| Cameco reports 3Q loss | |
| | |
|
SASKATOON, Saskatchewan (AP) _ Cameco Corp. (CCJ) on Friday reported a loss of $3.1 million in its third quarter.
The Saskatoon, Saskatchewan-based company said it had a loss of 1 cent per share. Earnings, adjusted for non-recurring costs, came to 15 cents per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share.
The uranium producer posted revenue of $496.2 million in the period.
Cameco shares have declined 14 percent since the beginning of the year. In the final minutes of trading on Friday, shares hit $14.17, a drop of 16 percent in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CCJ at http://www.zacks.com/ap/CCJ
_____
Keywords: Cameco, Earnings Report
|
|
|
VanEck Vectors Global Alternative Energy ETF
|
|
PRODUCER |
|
CODE : CCO.TO |
|
ISIN : CA13321L1085 |
|
CUSIP : 13321L108 |
| |
ProfileMarket
IndicatorsVALUE :
Projects & res.Press
releasesAnnual
reportRISK :
Asset profileContact Cpy |
Cameco is a uranium producing company based in Canada. Cameco produces uranium, cobalt, copper, nickel and zinc in Canada, in Finland and in Kazakhstan, develops uranium in Australia and in Canada, and holds various exploration projects in Canada. Its main assets in production are RABBIT LAKE, KEY LAKE, SMITH RANCH, CROW BUTTE, MCARTHUR RIVER (SASKATCHEWAN), MC ARTHUR RIVER and MCARTHUR RIVER MINE in Canada, INKAI and HIGHLAND in Kazakhstan and TALVIVAARA in Finland, its main assets in development are CIGAR LAKE and MILLENNIUM in Canada and KINTYRE in Australia and its main exploration properties are EAGLE POINT, DAWN LAKE, SMART LAKE, BOOMERANG and DAWSON in Canada. Cameco is listed in Canada, in Germany and in United States of America. Its market capitalisation is 3.5 billions as of today (US$ 2.5 billions, € 2.4 billions). Its stock quote reached its lowest recent point on December 26, 2003 at 10.02, and its highest recent level on November 14, 2024 at 74.58. Cameco has 47 442 200 shares outstanding. |