Insider Selling: Cameco Co. (TSE:CCO) Senior Officer Sells C$121,755.00 in Stock

Cameco Co. (TSE:CCO) (NYSE:CCJ) Senior Officer Lisa Lorene Aitken sold 1,500 shares of the company’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of C$81.17, for a total value of C$121,755.00.

Lisa Lorene Aitken also recently made the following trade(s):

• On Friday, November 15th, Lisa Lorene Aitken sold 2,000 shares of Cameco stock. The shares were sold at an average price of C$75.19, for a total value of C$150,380.00.

Cameco Stock Performance

TSE:CCO opened at C$82.26 on Friday. Cameco Co. has a 12 month low of C$48.71 and a 12 month high of C$85.18. The company has a debt-to-equity ratio of 25.39, a current ratio of 3.22 and a quick ratio of 3.74. The firm has a market capitalization of C$35.80 billion, a PE ratio of 139.42, a price-to-earnings-growth ratio of 2.22 and a beta of 0.90. The business’s fifty day moving average price is C$71.93 and its 200 day moving average price is C$67.11.

Cameco Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Friday, December 13th. Stockholders of record on Wednesday, November 27th will be given a dividend of $0.16 per share. This represents a dividend yield of 0.22%. The ex-dividend date of this dividend is Wednesday, November 27th. This is a positive change from Cameco’s previous annual dividend of $0.12. Cameco’s dividend payout ratio (DPR) is 20.34%.

Wall Street Analyst Weigh In

CCO has been the subject of several research reports. Scotiabank lifted their target price on Cameco from C$80.00 to C$86.00 in a research report on Tuesday, November 19th. National Bank Financial raised shares of Cameco to a “strong-buy” rating in a research note on Tuesday, September 3rd. Royal Bank of Canada increased their target price on shares of Cameco from C$75.00 to C$90.00 in a report on Thursday, November 21st. Raymond James boosted their price target on shares of Cameco from C$81.00 to C$88.00 in a research note on Friday, November 22nd. Finally, Eight Capital increased their price objective on Cameco from C$80.00 to C$90.00 in a research note on Friday, November 8th. Seven equities research analysts have rated the stock with a buy rating and four have given a strong buy rating to the company. According to MarketBeat, Cameco presently has a consensus rating of “Buy” and an average target price of C$84.30.

About Cameco

Cameco Corporation provides uranium for the generation of electricity. It operates through Uranium, Fuel Services, Westinghouse segments. The Uranium segment is involved in the exploration for, mining, and milling, purchase, and sale of uranium concentrate. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services.