Cameco Corporation (CCO.TO) stock analysis

In our weekly check, Cameco Corporation is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 21 pass, warnings: 1, red flags: 3.

About Cameco Corporation

Cameco Corporation is an Energy company (Uranium) based in Canada, listed on TSX as CCO.TO.

What our checks show for CCO.TO

Red flags

• The price swings a lot: 52.7% annual volatility. Expect large ups and downs.
• The stock has fallen as much as 87% from a peak. Would you have held through that?
• Recovering from its deepest fall took about 3.6 years.

Warning signs

• Return on capital (ROCE) is only 5.2%.

Strengths

• Debt is low: 0.14x equity.
• Operating profit covers interest 8 times over.
• The net margin rose by 17.2 points over 5 years, to 10.2%.
• The gross margin is 27.6% and has risen by 11.8 points: pricing power is holding.
• Operating cash flow is 2.51x net profit: the profit arrives as real cash.
• Analysts expect earnings per share to grow about 72.8% a year over the next years.

Next earnings report: 2026-10-30

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Questions

What grade does Cameco Corporation (CCO.TO) have?

In our weekly check, Cameco Corporation is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 21 pass, warnings: 1, red flags: 3. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of CCO.TO stock?

This week's biggest flags for Cameco Corporation: Very volatile, Deep past fall, Slow recovery after falls. In total 4 of 25 checks show a warning or a red flag.

What does Cameco Corporation do?

Cameco Corporation is an Energy company (Uranium) based in Canada, listed on TSX as CCO.TO.

When does Cameco Corporation report earnings next?

The next earnings report is expected on 2026-10-30. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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