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

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 lower today making it today's featured Metals & Mining laggard. The industry as a whole closed the day up 0.7%. By the end of trading, Cameco fell $0.68 (-2.9%) to $23.20 on average volume. Throughout the day, 3,241,224 shares of Cameco exchanged hands as compared to its average daily volume of 2,647,400 shares. The stock ranged in price between $23.15-$24.11 after having opened the day at $23.89 as compared to the previous trading day's close of $23.88. Other companies within the Metals & Mining industry that declined today were: North American Palladium ( PAL), down 11.2%, Gold Standard Ventures ( GSV), down 10.1%, Tonix Pharmaceuticals ( TNXP), down 7.3% and Tasman Metals ( TAS), down 5.8%.

Cameco Corporation produces and sells uranium worldwide. The company operates through four segments: Uranium, Fuel Services, Electricity, and NUKEM. The Uranium segment is involved in the exploration for, mining, milling, purchase, and sale of uranium concentrate. Cameco has a market cap of $9.5 billion and is part of the basic materials sector. Shares are up 15.0% 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 4 rate it a hold.

TheStreet Ratings rates Cameco as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, impressive record of earnings per share growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Golden Star Resources ( GSS), up 11.5%, Vista Gold Corporation ( VGZ), up 9.6%, Lake Shore Gold ( LSG), up 8.1% and Quest Rare Minerals ( QRM), up 8.0% , were all gainers within the metals & mining industry with Vale ( VALE) being today's featured metals & mining industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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