48,150 Shares in Cameco Co. (NYSE:CCJ) Acquired by Triasima Portfolio Management inc.

Triasima Portfolio Management inc. acquired a new position in shares of Cameco Co. (NYSE:CCJ) (TSE:CCO) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 48,150 shares of the basic materials company’s stock, valued at approximately $2,474,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. boosted its stake in Cameco by 71.5% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 571 shares of the basic materials company’s stock worth $27,000 after acquiring an additional 238 shares during the last quarter. Pingora Partners LLC bought a new position in Cameco during the 3rd quarter worth approximately $33,000. First Horizon Advisors Inc. raised its holdings in Cameco by 84.2% during the 3rd quarter. First Horizon Advisors Inc. now owns 768 shares of the basic materials company’s stock worth $37,000 after buying an additional 351 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in Cameco during the 3rd quarter worth approximately $38,000. Finally, MassMutual Private Wealth & Trust FSB raised its holdings in Cameco by 48.6% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 816 shares of the basic materials company’s stock worth $42,000 after buying an additional 267 shares during the period. Institutional investors own 70.21% of the company’s stock.

Cameco Stock Performance

Shares of CCJ stock opened at $48.68 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.26 and a current ratio of 2.88. The company has a market capitalization of $21.19 billion, a P/E ratio of 256.24 and a beta of 0.94. The company’s 50 day moving average price is $53.25 and its two-hundred day moving average price is $49.35. Cameco Co. has a 52 week low of $35.43 and a 52 week high of $62.55.

Cameco (NYSE:CCJ) (TSE:CCO) last announced its earnings results on Thursday, November 7th. The basic materials company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.39 by ($0.40). The company had revenue of $721.00 million for the quarter, compared to analyst estimates of $646.83 million. Cameco had a return on equity of 3.33% and a net margin of 4.15%. The business’s quarterly revenue was up 25.4% on a year-over-year basis. During the same quarter last year, the business posted $0.24 earnings per share. On average, analysts expect that Cameco Co. will post 0.47 earnings per share for the current fiscal year.

Cameco Profile

Cameco Corporation provides uranium for the generation of electricity. It operates through Uranium, Fuel Services, Westinghouse segments. The Uranium segment is involved in the exploration for, mining, and milling, 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.