable segments, Uranium, Fuel Services, and Westinghouse. It derives maximum revenue from the Westinghouse Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre, and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia, and the United States.</p>
<h3>Cameco's Current Market Status</h3>
<ul>
<li>Trading volume stands at 1,477,771, with CCJ's price up by 2.31%, positioned at $45.56.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 36 days.</li>
</ul>
<h3>What The Experts Say On Cameco</h3>
<p>In the last month, 2 experts released ratings on this stock with an average target price of $82.84.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage"><strong>Click here for access</strong></a>.<br />
&#x2A; An analyst from GLJ Research has decided to maintain their Buy rating on Cameco, which currently sits at a price target of $75.<br />
&#x2A; Reflecting concerns, an analyst from RBC Capital lowers its rating to Outperform with a new price target of $90.</p>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Cameco with <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> for real-time alerts.</p>


Options

Markets

Check Out What Whales Are Doing With CCJ

<p>Financial giants have made a conspicuous bullish move on Cameco. Our analysis of options history for Cameco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) revealed 9 unusual trades.</p>
<p>Delving into the details, we found 44% of traders were bullish, while 44% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $612,500, and 6 were calls, valued at $443,043.</p>
<h3>What's The Price Target?</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $36.0 to $55.0 for Cameco over the last 3 months. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>In today's trading context, the average open interest for options of Cameco stands at 5023.75, with a total volume reaching 10,241.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Cameco, situated within the strike price corridor from $36.0 to $55.0, throughout the last 30 days.</p>
<h3>Cameco Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2025/1742405450_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/25/25</td>
<td>$0.4</td>
<td>$0.34</td>
<td>$0.35</td>
<td>$36.00</td>
<td>$507.5K</td>
<td>4</td>
<td>0</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$3.25</td>
<td>$3.15</td>
<td>$3.15</td>
<td>$45.00</td>
<td>$236.2K</td>
<td>2.3K</td>
<td>752</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$9.9</td>
<td>$9.8</td>
<td>$9.8</td>
<td>$50.00</td>
<td>$73.5K</td>
<td>1.5K</td>
<td>76</td>
</tr>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$0.34</td>
<td>$0.17</td>
<td>$0.21</td>
<td>$42.00</td>
<td>$73.5K</td>
<td>22.2K</td>
<td>5.0K</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$0.75</td>
<td>$0.69</td>
<td>$0.75</td>
<td>$49.00</td>
<td>$49.6K</td>
<td>2.9K</td>
<td>1.0K</td>
</tr>
</tbody>
</table>
</p>
<h3>About Cameco</h3>
<p>Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. It has three reportable segments, Uranium, Fuel Services, and Westinghouse. It derives maximum revenue from the Westinghouse Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre, and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia, and the United States.</p>
<p>Following our analysis of the options activities associated with Cameco, we pivot to a closer look at the company's own performance.</p>
<h3>Present Market Standing of Cameco</h3>
<ul>
<li>With a trading volume of 1,314,077, the price of CCJ is up by 1.44%, reaching $43.71.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 41 days from now.</li>
</ul>
<h3>Professional Analyst Ratings for Cameco</h3>
<p>2 market experts have recently issued ratings for this stock, with a consensus target price of $82.84.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage"><strong>Click here for access</strong></a>.<br />
&#x2A; An analyst from RBC Capital downgraded its action to Outperform with a price target of $90.<br />
&#x2A; Maintaining their stance, an analyst from GLJ Research continues to hold a Buy rating for Cameco, targeting a price of $75. </p>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Cameco with <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> for real-time alerts.</p>


What the Options Market Tells Us About Cameco

WIIM

Cameco shares are trading higher after GLJ Research raised its price target on the stock from $62.76 to $75.68.

