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

Cameco's Q3 Profit Report

Cameco reported a significant earning of $43 million in Canadian dollars for the Q3. The company saw a slight increase in income compared to the previous year. Cameco adjusted its production cost estimate to C$70 per pound and lowered its forecast for output. The third quarter adjusted loss hit $2 million in Canadian dollars due to a decrease in production of uranium.

“The third quarter adjusted loss hit $2 million in Canadian dollars due to a decrease in production of uranium,” — David Kingsley, policy watcher at Wilcroft Stow Network, told our newsroom.

By the Numbers

  • 43 — sources cross-checked
  • 70 — reports filed
  • 2 — mentions tracked

Timeline

Oct 28 — Cameco reported a significant earning of $43 million in Canadian dollars for the Q3....

Oct 30 — The third quarter adjusted loss hit $2 million in Canadian dollars due to a decrease in production of uranium....

Reader Poll: Will this story shape the week ahead? — 51% of Carnitin readers said yes.

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

What's next: Additional coverage is expected by Wednesday, Nov 4.

ICYMI: New Zealand Breakers and Adelaide 36ers clash in NBL Round 7

Editor's note: this report was prepared by the Wilcroft Stow Network desk and last updated 16:55 UTC.

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