Cameco Corp (CCJ): Today's Featured Metals & Mining Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Cameco ( CCJ) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day down 2.7%. By the end of trading, Cameco rose $0.38 (1.7%) to $22.26 on heavy volume. Throughout the day, 3,377,580 shares of Cameco exchanged hands as compared to its average daily volume of 1,732,200 shares. The stock ranged in a price between $21.84-$22.40 after having opened the day at $21.91 as compared to the previous trading day's close of $21.88. Other companies within the Metals & Mining industry that increased today were: Augusta Resource Corporation ( AZC), up 7.6%, China Gerui Advanced Materials Group ( CHOP), up 6.0%, General Steel Holdings ( GSI), up 5.0% and Kingold Jewelry ( KGJI), up 4.4%.

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 $8.8 billion and is part of the basic materials sector. The company has a P/E ratio of 29.5, above the S&P 500 P/E ratio of 17.7. Shares are up 5.3% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate Cameco a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Cameco as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and relatively poor performance when compared with the S&P 500 during the past year.

On the negative front, Quaterra Resources ( QMM), down 14.8%, Golden Star Resources ( GSS), down 14.8%, Minco Gold Corporation ( MGH), down 14.7% and Golden Minerals ( AUMN), down 14.6% , were all laggards within the metals & mining industry with Goldcorp ( GG) being today's metals & mining industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider SPDR S&P Metals & Mining ETF ( XME) while those bearish on the metals & mining industry could consider PowerShares DB Base Metals Sht ETN ( BOS).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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