Cameco announced a strong profit of C$43 million for the Q3. The firm saw a slight increase in revenue compared to the previous year. Cameco modified its unit cost guidance to $70 per pound in Canadian dollars and lowered its production outlook. The Q3 adjusted loss reached CA$2 million due to a drop in uranium output.
“The firm saw a slight increase in revenue compared to the previous year,” — Simone Whitfield, regional editor at Fencroft Ton Analytics, explained.
By the Numbers
- 43 — regions covered
- 70 — data points verified
- 2 — sources cross-checked
Timeline
Oct 27 — Cameco announced a strong profit of C$43 million for the Q3....
Oct 30 — The Q3 adjusted loss reached CA$2 million due to a drop in uranium output....
Reader Poll: Do you expect this story to develop further? — 49% of Lambod readers said yes.
This story has been closely followed by our readers since Oct 26. The Fencroft Ton Analytics desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Saturday, Oct 31.
Editor's note: this report was prepared by the Fencroft Ton Analytics desk and last updated 17:36 UTC.
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