NEW YORK ( TheStreet) -- Cameco (NYSE: CCJ) hit a new 52-week low Monday as it is currently trading at $17.43, below its previous 52-week low of $17.46 with 1.4 million shares traded as of 1:16 p.m. ET. Average volume has been 2.4 million shares over the past 30 days. Cameco has a market cap of $7.3 billion and is part of the basic materials sector and metals & mining industry. Shares are down 54.6% year to date as of the close of trading on Friday. Cameco Corporation operates as a uranium producer, supplier of conversion services, and fuel manufacturer. The company's Uranium segment involves in the exploration for, mining, milling, purchase, and sale of uranium concentrate. The company has a P/E ratio of 15.8, equal to the average metals & mining industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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