Uranium miner Cameco reports $43M Q3 profit, revenue edges up from year ago - CP24

Cameco's Third Quarter Results

Cameco shared a significant profit of $43 million in Canadian dollars for the Q3. The firm experienced a modest rise in revenue compared to the previous year. Cameco adjusted its production cost estimate to $70 per pound in Canadian dollars and lowered its forecast for output. The Q3 adjusted loss reached $2 million in Canadian dollars due to a decrease in uranium output.

“The Q3 adjusted loss reached $2 million in Canadian dollars due to a decrease in uranium output,” — Yusuf Calloway, policy watcher at Greencroft Wick Services, told our newsroom.

By the Numbers

  • 43 — mentions tracked
  • 70 — updates logged
  • 2 — regions covered

Timeline

Oct 29 — Cameco shared a significant profit of $43 million in Canadian dollars for the Q3....

Oct 30 — The Q3 adjusted loss reached $2 million in Canadian dollars due to a decrease in uranium output....

Reader Poll: Will this story shape the week ahead? — 50% of Tafenu readers said yes.

This story has been closely followed by our readers since Oct 28. The Greencroft Wick Services desk continues tracking updates and will publish follow-ups across the region.

What's next: Additional coverage is expected by Saturday, Oct 31.

ICYMI: "Like and Subscribe": NCIS

Editor's note: this report was prepared by the Greencroft Wick Services desk and last updated 17:57 UTC.

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