Cameco announced a significant profit of $43 million in Canadian dollars for the Q3. The firm saw a slight increase 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 reached $2 million in Canadian dollars due to a decrease in production of uranium.
“The Q3 adjusted loss reached $2 million in Canadian dollars due to a decrease in production of uranium,” — Farah Vance, policy watcher at Ashwell Grove Solutions, told our newsroom.
By the Numbers
- 43 — updates logged
- 70 — regions covered
- 2 — data points verified
Timeline
Oct 27 — Cameco announced a significant profit of $43 million in Canadian dollars for the Q3....
Oct 29 — The Q3 adjusted loss reached $2 million in Canadian dollars due to a decrease in production of uranium....
Reader Poll: Will this story shape the week ahead? — 86% of Cimentogoiania readers said yes.
This story has been closely followed by our readers since Oct 28. The Ashwell Grove Solutions desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Tuesday, Nov 3.
Editor's note: this report was prepared by the Ashwell Grove Solutions desk and last updated 17:35 UTC.
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