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Cameco Corporation (CCO $151.62)
- $151.62 P/E (TTM): 135.79X Cap: $74.88B
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Global X Uranium ETF (URA $50.78)
- $50.78 P/E (TTM): 81.07X Cap: $7.78B
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Q: Why is uranium getting hit so hard today? It gave me an opportunity to buy Cameco but I hope it turns around.

Asked by Zara on February 04, 2026

5i Research Answer:

Uzbekistan announced 2024 production, and it was 75% higher than the prior year. This has shaken up the sector which assumed ongoing supply constraints.

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