Cameco (CCO)has notable insider net $ selling

Cameco (T:CCO)

Mark Sean Leach, a Senior Officer, acquired 23,880 Common Shares on a direct ownership basis at a price of $14.700 through an exercise of options on September 7th, 2023. The insider also disposed 23,880 Common Shares on a direct ownership basis at a price of $50.370 through the public market on September 7th, 2023. This represents a $851,800 net divestment of the company's shares and an account share holdings change of 0%.

Cameco Corporation is a Canada-based company engaged in providing uranium fuel to generate clean, reliable baseload electricity around the globe. The Company also offers nuclear fuel processing services, refinery services and manufactures fuel assemblies and reactor components. It operates through two segments: uranium and fuel services. The uranium segment is involved in the exploration for, mining, milling, purchase and sale of uranium concentrate. The fuel services segment is involved in the refining, conversion and fabrication of uranium concentrate and the purchase and sale of conversion services. Its uranium projects include Millennium, Yeelirrie, and Kintyre. The Cree Extension-Millennium project is a Cameco-operated joint venture located in the southeastern portion of Canada's Athabasca Basin. The Yeelirrie deposit is located approximately 650 kilometer (Km) northeast of Perth and approximately 750 km south of the Company's Kintyre project.