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Cameco ( (TSE:CCO) ) has shared an announcement.
Cameco has released its 2024 Sustainability Report, highlighting its commitment to sustainability through various initiatives and metrics. Key achievements include completing climate risk assessments at U.S. operations, launching a training program for northern Saskatchewan residents, and publishing Scope 3 emissions data. The report underscores Cameco’s dedication to transparency and accountability, integrating SASB and TCFD standards, and achieving third-party assurance on selected performance indicators. These efforts aim to enhance Cameco’s sustainability strategy and strengthen its industry positioning by addressing environmental and community impacts.
The most recent analyst rating on (TSE:CCO) stock is a Buy with a C$52.00 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 overall stock score reflects its robust financial performance and positive technical indicators. The high P/E ratio and geopolitical risks are concerns, but strategic partnerships and a positive industry outlook provide support.
To see Spark’s full report on TSE:CCO stock, click here.
More about Cameco
Cameco is one of the largest global providers of uranium fuel, essential for generating secure, carbon-free nuclear power. The company boasts controlling ownership of the world’s largest high-grade uranium reserves and low-cost operations, with significant investments across the nuclear fuel cycle, including stakes in Westinghouse Electric Company and Global Laser Enrichment. Cameco’s shares are traded on the Toronto and New York stock exchanges, and its head office is located in Saskatoon, Saskatchewan, Canada.
Average Trading Volume: 1,178,105
Technical Sentiment Signal: Buy
Current Market Cap: C$42.66B
Learn more about CCO stock on TipRanks’ Stock Analysis page.