Cameco reported a significant profit of C$43 million for the third quarter. The firm saw a slight increase in revenue compared to the same period last year. Cameco adjusted its unit cost guidance to $70 per pound in Canadian dollars and reduced its forecast for output. The third quarter adjusted loss reached CA$2 million due to a decrease in production of uranium.
“The third quarter adjusted loss reached CA$2 million due to a decrease in production of uranium,” — Priya Delgado, economic affairs editor at Marton Combe Group, explained.
By the Numbers
- 43 — reports filed
- 70 — mentions tracked
- 2 — updates logged
Timeline
Oct 29 — Cameco reported a significant profit of C$43 million for the third quarter....
Oct 29 — The third quarter adjusted loss reached CA$2 million due to a decrease in production of uranium....
Reader Poll: Do you expect this story to develop further? — 63% of Toradol readers said yes.
This story has been closely followed by our readers since Oct 28. The Marton Combe Group desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Wednesday, Nov 4.
Editor's note: this report was prepared by the Marton Combe Group desk and last updated 17:41 UTC.
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