<p>GLJ Research  analyst Gordon Johnson   maintains Cameco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) with a Buy and raises the price target from $62.76 to $75.68.</p>


News

Price Target

Analyst Ratings

GLJ Research Maintains Buy on Cameco, Raises Price Target to $75.68

<p>Whales with a lot of money to spend have taken a noticeably bullish stance on <strong>Cameco</strong>.</p>
<p>Looking at options history for Cameco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) we detected 13 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 46% of the investors opened trades with bullish expectations and 46% with bearish.</p>
<p>From the overall spotted trades, 9 are puts, for a total amount of $1,088,228 and 4, calls, for a total amount of $237,200.</p>
<h3>Projected Price Targets</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $38.0 and $49.0 for Cameco, spanning the last three months.</p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Cameco's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Cameco's significant trades, within a strike price range of $38.0 to $49.0, over the past month.</p>
<h3>Cameco 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2025/1741702544_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$4.7</td>
<td>$4.6</td>
<td>$4.6</td>
<td>$45.00</td>
<td>$386.0K</td>
<td>6.1K</td>
<td>1.4K</td>
</tr>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$4.65</td>
<td>$4.6</td>
<td>$4.6</td>
<td>$45.00</td>
<td>$302.0K</td>
<td>6.1K</td>
<td>659</td>
</tr>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$4.6</td>
<td>$4.45</td>
<td>$4.6</td>
<td>$45.00</td>
<td>$118.2K</td>
<td>6.1K</td>
<td>1.7K</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$4.1</td>
<td>$4.0</td>
<td>$4.1</td>
<td>$42.00</td>
<td>$102.9K</td>
<td>112</td>
<td>252</td>
</tr>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$4.6</td>
<td>$4.6</td>
<td>$4.6</td>
<td>$45.00</td>
<td>$76.8K</td>
<td>6.1K</td>
<td>1.6K</td>
</tr>
</tbody>
</table>
</p>
<h3>About Cameco</h3>
<p>Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. It has three reportable segments, Uranium, Fuel Services, and Westinghouse. It derives maximum revenue from the Westinghouse Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre, and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia, and the United States.</p>
<p>Having examined the options trading patterns of Cameco, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance</p>
<h3>Current Position of Cameco</h3>
<ul>
<li>Trading volume stands at 528,971, with CCJ's price down by -0.06%, positioned at $40.62.</li>
<li>RSI indicators show the stock to be may be oversold.</li>
<li>Earnings announcement expected in 49 days.</li>
</ul>
<h3>What Analysts Are Saying About Cameco</h3>
<p>Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $90.0.</p>
<p><strong>Turn $1000 into $1270 in just 20 days?</strong></p>
<p>20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage"><strong>Click here for access</strong></a>.<br />
&#x2A; Reflecting concerns, an analyst from RBC Capital lowers its rating to Outperform with a new price target of $90.</p>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Cameco options trades with real-time alerts from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.</p>


Market Whales and Their Recent Bets on CCJ Options

<p>Financial giants have made a conspicuous bullish move on Cameco. Our analysis of options history for Cameco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) revealed 10 unusual trades.</p>
<p>Delving into the details, we found 60% of traders were bullish, while 40% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $626,706, and 3 were calls, valued at $155,045.</p>
<h3>What's The Price Target?</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $35.0 and $55.0 for Cameco, spanning the last three months.</p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Cameco's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Cameco's whale trades within a strike price range from $35.0 to $55.0 in the last 30 days. </p>
<h3>Cameco Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2025/1741112167_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$3.65</td>
<td>$3.5</td>
<td>$3.6</td>
<td>$35.00</td>
<td>$360.0K</td>
<td>10.2K</td>
<td>1.0K</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/20/26</td>
<td>$4.1</td>
<td>$4.0</td>
<td>$4.1</td>
<td>$55.00</td>
<td>$99.2K</td>
<td>2</td>
<td>299</td>
</tr>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/20/26</td>
<td>$10.45</td>
<td>$10.35</td>
<td>$10.45</td>
<td>$47.00</td>
<td>$74.1K</td>
<td>173</td>
<td>136</td>
</tr>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/20/26</td>
<td>$10.45</td>
<td>$10.35</td>
<td>$10.45</td>
<td>$47.00</td>
<td>$65.8K</td>
<td>173</td>
<td>63</td>
</tr>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/20/26</td>
<td>$10.45</td>
<td>$10.35</td>
<td>$10.45</td>
<td>$47.00</td>
<td>$34.4K</td>
<td>173</td>
<td>136</td>
</tr>
</tbody>
</table>
</p>
<h3>About Cameco</h3>
<p>Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. It has three reportable segments, Uranium, Fuel Services, and Westinghouse. It derives maximum revenue from the Westinghouse Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre, and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia, and the United States.</p>
<p>Having examined the options trading patterns of Cameco, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance</p>
<h3>Current Position of Cameco</h3>
<ul>
<li>With a volume of 5,468,867, the price of CCJ is down -2.53% at $40.07. </li>
<li>RSI indicators hint that the underlying stock may be oversold.</li>
<li>Next earnings are expected to be released in 56 days.</li>
</ul>
<h3>Professional Analyst Ratings for Cameco</h3>
<p>Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $90.0.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage"><strong>Click here for access</strong></a>.<br />
&#x2A; Reflecting concerns, an analyst from RBC Capital lowers its rating to Outperform with a new price target of $90.</p>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for Cameco, <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Cameco's Options Frenzy: What You Need to Know

