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Cameco Corp. saw a significant profit and revenue surge in Q4, driven by higher uranium prices and sales.
Uranium mining company Cameco Corp. reported a significant increase in its fourth-quarter profits and revenue, reaching $135 million and $1.2 billion, respectively, up from $80 million and $844 million the previous year.
This growth was driven by higher uranium sales and prices, with production and sales volumes increasing and the average price per pound of uranium rising to $80.90, up 13.2% year-over-year.
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Cameco Corp. vio un aumento significativo de ganancias e ingresos en Q4, impulsado por precios y ventas de uranio más altos.