CCOE.TO is trading at CA$12.95, up 3.52%, as investors welcomed Cameco’s unchanged production guidance and Westinghouse IPO plans after its August 6, 2026 quarterly update.

  • Cameco shares rose about 7% despite an earnings miss.
  • CCOE has approximately 127.9% exposure to Cameco through leverage, amplifying the rally.
  • Softer July U.S. employment data lifted risk assets and lowered yields, providing a supportive secondary backdrop.