Cameco Corp. (CCJ) Misses Q1 EPS by 6c, Revenues Beat

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Go back to Cameco Corp. (CCJ) Misses Q1 EPS by 6c, Revenues Beat

Cameco reports first quarter results, Cigar Lake restart and the continued execution of strategy to support global clean-air transition

May 7, 2021 7:00 AM EDT

SASKATOON, Saskatchewan, May 07, 2021 (GLOBE NEWSWIRE) -- Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the first quarter ended March 31, 2021 in accordance with International Financial Reporting Standards (IFRS).

Our first quarter results were as expected, said Tim Gitzel, Camecos president and CEO. With the continued execution of our strategy and the unplanned disruptions due to the COVID-19 pandemic, we are not at the regular tier-one run rate of our business. However, despite the near-term costs of our strategy and associated with the precautionary production... More