Cameco Corporation (USA) (NYSE:CCJ), Canada’s largest uranium producer, welcomed a commitment by Japan to nuclear power almost three years after the meltdown of three reactors at the Fukushima Dai-Ichi nuclear power plant. As Prime Minister Shinzo Abe seeks the restart of the nation’s 48 reactors, all of which are idled for safety checks, the government yesterday presented its draft energy policy showing nuclear as an important component in the nation’s future energy mix. That reverses the course to phase out nuclear set by a previous government led by Naoto Kan. Cameco rose the most in more than three years in Toronto and other uranium stocks soared. Cameco Corporation (USA) (NYSE:CCJ) stock opened at $21.38 in last trading session, and closed at $22.92, trading in the range of $21.35 – $23.08. The stock showed a positive weekly performance of 5.77%.
Denison Mines Corp (USA) (NYSEMKT:DNN) average recommendation is overweight with average Target Price of $1.66. Denison Mines Corp (USA) (NYSEMKT:DNN) shares closed at $1.51 on last trade day, by gaining 9.42%. Stock 52 week range is $0.97 – $1.52. Company’s market capitalization is $713.95 million.
Ur-Energy Inc. (USA) (NYSEMKT:URG) average recommendation is Buy with average Target Price of $1.90. Ur-Energy Inc. (USA) (NYSEMKT:URG) stock advanced 16.78% and finished the last session at $1.74. The EPS of the stock remained -0.10. Company’s market capitalization is $221.95 million.
Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) Reports Q4 (Dec) earnings of $0.39 per share, excluding non-recurring items, in-line with the Capital IQ Consensus of $0.39; oil and gas rev rose 20.7% year/year to $129.7 mln vs the $135.8 mln consensus. Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) stock opened at $45.03 in last trading session and closed at $48.20. The 52 week range of the stock is $21.27 – $49.08 and the day range was $43.12 – $49.08.