Companies / CCJ
NYSECameco (CCJ) in our theses
Cameco appears in one of our theses. Below is why it entered the basket and how it has done since publication.
Nuclear power's real bottleneck isn't uranium, it's Western enrichment capacity after the Russian import ban
The bottleneck in nuclear isn't uranium, it's Western enrichment: the Russian import ban is driving up SWU prices and enrichers' margins.
Why this company: Not just uranium (Cigar Lake, McArthur River), but also UF6 conversion at Port Hope, where the shortage is even tighter. On top of that, 49% of Westinghouse and a stake in laser enrichment with Silex. Exposure across the whole fuel cycle.
Where these numbers come from
The reference price is recorded on the thesis publication date and never changed afterwards. The current price is refreshed several times a day. Returns are in the listing currency and exclude dividends, so for dividend payers the real total return was somewhat higher.
This is not a recommendation to buy or sell. A company enters a basket as a beneficiary of the mechanism described in the thesis, and the full argument is on each thesis page.
See all of our theses
Each with a publication date, a causal map and a score assigned before the market ruled.
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