Kopernik Global Investors LLC Has Lifted Position in Cameco Corp (CCJ) by $4.75 Million as Stock Declined

April 20, 2018 - By reb123z

Cameco Corporation (NYSE:CCJ) Logo

David Iben increased its stake in Cameco Corp (CCJ) by 6.48% based on its latest 2017Q4 regulatory filing with the SEC. Kopernik Global Investors Llc bought 528,246 shares as the company’s stock declined 3.93% with the market. The hedge fund run by David Iben held 8.68M shares of the precious metals company at the end of 2017Q4, valued at $80.16 million, up from 8.16 million at the end of the previous reported quarter. Kopernik Global Investors Llc who had been investing in Cameco Corp for a number of months, seems to be bullish on the $4.02 billion market cap company. The stock decreased 0.28% or $0.03 during the last trading session, reaching $10.57. About 2.56 million shares traded or 24.45% up from the average. Cameco Corporation (NYSE:CCJ) has declined 17.95% since April 20, 2017 and is downtrending. It has underperformed by 29.50% the S&P500.

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