| Cameco reports 1Q loss | |
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Saskatoon, Saskatchewan (AP) _ Cameco Corp. (T.CCO) on Wednesday reported a loss of $7.1 million (9 million CAD) in its first quarter.
The Saskatoon, Saskatchewan-based company said it had a loss of 2 cents per share. Earnings, adjusted for non-recurring costs, came to 14 cents per share.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share.
The uranium producer posted revenue of $447.7 million (566 million CAD) in the period.
Cameco shares have climbed 10 percent since the beginning of the year. The stock has fallen 10 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on T.CCO at http://www.zacks.com/ap/T.CCO
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Keywords: Cameco, Earnings Report
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Cameco Corporation
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PRODUCER |
CODE : CCO.TO |
ISIN : CA13321L1085 |
CUSIP : 13321L108 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Cameco is a uranium producing company based in Canada. Cameco produces uranium, cobalt, copper, nickel and zinc in Canada, in Finland and in Kazakhstan, develops uranium in Australia and in Canada, and holds various exploration projects in Canada. Its main assets in production are RABBIT LAKE, KEY LAKE, SMITH RANCH, CROW BUTTE, MCARTHUR RIVER (SASKATCHEWAN), MC ARTHUR RIVER and MCARTHUR RIVER MINE in Canada, INKAI and HIGHLAND in Kazakhstan and TALVIVAARA in Finland, its main assets in development are CIGAR LAKE and MILLENNIUM in Canada and KINTYRE in Australia and its main exploration properties are EAGLE POINT, DAWN LAKE, SMART LAKE, BOOMERANG and DAWSON in Canada. Cameco is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 23.4 billions as of today (US$ 18.7 billions, € 16.4 billions). Its stock quote reached its lowest recent point on December 26, 2003 at CA$ 10.02, and its highest recent level on March 28, 2024 at CA$ 59.01. Cameco has 395 792 522 shares outstanding. |