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 (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.