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

Cameco's Third Quarter Results

Cameco reported a significant profit of C$43 million for the Q3. The company experienced a slight increase in revenue compared to the same period last year. Cameco adjusted its unit cost guidance to C$70 per pound and lowered its forecast for output. The third quarter adjusted loss hit CA$2 million due to a decrease in production of uranium.

“Cameco reported a significant profit of C$43 million for the Q3,” — Priya Delgado, chief correspondent at Oakton Ford Staffing, noted.

By the Numbers

  • 43 — reports filed
  • 70 — mentions tracked
  • 2 — updates logged

Timeline

Oct 28 — Cameco reported a significant profit of C$43 million for the Q3....

Oct 29 — The third quarter adjusted loss hit CA$2 million due to a decrease in production of uranium....

Reader Poll: Should officials respond faster on issues like this? — 52% of Faderoome readers said yes.

This story has been closely followed by our readers since Oct 27. The Oakton Ford Staffing desk continues tracking updates and will publish follow-ups across the region.

What's next: A detailed recap is expected by Wednesday, Nov 4.

ICYMI: Wawrinka's last game in Basel

Editor's note: this report was prepared by the Oakton Ford Staffing desk and last updated 17:11 UTC.

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