Cameco (TSX: CCO; NYSE: CCJ) has secured the 14th spot on the 2024 TSX30, an annual ranking of the top-performing stocks on the Toronto Stock Exchange (TSX).
Over the past three years, Cameco’s dividend-adjusted share price has surged by 186%, while the company’s market capitalization has grown by 210%.
“We are proud to see Cameco’s strong, consistent growth recognized by the TSX. As one of the world’s largest uranium suppliers, we have benefited from rising demand for nuclear energy, while enhancing investor value through a disciplined strategy that aligns our operations, marketing, and financial decisions,” said Tim Gitzel, President and CEO of Cameco.
“At the same time, we have remained committed to sustainability by decarbonizing our operations, promoting workforce diversity, and strengthening our long-standing relationships with Indigenous and local communities. We owe our continued growth to the dedication of our employees,” Gitzel added.
The TSX30, established in 2019, annually ranks the 30 best-performing companies on the TSX, based on dividend-adjusted share price performance over a three-year span.
“This year’s TSX30 showcases Canadian companies at the forefront of the clean energy transition. These top performers are shaping the future of Canada’s economy, ensuring that our energy and mining sectors remain competitive on the global stage,” said Loui Anastasopoulos, CEO of the Toronto Stock Exchange.
Company Profile
Cameco is a leading global supplier of uranium fuel, essential for powering a clean-energy world. With controlling interest in the world’s largest high-grade uranium reserves, low-cost operations, and strategic investments in the nuclear fuel cycle, Cameco provides comprehensive nuclear fuel solutions worldwide. Its shares are traded on the Toronto and New York stock exchanges, and the company is headquartered in Saskatoon, Saskatchewan, Canada.
