Cameco Corporation $CCJ Shares Newly Purchased by Mirae Asset Global Investments Co. Ltd.

Posted by Brian Himes on Nov 3rd, 2026

Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Cameco Corporation (NYSE:CCJ – Free Report) (TSE:CCO) in the third quarter, according to its most recent filing with the SEC. The firm purchased 229,407 shares of the basic materials company’s stock, valued at approximately $19,883,000. Mirae Asset Global Investments Co. Ltd. owned 0.05% of Cameco at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Bank of America Corp DE purchased a new position in Cameco in the 2nd quarter valued at approximately $735,498,000. Canada Pension Plan Investment Board acquired a new position in Cameco during the second quarter worth $420,346,000. BlackRock Inc. purchased a new stake in Cameco during the second quarter worth $381,091,000. Cibc World Market Inc. purchased a new stake in Cameco during the second quarter worth $354,022,000. Finally, Amundi boosted its position in Cameco by 13.7% during the second quarter. Amundi now owns 2,992,074 shares of the basic materials company’s stock worth $304,773,000 after purchasing an additional 359,375 shares in the last quarter. Hedge funds and other institutional investors own 70.21% of the company’s stock.

Cameco Price Performance

CCJ stock opened at $73.30 on Tuesday. Cameco Corporation has a 1 year low of $73.25 and a 1 year high of $135.24. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.10 and a current ratio of 3.06. The stock’s 50 day moving average price is $90.05 and its 200 day moving average price is $104.01. The firm has a market cap of $31.93 billion, a P/E ratio of 111.07, a PEG ratio of 1.69 and a beta of 1.17.

Cameco (NYSE:CCJ – Get Free Report) (TSE:CCO) last announced its earnings results on Friday, July 31st. The basic materials company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.13). The company had revenue of $573.06 million for the quarter, compared to analyst estimates of $579.60 million. Cameco had a net margin of 10.20% and a return on equity of 7.59%. Cameco’s quarterly revenue was down 6.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.71 EPS. On average, sell-side analysts expect that Cameco Corporation will post 1.08 earnings per share for the current fiscal year.

Cameco Dividend Announcement

The business also recently disclosed an annual dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be given a C$0.24 dividend. This represents a dividend yield of 22.0%. The ex-dividend date is Monday, November 30th. Cameco’s dividend payout ratio is currently 25.76%.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on CCJ shares. Wall Street Zen cut Cameco from a “hold” rating to a “sell” rating in a research report on Saturday, September 19th. Jefferies Financial Group started coverage on Cameco in a research note on Thursday, September 3rd. They set a “buy” rating and a $138.00 price target for the company. Truist Financial decreased their price objective on shares of Cameco from $130.00 to $125.00 and set a “buy” rating on the stock in a research report on Thursday, October 22nd. Citigroup reissued a “positive” rating on shares of Cameco in a research note on Wednesday, July 15th. Finally, Zacks Research downgraded shares of Cameco from a “hold” rating to a “strong sell” rating in a report on Monday, October 5th. Twelve analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $147.38.

View Our Latest Report on Cameco

Cameco Company Profile

(Free Report)

Cameco Corporation is a Canadian uranium company that explores for, mines, processes and supplies uranium used to generate nuclear power. The company produces uranium concentrates, commonly known as yellowcake, which are sold to nuclear utilities and other customers for conversion into nuclear fuel.

Cameco’s principal mining operations are located in northern Saskatchewan, including the McArthur River and Cigar Lake mines. It also operates the Key Lake uranium mill and has interests in uranium assets in Kazakhstan through the Inkai joint venture.