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Cameco reports quarterly profit and revenue up from year ago as higher uranium sales, prices give boost

Summary by The Globe & Mail
Cameco says it earned a profit attributable to equity holders of $135-million or 31 cents per diluted share for the quarter ended Dec. 31, up from $80-million or 18 cents per diluted share a year earlier

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Saskatoon Star PhoenixSaskatoon Star Phoenix

Increasing demand for uranium puts Cameco in a good spot despite looming tariffs

The potential of tariffs being imposed by the United States on Canadian energy imports is not dampening the optimism of leadership at Saskatoon-based Cameco Corp.

·Saskatoon, Canada
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The Globe & MailThe Globe & Mail

Cameco reports quarterly profit and revenue up from year ago as higher uranium sales, prices give boost

Cameco says it earned a profit attributable to equity holders of $135-million or 31 cents per diluted share for the quarter ended Dec. 31, up from $80-million or 18 cents per diluted share a year earlier

·Canada
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wkrb13.comwkrb13.com

Cameco (TSE:CCO) Price Target Cut to C$90.00 by Analysts at TD Securities

Cameco (TSE:CCO – Free Report) (NYSE:CCJ) had its price target cut by TD Securities from C$91.00 to C$90.00 in a report released on Friday,BayStreet.CA reports. They currently have a buy rating on the stock. A number of other equities analysts have also recently commented on CCO. Raymond James boosted their price target on shares of […]

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the deep divethe deep dive

Cameco 2024 Revenue Surges But Earnings Still Down Following Westinghouse Acquisition

Cameco (TSX: CCO) has released its financial and operating results for Q4 and year ended December 31, 2024, reporting a notable revenue rise to $3.14 billion—up 21% from $2.59 billion in 2023. During Q4, revenue surged to $1.18 billion, versus $844 million in the comparable period of 2023. The company attributed the rise to higher average realized prices in the uranium segment, jumping to $79.70 per pound for 2024, a gain of 18% year over year. …

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The Globe & Mail broke the news in Canada on Thursday, February 20, 2025.
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