Cameco Corp (TSE:CCO) (NYSE:CCJ) declared an annual dividend on Thursday, November 28th, TickerTech reports. Shareholders of record on Friday, December 13th will be paid a dividend of 0.08 per share on Friday, December 13th. This represents a dividend yield of 0.62%. The ex-dividend date of this dividend is Thursday, November 28th.
Shares of TSE CCO traded down C$0.08 during trading hours on Tuesday, reaching C$12.41. The stock had a trading volume of 91,910 shares, compared to its average volume of 838,616. The company has a current ratio of 5.63, a quick ratio of 3.52 and a debt-to-equity ratio of 20.57. The firm has a market cap of $4.91 billion and a price-to-earnings ratio of 47.77. The business’s fifty day moving average price is C$12.35 and its two-hundred day moving average price is C$12.74. Cameco has a 52-week low of C$10.70 and a 52-week high of C$17.12.
A number of analysts recently issued reports on the company. BMO Capital Markets lowered their price target on Cameco from C$17.00 to C$16.00 in a report on Thursday, September 26th. Raymond James reissued an “outperform” rating and issued a C$15.00 price objective on shares of Cameco in a research note on Monday, November 4th. TD Securities reduced their price objective on shares of Cameco from C$14.50 to C$14.00 and set a “hold” rating for the company in a research note on Friday, September 13th. Finally, CIBC reduced their price objective on shares of Cameco from C$15.00 to C$13.00 in a research note on Friday, September 6th.
Cameco Corporation produces and sells uranium worldwide. The company operates in 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. Its operating uranium properties include the Cigar Lake property located in Saskatchewan, Canada; and the Inkai property located in Kazakhstan.
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