<p>RBC Capital  analyst Andrew Wong   reiterates Cameco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) with a Outperform and maintains $90 price target.</p>


Reiteration

RBC Capital Reiterates Outperform on Cameco, Maintains $90 Price Target

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Shares of companies in the broader energy sector are trading lower after president Trump confirmed Mar 4 tariffs, which could affect demand outlook.

<p><a href="https://www.bloomberg.com/news/articles/2025-02-26/iran-s-uranium-stocks-have-surged-since-trump-s-return-to-office" title="https://www.bloomberg.com/news/articles/2025-02-26/iran-s-uranium-stocks-have-surged-since-trump-s-return-to-office">https://www.bloomberg.com/news/articles/2025-02-26/iran-s-uranium-stocks-have-surged-since-trump-s-return-to-office</a></p>


UUUU

Iran's Stockpile Of Uranium Enriched Just Below The Level Needed For Nuclear Weapons Has Surged More Than 50% In The Last Three Months-Bloomberg

<p>Scotiabank  analyst Orest Wowkodaw   maintains Cameco (TSX:<a class="ticker" href="https://www.benzinga.com/stock/CCO#TSX">CCO</a>) with a Sector Outperform and lowers the price target from C$86 to C$85.</p>


TSX:CCO

Scotiabank Maintains Sector Outperform on Cameco, Lowers Price Target to C$85

<p>Canaccord Genuity  analyst Katie Lachapelle   maintains Cameco (TSX:<a class="ticker" href="https://www.benzinga.com/stock/CCO#TSX">CCO</a>) with a Buy and lowers the price target from C$85 to C$82.5.</p>


Canaccord Genuity Maintains Buy on Cameco, Lowers Price Target to C$82.5

HNRG

Shares of oil and gas companies are trading lower amid a rise in US crude inventories.

