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

Cameco Announces Q3 Earnings

Cameco reported a significant profit of $43 million in Canadian dollars for the Q3. The firm experienced a slight increase 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 firm experienced a slight increase in revenue compared to the previous year,” — Priya Delgado, staff writer at Greenton Brook Staffing, commented.

By the Numbers

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

Timeline

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

Oct 29 — The Q3 adjusted loss reached $2 million in Canadian dollars due to a decrease in uranium output....

Reader Poll: Should officials respond faster on issues like this? — 86% of 19980421 readers said yes.

This story has been closely followed by our readers since Oct 26. The Greenton Brook Staffing desk continues tracking updates and will publish follow-ups across the region.

What's next: A detailed recap is expected by Saturday, Oct 31.

ICYMI: Bolsonaro's U.S. entry with his family

Editor's note: this report was prepared by the Greenton Brook Staffing desk and last updated 17:16 UTC.

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