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Why Shares of Uranium Miner Cameco Rocketed 24% This Week

Why Shares of Uranium Miner Cameco Rocketed 24% This Week

Uranium mining stock Cameco (NYSE: CCJ) was on fire this week, gaining 24.2% as of 2:30 p.m. EDT Friday, making it one of the biggest weekly gains for the stock so far this year. There's so much happening in the uranium industry that bulls in Cameco haven't been this excited in a long time. To start, Cameco shares won two big analyst upgrades this week.