3. As of noon trading, Cameco ( CCJ) is down $0.46 (-2.2%) to $21.10 on heavy volume Thus far, 1.5 million shares of Cameco exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $21.00-$21.65 after having opened the day at $21.58 as compared to the previous trading day's close of $21.57.

Cameco Corporation operates as a uranium producer, supplier of conversion services, and fuel manufacturer. The company's Uranium segment is involved in the exploration for, mining, milling, purchase, and sale of uranium concentrate. Cameco has a market cap of $8.7 billion and is part of the basic materials sector. The company has a P/E ratio of 32.3, above the S&P 500 P/E ratio of 17.7. Shares are up 11.5% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate Cameco a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Cameco as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income. Get the full Cameco Ratings Report now.

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