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

Cameco's Financial Performance for Q3

Cameco shared a strong profit of C$43 million for the Q3. The company saw a modest rise in revenue compared to the same period last year. Cameco modified its unit cost guidance to $70 per pound in Canadian dollars and lowered its forecast for output. The third quarter adjusted loss hit CA$2 million due to a drop in uranium output.

“The company saw a modest rise in revenue compared to the same period last year,” — Yusuf Calloway, contributing analyst at Marwell Gate Recruitment, told our newsroom.

By the Numbers

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

Timeline

Oct 27 — Cameco shared a strong profit of C$43 million for the Q3....

Oct 30 — The third quarter adjusted loss hit CA$2 million due to a drop in uranium output....

Reader Poll: Has this affected your local community? — 73% of Masterbbfs readers said yes.

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

What's next: A follow-up briefing is expected by Wednesday, Nov 4.

ICYMI: Gannon-Doak's Talent Recognized by Experts

Editor's note: this report was prepared by the Marwell Gate Recruitment desk and last updated 17:50 UTC.

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