NEW YORK ( TheStreet) -- Cameco Corporation (NYSE: CCJ) is trading at unusually high volume Monday with 14.7 million shares changing hands. It is currently at four times its average daily volume and trading up $2.36 (+8%) at $31.76 as of 3:52 p.m. ET. Cameco has a market cap of $11.1 billion and is part of the basic materials sector and metals & mining industry. Shares are down 27.2% year to date as of the close of trading on Friday. Cameco Corporation operates as a nuclear energy company. The company operates through three segments: Uranium, Fuel Services, and Electricity. The Uranium segment involves in the exploration for, mining, milling, purchase, and sale of uranium concentrate. The company has a P/E ratio of 21.6, above the average metals & mining industry P/E ratio of 21.5 and above the S&P 500 P/E ratio of 15.8. TheStreet Ratings rates Cameco as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Cameco Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. Interested in other stocks that are rising on unusually high volume? Get free SMS text alerts sent to you when the action happens by texting HVUP to 95370 or select from multiple alert options.