Buy the ‘bad’ news – it isn’t really that bad https://www.globenewswire.com/news-release/2020/07/29/2069168/0/en/Cameco-reports-second-quarter-results-well-positioned-financially-with-solid-balance-sheet-supported-by-planned-restart-at-Cigar-Lake.html

The chart looks fundamentally good to me

Expect BIG swings in the price, but for the trend to be upwards over the coming weeks/months.