Cameco reports $15M Q4 loss but beats earnings estimates as demand for nuclear fuel sizzles

  • 📰 financialpost
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 85%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Uranium miner Cameco beat analysts\u0027 earnings estimates as the Saskatoon\u002Dbased company rides sizzling demand for nuclear fuel. Read on.

Play Video

The uranium miner says its loss, attributable to equity holders, amounted to $15 million or four cents per share for the quarter ended Dec. 31 compared with a profit of $11 million or three cents per share in the last three months of 2021.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.

Analysts on average had expected a profit of six cents per share, according to estimates compiled by financial markets data firm Refinitiv. Cameco chief executive Tim Gitzel says demand for nuclear power, supported by growth across the near, medium and long term, is driving the best fundamentals the company has ever seen for the nuclear fuel market.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cameco reports $15M Q4 loss but beats earnings estimates as demand for nuclear fuel sizzlesUranium miner Cameco beat analysts\u0027 earnings estimates as the Saskatoon\u002Dbased company rides sizzling demand for nuclear fuel. Read on.
Source: nationalpost - 🏆 10. / 80 Read more »

Cameco reports $15M Q4 loss but beats earnings estimates as demand for nuclear fuel sizzlesUranium miner Cameco beat analysts\u0027 earnings estimates as the Saskatoon\u002Dbased company rides sizzling demand for nuclear fuel. Read on.
Source: nationalpost - 🏆 10. / 80 Read more »