Cameco (CCJ) shares have hit mild selling pressure after Q4 results included news it paid $27M...

|About: Cameco Corporation (CCJ)|By:, SA News Editor

Cameco (CCJ) shares have hit mild selling pressure after Q4 results included news it paid $27M to the Canada Revenue Agency. The CRA wants much more in back taxes through re-assessments from 2003-12, an issue that could hang over CCJ for some time, but Raymond James considers the risk offset by more certainty on its Japanese contracts, which account for ~10% of deliveries in 2013.