Growth OpportunitiesCameco is seen as having about 16% upside from current levels, with longer-term growth opportunities in both price and volumes.
Market PositionAs demand for nuclear generation increases and supply security becomes more relevant for utilities/governments, Cameco's advantageous geographical exposure and vertical integration, coupled with its position as the largest and most liquid uranium stock, should drive the stock's performance.
Quarterly PerformanceQ1/24 is expected to be a relatively strong quarter for Cameco, led by expectations of the second largest quarter for sales this year and sequentially better realised prices.