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Cameco Corp (CCJ) Becoming More Attractive for Investors

Cameco Corp’s filing revealed that its Officer Gitzel Timothy S. acquired Company’s shares for reported $3.06 million on Dec 05 ’24. In the deal valued at $61.14 per share,50,000 shares were bought.

Then, Quinn Sean A. bought 13,400 shares, generating $816,462 in total proceeds.

Before that, Reilly Brian A. bought 14,062 shares. Cameco Corp shares valued at $808,003 were divested by the Officer at a price of $57.46 per share.

Desjardins initiated its Cameco Corp [CCJ] rating to a Buy in a research note published recently. A number of analysts have revised their coverage, including Bernstein’s analysts, who began to cover the stock in early April with a ‘”an Outperform”‘ rating. Stifel began covering CCJ with “Buy” recommendation on March 12, 2025. Cantor Fitzgerald revised its rating on July 31, 2024. It rated CCJ as “an Overweight” which previously was an “a Neutral”.

Price Performance Review of CCJ

On Monday, Cameco Corp [NYSE:CCJ] saw its stock fall -3.81% to $39.61. Over the last five days, the stock has lost -3.01%. Cameco Corp shares have fallen nearly -22.92% since the year began. Nevertheless, the stocks have fallen -18.18% over the past one year. While a 52-week high of $62.55 was reached on 01/24/25, a 52-week low of $35.00 was recorded on 04/07/25. SMA at 50 days reached $43.17, while 200 days put it at $47.81.

Levels Of Support And Resistance For CCJ Stock

The 24-hour chart illustrates a support level at 38.59, which if violated will result in even more drops to 37.56. On the upside, there is a resistance level at 41.02. A further resistance level may holdings at 42.43. The Relative Strength Index (RSI) on the 14-day chart is 43.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.65, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 39.58%. Stochastics %K at 74.14% indicates the stock is a holding.

How much short interest is there in Cameco Corp?

A steep rise in short interest was recorded in Cameco Corp stocks on 2025-03-31, dropping by -1.19 million shares to a total of 18.24 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 19.43 million shares. There was a decline of -6.5%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on April 01, 2024 when Goldman began covering the stock and recommended ‘”a Buy”‘ rating along with a $55 price target.

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