November 2, 2016 / 12:07 PM / a year ago

Cameco swings to quarterly profit

Nov 2 (Reuters) - Canadian uranium producer Cameco Corp swung to a quarterly profit, largely helped by a 35 percent jump in uranium sales volumes.

The company reported a net profit of C$142 million, or 36 Canadian cents per share, attributable to equity holders in the third quarter ended Sept. 30, compared with a loss of C$4 million, or 1 Canadian cent per share, a year earlier.

Revenue rose 3.2 percent to C$670 million ($501.4 million). ($1 = 1.34 Canadian dollars) (Reporting by Rod Nickel in Winnipeg and Sruthi Shankar in Bengaluru; Editing by Sriraj Kalluvila)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below