{"id":7634,"date":"2018-04-27T11:55:54","date_gmt":"2018-04-27T15:55:54","guid":{"rendered":"http:\/\/lifeinsurance-orleans.ca\/Life-Insurance-Blog\/?guid=445cb9cfd2ff2ed5d930c79287ba9a23"},"modified":"2018-04-27T11:55:54","modified_gmt":"2018-04-27T15:55:54","slug":"cameco-reports-turn-to-a-profit-in-q1-compared-with-loss-a-year-ago","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2018\/04\/27\/cameco-reports-turn-to-a-profit-in-q1-compared-with-loss-a-year-ago\/","title":{"rendered":"Cameco reports turn to a profit in Q1 compared with loss a year ago"},"content":{"rendered":"<p>SASKATOON &#8212; Uranium miner Cameco Corp. reported a profit in its latest quarter compared with a loss a year ago as it was helped by a restructuring of its Kazakh joint venture and higher uranium prices and sales.<\/p>\n<p>The Saskatoon-based company says it earned $55 million, or 14 cents per share, for the quarter ended March 31 compared with a loss of $14 million, or five cents per share a year ago.<\/p>\n<p>Revenue improved to $439 million compared with $393 million.<\/p>\n<p>Uranium sales in the quarter totalled 6.6 million pounds, up from 5.7 million pounds a year ago, while the average realized price improved to $54.13 per pound compared with $45.51 last year.<\/p>\n<p>The results in the most recent quarter included a $49-million gain related to the restructuring at its Inkai joint venture in Kazakhstan.<\/p>\n<p>On an adjusted basis, which excluded the one-time gain as well as other items, Cameco says it earned $23 million or six cents per share in its most recent quarter compared with a loss of $29 million or seven cents per share a year ago.<\/p>\n<p>Companies in this story: (TSX:CCO)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SASKATOON &mdash; Uranium miner Cameco Corp. reported a profit in its latest quarter compared with a loss a year ago as it was helped by a restructuring of its Kazakh joint venture and higher uranium prices and sales. The Saskatoon-based company says it earned $55 million, or 14 cents per share, for the quarter ended [&hellip;]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/7634"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=7634"}],"version-history":[{"count":1,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/7634\/revisions"}],"predecessor-version":[{"id":7636,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/7634\/revisions\/7636"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=7634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=7634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=7634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}