Cameco Corporation
A Canadian company headquartered in Saskatoon, Saskatchewan, and one of the world's largest publicly traded uranium producers, with operations including the McArthur River/Key Lake and Cigar Lake mines and a stake in nuclear reactor services company Westinghouse.
Covered in 8 MetalsCost.com News Intelligence articles, most recently on September 24, 2026.
Coverage
Cameco or MP Materials? A New Comparison Weighs Uranium Stability Against Rare-Earth Growth
A stock comparison favors MP Materials' rare-earth growth story over Cameco's profitable uranium business, despite MP posting an $86M loss against Cameco's $421M net income in FY2025.
India's Global Uranium Hunt Spans Uzbekistan to Canada, and Now Targets Mine Stakes Too
India is securing uranium from Uzbekistan, Canada and Australia to fuel its 100 GW-by-2047 nuclear target, while NTPC now seeks equity stakes in overseas mines across Canada, Australia, Kazakhstan and South Africa.
Cameco Controls One of Only Three Uranium Conversion Plants in the Western World
Owning both the refining and conversion steps in Canada, on top of mining output and a Westinghouse stake, lets Cameco collect revenue across more of the nuclear fuel chain than peers exposed only to mine production.
Uranium Mining Stocks Have Fallen Up to 45% This Year Even as US Production Triples
Uranium mining stocks tumbled up to 45% in 2026 despite tripling US production, because long-term supply contracts mean higher spot prices take years to reach producer earnings.
Uranium Miners Cut Guidance Just as Utilities Need to Buy More, Widening a Structural Deficit
Cameco cut its McArthur River guidance and Kazatomprom lowered 2026 output, deepening a structural uranium deficit even as utilities haven't contracted at replacement rate since 2012.
Australia Clears the Way to Sell India Uranium — But Its Exports Cover a Fraction of What India Will Need
Australia and India signed an arrangement clearing long-term uranium exports, but Australia's export forecast covers only a fraction of what India's 100 GW nuclear target will need.
Denison Mines Trades at a 75% Premium to Cameco as Uranium Investors Bet on a Mine Still Under Construction
Denison Mines carries a 75% richer price-to-book valuation than Cameco, as investors price in Phoenix's projected mid-2028 startup and low costs against Cameco's declining near-term production and profit.
Uranium Miner Cameco's Profit Sinks 92% Even as Nuclear Plant Operators Post Strong Earnings
Cameco's Q2 2026 profit fell 92% even as it raised full-year uranium price guidance, while nuclear operator Constellation Energy's adjusted earnings rose 33% in the same reporting season.
