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Cameco Corporation (CCJ) [hlAlert]

down 68.27 %

Cameco Corporation (CCJ) rated Buy with price target $30 by Dahlman Rose

Posted on: Monday,  Feb 13, 2012  8:25 AM ET by Dahlman Rose

Dahlman Rose rated Buy Cameco Corporation (NYSE: CCJ) on 02/13/2012. Previously Dahlman Rose rated Buy Cameco Corporation (NYSE: CCJ) on 02/09/2011.,
when the stock price was $42.39. Since then, Cameco Corporation has lost 68.27% as of 01/06/2016's recent price of $13.45.
If you would have followed the previous Dahlman Rose's recommendation on CCJ, you would have lost 68.27% of your investment in 1792 days.

Cameco Corporation (Cameco) is a Canada-based company. The Company, along with its subsidiaries, is engaged in the exploration, development, mining, refining, conversion and fabrication of uranium for sale as fuel for generating electricity in nuclear power reactors in Canada and other countries. The Company operates in four segments: uranium, fuel services, electricity and gold. In August 2008, Cameco completed the acquisition of a 70% interest in the Kintyre uranium exploration project in Western Australia. A joint venture comprised of Cameco (70%) and Mitsubishi Development Pty Ltd (30%) purchased the Kintyre project from Rio Tinto. During the year ended December 31, 2008, the Company acquired 24% interest in Global Laser Enrichment (GLE) based in North Carolina. GLE is focused on developing an uranium enrichment process using laser technology.

Since the Firm’s inception, the Dahlman Rose Research team has been dedicated to providing our institutional client base with differentiated research calls and actionable investment ideas.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/13/2012 8:25 AM Buy
23.42 30.00
as of 12/31/2012
1 Week down  -0.95 %
1 Month up  8.47 %
3 Months up  1.38 %
1 YTD up  9.25 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/9/2011 8:25 AM Buy
42.39 52.00

(*) Stock Price at the time of the recommendation.
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