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Cameco ( (TSE:CCO) ) has issued an update.
Cameco Corporation announced on September 12, 2025, a new long-term agreement to supply natural uranium hexafluoride (UF6) to Slovenské elektrárne for its nuclear power plants in Slovakia, effective through 2036. This agreement marks a strategic addition to Cameco’s global commercial portfolio, enhancing energy security in Slovakia by providing a stable and reliable supply of uranium fuel. The deal is significant for Slovenské elektrárne as it diversifies its suppliers and reduces dependency on a single source, ensuring the smooth operation of its nuclear facilities.
The most recent analyst rating on (TSE:CCO) stock is a Buy with a C$102.00 price target. To see the full list of analyst forecasts on Cameco stock, see the TSE:CCO Stock Forecast page.
Spark’s Take on TSE:CCO Stock
According to Spark, TipRanks’ AI Analyst, TSE:CCO is a Outperform.
Cameco’s strong financial performance and strategic positioning in the nuclear market are major strengths, supporting a positive outlook. However, high valuation metrics and production risks present challenges. The technical indicators suggest moderate momentum, while the earnings call provides a balanced view with optimism about future opportunities.
To see Spark’s full report on TSE:CCO stock, click here.
More about Cameco
Cameco is a leading global provider of uranium fuel, essential for powering a secure energy future. The company’s competitive edge is derived from its ownership of the world’s largest high-grade uranium reserves and low-cost operations, along with significant investments in the nuclear fuel cycle. Cameco’s shares are traded on the Toronto and New York stock exchanges, and its headquarters are located in Saskatoon, Saskatchewan, Canada.
YTD Price Performance: 44.01%
Average Trading Volume: 1,231,858
Technical Sentiment Signal: Buy
Current Market Cap: C$47.08B
For an in-depth examination of CCO stock, go to TipRanks’ Overview page.