Cameco: Q1 Earnings Snapshot

May 5, 2022 GMT

SASKATOON, Saskatchewan (AP) _ Cameco Corp. (CCJ) on Thursday reported first-quarter net income of $31.6 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Saskatoon, Saskatchewan-based company said it had profit of 8 cents. Earnings, adjusted for non-recurring gains, were 3 cents per share.

The uranium producer posted revenue of $314.2 million in the period.

Cameco shares have risen 21% since the beginning of the year. The stock has increased 45% in the last 12 months.


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