<p>Canadian miner <strong>Teck Resources</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TECK#NYSE">TECK</a>) is not worried about the impact of proposed U.S. tariffs on the company&#8217;s business. During the latest earnings call, CEO <strong>Jonathan Price </strong>pointed out that the firm&#8217;s exports mainly <a href="https://www.benzinga.com/topic/europe">go to Asia and Europe.</a></p>
<p>"In the event that tariffs are imposed, we expect trade flows to adjust. Teck has a resilient business driven by the diversification of our products and operations." Price said.</p>
<p>Teck&#8217;s latest earnings showed a profit of $385 million, or 75 cents per share, compared to a $167 million loss a year earlier. Adjusted earnings were 45 cents per share, up from just four cents a year earlier. Revenue rose to $2.8 billion, driven by record copper production at its <strong>Quebrada Blanca</strong> operations in Chile.</p>
<p>Copper production reached 122,000 tons for the quarter, up from 103,000 tons a year earlier, while zinc in concentrate declined to 146,000 tons from 182,000 tons. Management remains focused on copper growth, having completed the <a href="https://www.benzinga.com/news/large-cap/24/07/39651178/canadian-regulators-ok-glencore-teck-resources-deal-future-m-a-sanctions-need-exceptional-circumst">sale of its steelmaking coal business</a> to <strong>Glencore</strong> and using the proceeds to reduce debt and return $1.8 billion to shareholders through buybacks and dividends in 2024.</p>
<p>While most of this business would not be affected by the proposed 25% tariff on Canadian goods, Teck does export about 15% of its revenues to the U.S. in refined zinc, lead, and specialty metals such as germanium, indium, and sulfur products.</p>
<p>The situation in the uranium market is vastly different. Executives from <strong>Cameco</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>), the world&#8217;s largest publicly traded uranium company, expressed concerns about a proposed 10% U.S. tariff on Canadian energy imports, anticipated for March 4.</p>
<p>CFO <strong>Grant Isaac</strong> noted that such a tariff would lead to price inflation across the uranium market, as non-tariff suppliers would raise their prices to just below the tariff threshold.</p>
<p>"A 10% proposed tariff from a major supply source like Canada will effectively raise the uranium price by 10%. It's kind of Econ 101," Isaac said on the earnings call.</p>
<p>CEO <strong>Tim Gitzel</strong> agreed with the assessment, recalling the 2017 Section 232 investigation into critical minerals imports, which prompted the company to add contractual protections against future tariffs.</p>
<p>"Our neighbor to the south has discovered the hammer in the toolbox, which is tariffs and we began to prepare for a future where they might use it and good thing we did. We wrote a number of contracts that effectively moved tariffs into the tax clause of a contract," he said.</p>
<p>Uranium prices have risen due to concerns over supply constraints, <a href="https://www.benzinga.com/news/24/01/36836481/surging-uranium-demand-supply-constraints-fuel-predictions-of-record-price-increases">peaking above $100</a> per pound a year ago. Although they have declined to below $65 per pound since then, Gitzel noted that utilities have secured less than 40% of their required uranium supply through 2040, leaving an estimated shortfall of 2.1 billion pounds.</p>
<p>As bringing on new production is challenging, he expects the shortage will intensify in the mid-2030s, when major mines, including Cameco&#8217;s <strong>Cigar Lake</strong>, reach the end of their mine life without adequate replacements.</p>
<p>"Cigar Lake satisfies 10% of global demand. That's an 18-million-pound hole in supply that the market has not yet fully appreciated," he warned.</p>
<p><strong>Read Next: </strong> </p>
<ul>
<li><a href="https://www.benzinga.com/25/02/43878759/anglo-american-signs-a-5-billion-partnership-with-codelco-debeers-weighs-on-financial-results"><strong>Anglo American Signs $5 Billion Partnership With Codelco, DeBeers Weighs On Financial Results</strong></a></li>
</ul>
<p><em>Photo: Shutterstock</em></p>


Government

Large Cap

Commodities

Management

Economics

TECK

Teck Shrugs Off Tariff Risks, While Cameco Says 'It's Kind Of Econ 101' For Uranium Prices

