What are MM’s thoughts towards Cameco (CCJ US) post its result?
Hi MM, Can we please have your views on the CCJ results that came out last night. Do they bring MM any closer to (or further away) from purchasing CCJ? Thanks,
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Answer
Hi,
The result was actually a messy one with currency headwinds and a bunch of other issues impacting their quarterly income. We haven’t pressed the button on the buy until we get more comfortable on how the coming quarters could look. i.e. we don’t see a huge rush, although we still like the stock.
