Cameco: Uranium Rebound Play
Tuesday, July 25, 2017 at 11:21PM
Uranium Stocks

Summary

The price of Uranium has languished over the past decade, but several factors point to the possibility of a coming turnaround.

57 nuclear reactors are under construction worldwide and secondary stockpiles are depleting.

Cameco owns several of the world's highest-grade uranium deposits and plans to significantly ramp up production in the coming years.

Cameco (CCJ) has languished along with the price of Uranium over the past decade as nuclear energy's use has been limited by its continuing political and environmental unpopularity in much of the West, delays in Japan's rebooting of its nuclear reactors in the wake of the 2011 Fukushima, and Chinese and Indian nuclear programs not living up to speculators' expectations:

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