CCOE.TO is trading at CA$12.13, down 3.04% on September 23, 2026, primarily as stronger U.S. business activity pushed the 10-year Treasury yield to 5.12%, weighing on risk assets and rate-sensitive equity valuations.
- Broader weakness was also evident across U.S. stocks.
- Cameco’s underlying shares were relatively resilient, while uranium prices were broadly flat, suggesting no major Cameco-specific negative catalyst.