Cameco Stock news
On May 29, 2026, uranium spot prices breached the $100 per pound threshold, marking the highest valuation since the 2011 Fukushima crisis. This price milestone, coupled with the confirmed restoration of full--scale operations at the McArthur River mine and Key Lake mill, has driven Cameco Corporation's (FRA: CJ6) year--to--date stock performance to a 20.3% gain. Analysts indicate that the price surge is supported by a structural supply deficit and a significant increase in long--term demand from artificial intelligence data center operators seeking carbon--free baseload power.