Old West Investment Management LLC Increases Position in Cameco Corp (CCJ)

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Old West Investment Management Llc increased its stake in Cameco Corp (CCJ) by 6941.21% based on its latest 2019Q1 regulatory filing with the SEC. Old West Investment Management Llc bought 694,121 shares as the company’s stock declined 17.43% while stock markets rallied. The hedge fund held 704,121 shares of the precious metals company at the end of 2019Q1, valued at $8.30M, up from 10,000 at the end of the previous reported quarter. Old West Investment Management Llc who had been investing in Cameco Corp for a number of months, seems to be bullish on the $4.39B market cap company. The stock increased 4.32% or $0.46 during the last trading session, reaching $11.1. About 6.71M shares traded or 253.99% up from the average. Cameco Corporation (NYSE:CCJ) has declined 13.07% since July 14, 2018 and is downtrending. It has underperformed by 17.50% the S&P500.

More notable recent Cameco Corporation (NYSE:CCJ) news were published by: Fool.ca which released: “3 Top Stocks Under $20 – The Motley Fool Canada” on July 09, 2019, also Globenewswire.com with their article: “Cameco reports fourth quarter and 2018 financial results – GlobeNewswire” published on February 08, 2019, Streetinsider.com published: “Cantor Fitzgerald Resumes Cameco Corp. (CCO:CN) (CCJ) at Buy – StreetInsider.com” on June 21, 2019. More interesting news about Cameco Corporation (NYSE:CCJ) were released by: Globenewswire.com and their article: “Cameco Well Positioned to Self-manage its Financial Risks; 2019 Outlook Unchanged – GlobeNewswire” published on March 01, 2019 as well as Globenewswire.com‘s news article titled: “Tax Court of Canada Releases Decision on Cameco Cost Application – GlobeNewswire” with publication date: April 30, 2019.

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