The stock price of Cameco Corporation (NYSE:CCJ) rose 9.68% between January 22 and 29, 2026, placing it among the Energy stocks that gained the most this week.
Cameco Corporation (NYSE:CCJ) is one of the world’s largest suppliers of uranium fuel to power the current nuclear energy renaissance.
Cameco Corporation (NYSE:CCJ) continued its recovery and hit an all-time high on January 28 after a rapid rise in the price of nuclear fuel. US uranium futures are currently around $101 per pound, the highest level since February 2024, due to high long-term demand bets.
Uranium has been in the spotlight since last year after the Trump administration announced plans to significantly increase US nuclear power capacity and cut regulations for building new nuclear power plants. Additionally, authorities announced funding for local uranium suppliers and enrichers to ensure the country’s energy security and reduce dependence on imports from Russia.
Following the recent rally, the Cameco Corporation (NYSE:CCJ) share price has gained almost 166% over the past year.
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