Shares of Cameco Corp. CCO, +0.46% inched 0.46% higher to C$32.47 Thursday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.30% rising 0.30% to 20,344.07.
This was the stock’s third consecutive day of gains. Cameco Corp. closed C$8.58 below its 52-week high (C$41.05), which the company achieved on April 13th. Trading volume of 176,825 shares remained below its 50-day average volume of 1.8 M.