<p>Whales with a lot of money to spend have taken a noticeably bullish stance on <strong>Cameco</strong>.</p>
<p>Looking at options history for Cameco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) we detected 16 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 56% of the investors opened trades with bullish expectations and 37% with bearish.</p>
<p>From the overall spotted trades, 3 are puts, for a total amount of $111,984 and 13, calls, for a total amount of $842,069.</p>
<h3>Projected Price Targets</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $38.0 to $54.0 for Cameco over the last 3 months. </p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for Cameco's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Cameco's whale activity within a strike price range from $38.0 to $54.0 in the last 30 days. </p>
<h3>Cameco Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2025/1740069957_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th align="right"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$13.75</td>
<td>$12.3</td>
<td>$13.3</td>
<td>$47.00</td>
<td>$159.4K</td>
<td>108</td>
<td align="right">0</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$3.25</td>
<td>$3.15</td>
<td>$3.25</td>
<td>$48.00</td>
<td>$153.4K</td>
<td>1.5K</td>
<td align="right">975</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$3.25</td>
<td>$3.15</td>
<td>$3.25</td>
<td>$48.00</td>
<td>$74.4K</td>
<td>1.5K</td>
<td align="right">211</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/28/25</td>
<td>$0.9</td>
<td>$0.71</td>
<td>$0.71</td>
<td>$50.00</td>
<td>$71.1K</td>
<td>6.8K</td>
<td align="right">151</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$3.35</td>
<td>$3.2</td>
<td>$3.25</td>
<td>$48.00</td>
<td>$67.6K</td>
<td>1.5K</td>
<td align="right">3</td>
</tr>
</tbody>
</table>
</p>
<h3>About Cameco</h3>
<p>Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. Cameco has three reportable segments, uranium, fuel services and Westinghouse. It derives maximum revenue from Uranium Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia and United States.</p>
<p>After a thorough review of the options trading surrounding Cameco, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Current Position of Cameco</h3>
<ul>
<li>Currently trading with a volume of 2,424,479, the CCJ's price is up by 1.85%, now at $47.41. </li>
<li>RSI readings suggest the stock is currently may be approaching oversold.</li>
<li>Anticipated earnings release is in 0 days.</li>
</ul>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage"><strong>Click here for access</strong></a>.</p>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Cameco options trades with real-time alerts from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.</p>


A Closer Look at Cameco's Options Market Dynamics

General

Cameco shares are trading higher after the company reported Q4 financial results and beat its adjusted EPS and sales estimates.

<p>Cameco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) sees FY2025 sales of CAD$3.3B-$3.55B vs $3.30B analyst estimate.</p>


Guidance

Cameco Sees FY2025 Sales CAD$3.3B-$3.55B vs $3.30B Est

<p>Cameco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) reported quarterly earnings of $0.36 per share which beat the analyst consensus estimate of $0.32 by 12.5 percent. This is a 140 percent increase over earnings of $0.15 per share from the same period last year.  The company reported quarterly sales of $1.183 billion which beat the analyst consensus estimate of $1.088 billion by 8.73 percent.  This is a 90.77 percent increase over sales of $620.123 million the same period last year.</p>


Earnings

Earnings Beats

Cameco Q4 2024 Adj. EPS $0.36 Beats $0.32 Estimate, Sales $1.183B Beat $1.088B Estimate

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Earnings Scheduled For February 20, 2025

Trading Ideas

Cameco Option Alert: Feb 28 $50 Calls Sweep (26) Near The Ask: 1000 @ $0.981 vs 1803 OI; Earnings 2/20 Before Open Ref=$46.98

CGBS

PTLE

Shares of oil and gas companies are trading lower after President Trump reiterated a pledge to increase oil production.

Press Releases

Cameco Reports Document Filings

Opinion

This Little-Known Metal Just Exploded 200%, Here are 2 Ways To Play It

Amazon, Google And Microsoft Bet Big On Nuclear: AI's Growing Energy Demands Fuel New Projects

Production Suspension at JV Inkai

Cameco Acknowledges Resignation of Westinghouse President and CEO

Westinghouse Resolves Technology Export Dispute With Korean Companies

Production Resumes at JV Inkai

AI and Blockchain Energy Demand Spurs Interest in Nuclear Power and Uranium Investments

Cameco Announces 2024 Results; Strong Performance Across All Segments; Westinghouse Distribution; Strategy Centered on Marketing, Production, Financial Discipline Expected to Generate Full-Cycle Value; Positive Outlook for Nuclear Energy

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B of A Securities

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Cameco Corporation

Screenshot 2024-11-26 at 6.31.26 PM

ETFs

Amazon, Google And Microsoft Bet Big On Nuclear: AI&#39;s Growing Energy Demands Fuel New Projects

Screenshot 2024-02-20 at 6.29.01 PM

Movers & Shakers

NATKY

SNNAF

Biden Gets Scrutinized For Excessive Reliance On Russian Uranium – Sienna Resources (OTCMKTS: SNNAF) Could Present An Alternative

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