| Canadian uranium producer Cameco's profit falls 31 pct | |
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July 30 (Reuters) - Canadian uranium producer Cameco Corp reported a 31 percent fall in quarterly profit due to higher costs and a $28 million settlement charge. The company's net earnings attributable to its shareholders fell to C$88 million ($68 million), or 22 Canadian cents per share, in the second quarter ended June 30, from C$127 million, or 32 Canadian cents per share, a year earlier. Revenue rose 12.5 percent to C$565 million. ($1 = C$1.29 Canadian dollars) (Reporting by Rod Nickel in Winnipeg, Manitoba and Sneha Banerjee in Bengaluru; Editing by Maju Samuel)
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Cameco Corporation
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PRODUCER |
CODE : CCO.TO |
ISIN : CA13321L1085 |
CUSIP : 13321L108 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Cameco is a uranium producing company based in Canada. Cameco produces uranium, cobalt, copper, nickel and zinc in Canada, in Finland and in Kazakhstan, develops uranium in Australia and in Canada, and holds various exploration projects in Canada. Its main assets in production are RABBIT LAKE, KEY LAKE, SMITH RANCH, CROW BUTTE, MCARTHUR RIVER (SASKATCHEWAN), MC ARTHUR RIVER and MCARTHUR RIVER MINE in Canada, INKAI and HIGHLAND in Kazakhstan and TALVIVAARA in Finland, its main assets in development are CIGAR LAKE and MILLENNIUM in Canada and KINTYRE in Australia and its main exploration properties are EAGLE POINT, DAWN LAKE, SMART LAKE, BOOMERANG and DAWSON in Canada. Cameco is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 26.2 billions as of today (US$ 19.1 billions, € 17.9 billions). Its stock quote reached its lowest recent point on December 26, 2003 at CA$ 10.02, and its highest recent level on April 19, 2024 at CA$ 66.18. Cameco has 395 792 522 shares outstanding. |