| Cameco earnings rise 14 pct on higher realized uranium prices | |
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Feb 6 (Reuters) - Canadian uranium producer Cameco Corp reported on Friday a 14 percent increase in quarterly earnings, helped by higher uranium prices and a decline in the average unit cost of sales. For the fourth quarter, earnings rose to C$73 million, or 18 Canadian cents a share. That compared to C$64 million, or 16 Canadian cents in the year-ago quarter. Adjusted earnings rose to 52 Canadian cents a share. Revenue fell 9 percent to C$889 million. (Reporting by Kanika Sikka; Editing by Leslie Adler)
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Cameco Corporation
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PRODUCER |
CODE : CCO.TO |
ISIN : CA13321L1085 |
CUSIP : 13321L108 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Cameco is a uranium producing company based in Canada. Cameco produces uranium, cobalt, copper, nickel and zinc in Canada, in Finland and in Kazakhstan, develops uranium in Australia and in Canada, and holds various exploration projects in Canada. Its main assets in production are RABBIT LAKE, KEY LAKE, SMITH RANCH, CROW BUTTE, MCARTHUR RIVER (SASKATCHEWAN), MC ARTHUR RIVER and MCARTHUR RIVER MINE in Canada, INKAI and HIGHLAND in Kazakhstan and TALVIVAARA in Finland, its main assets in development are CIGAR LAKE and MILLENNIUM in Canada and KINTYRE in Australia and its main exploration properties are EAGLE POINT, DAWN LAKE, SMART LAKE, BOOMERANG and DAWSON in Canada. Cameco is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 26.4 billions as of today (US$ 19.3 billions, € 18.0 billions). Its stock quote reached its lowest recent point on December 26, 2003 at CA$ 10.02, and its highest recent level on April 24, 2024 at CA$ 66.81. Cameco has 395 792 522 shares outstanding. |