Being a uranium miner hasn't been easy lately, with the spot priceof the nuclear fuel hovering near 14-year lows. It's no wonder, then, that Cameco Corp. (NYSE: CCJ), the largest publicly traded uranium miner in the world, has seen its shares fall more than 70% over the past decade. Earnings results, meanwhile, have dipped into the red over the last two years.
Believe it or not, however, there's a bright side to all this bad news. Here's what you need to know.Uranium Price Drops Are Killing Cameco Corp. Today, but Setting Up a Brighter Future
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