Cameco shared a significant profit of $43 million in Canadian dollars for the Q3. The company saw a modest rise in revenue compared to the previous year. Cameco adjusted its production cost estimate to $70 per pound in Canadian dollars and lowered its production outlook. The Q3 adjusted loss hit $2 million in Canadian dollars due to a decrease in production of uranium.
“The company saw a modest rise in revenue compared to the previous year,” — Lena Ostrowski, research director at Copburn Cliff Recruitment, added during the briefing.
By the Numbers
- 43 — regions covered
- 70 — data points verified
- 2 — sources cross-checked
Timeline
Oct 27 — Cameco shared a significant profit of $43 million in Canadian dollars for the Q3....
Oct 30 — The Q3 adjusted loss hit $2 million in Canadian dollars due to a decrease in production of uranium....
Reader Poll: Has this affected your local community? — 51% of Happyphoton readers said yes.
This story has been closely followed by our readers since Oct 26. The Copburn Cliff 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.
Editor's note: this report was prepared by the Copburn Cliff Recruitment desk and last updated 17:37 UTC.
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