5 Mining Stocks to Buy Now According to David Iben’s Kopernik Global Investors

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1. Cameco Corporation (NYSE:CCJ)

Kopernik Global Investors Stake Value: $194,863,000
Percentage of Kopernik Global Investors’ 13F Portfolio: 21.87%
Number of Hedge Fund Holders: 35

Cameco Corporation (NYSE:CCJ) is a uranium producer and seller. Uranium and Fuel Services are the two segments in which it works. The Uranium section is responsible for uranium concentrate exploration, mining, milling, procuring, and selling uranium concentrates. In the fourth quarter of 2013, Kopernik Global Investors began building its position in Cameco Corporation (NYSE:CCJ), and by the third quarter of 2021, the hedge fund had over 8.97 million shares in the firm, valued at $194.86 million.

In November, BofA analyst Lawson Winder upgraded Cameco Corporation (NYSE:CCJ) to “Buy” from “Neutral” with a price target of C$40, up from C$36.25. In addition, Cameco Corporation (NYSE:CCJ) issued an annual dividend of $0.08 per share at the end of November, in line with the previous.

35 hedge funds in our database held stakes in Wheaton Cameco Corporation (NYSE:CCJ) at the end of the third quarter, compared to 25 funds in the second quarter.

You can also take a peek at 10 Best Silver Mining Stocks to Invest In and 10 Best Junior Gold Mining Stocks To Buy

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