Cameco Corporation (CCJ) Continued to Fall This Week. Here is Why

The share price of Cameco Corporation (NYSE:CCJ) fell by 9.97% between November 11 and November 18, 2025, putting it among the Energy Stocks that Lost the Most This Week.

Cameco Corporation (CCJ) Continued to Fall This Week. Here is Why

Cameco Corporation (NYSE:CCJ) is one of the largest global providers of uranium fuel to power the ongoing nuclear energy renaissance.

Cameco Corporation (NYSE:CCJ) took a hit earlier this month when it announced results for its Q3, with the company’s earnings and revenue both falling below forecasts. The uranium provider’s revenue also dipped by over 16% during the quarter, primarily due to delays at its flagship McArthur River and Key Lake facilities. As a result, the company also posted lower production guidance for this year, with a ceiling of 20 million pounds.

On November 13, RBC Capital trimmed its price target for Cameco Corporation (NYSE:CCJ) from C$160 to C$150, but kept an ‘Outperform’ rating on its shares. The update comes on the back of slightly higher uranium and fuel services costs.

Cameco Corporation (NYSE:CCJ) has also come under pressure due to a recent decline in the prices of the nuclear fuel, with uranium futures falling by over 7% since October 31.

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Disclosure: None.