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Stock impact report

Cameco +3% after Q4 earnings beat, improved uranium pricing [Seeking Alpha]

Cameco Corporation (CCJ) 
Last cameco corporation earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: cameco.com/invest
Company Research Source: Seeking Alpha
Cameco +3% after Q4 earnings beat, improved uranium pricingCameco (NYSE:CCJ)+3% premarket after reporting better than expectedQ4 earnings, helped by higher prices and the company'sefforts to streamline its business.CCJ says Q4 uranium production volume totaled 6.9M lbs., down 3% Y/Y, but sales volume rose 8% to 12.6M lbs., while the averaged realized price rose 4% Y/Y to US$39.44/lb.; for FY 2017, production volume of 23.8M lbs. was down 12% Y/Y, and sales volume fell 7% to 33.6M lbs., while averaged realized price for the full year fell 12% to $36.13/lb.CCJ alsoappoints Ian Bruce as chair effective at the company’s annual general meeting on May 16; he will succeed Neil McMillan, who is retiring.See all stocks on the move »Now read:Cameco Corporation: Short-Term Pain For Long-Term Gain » Show less Read more
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