Cameco Corp. (CCJ) Tops Q1 EPS by 8c

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Cameco Reports First Quarter Results, Beginning to Benefit From Strategic Decisions as Uranium Prices Improve; Well-Positioned With Leverage to Market Transition

May 5, 2022 6:59 AM EDT

SASKATOON, Saskatchewan--(BUSINESS WIRE)-- Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the first quarter ended March 31, 2022 in accordance with International Financial Reporting Standards (IFRS).

With the recent uranium price increase, we are beginning to enjoy the benefits of the strategic and deliberate decisions we have made. And, with leverage to rising prices, we are well-positioned to continue to capture value from the market transition we believe is underway, and that is supported by the fundamentals; fundamentals characterized by durable, full-cycle demand against a backdrop of... More