Cameco (CCO) has notable insider buying

Cameco (T:CCO)

Scott McHardy, a Senior Officer, acquired 3,900 Common Shares on a direct ownership basis at a price of $14.000 through the public market on July 31st, 2018. This represents a $54,600 investment into the company's shares and an account share holdings change of 38.0%.

Cameco Corporation (Cameco) is a uranium producer. The Company is primarily engaged in the exploration for and the development, mining, refining, conversion, fabrication and trading of uranium for sale as fuel for generating electricity in nuclear power reactors in Canada and other countries. The Company operates through three segments: uranium, fuel services and NUKEM. The uranium segment involves the exploration for, mining, milling, purchase and sale of uranium concentrate. The fuel services segment involves the refining, conversion and fabrication of uranium concentrate, and the purchase and sale of conversion services. The NUKEM segment acts as a market intermediary between uranium producers and nuclear-electric utilities. Cameco conducts a portion of its exploration, development, mining and milling activities through joint operations located around the world. Cameco's Canadian uranium joint operation interests are McArthur River, Key Lake and Cigar Lake.