Cameco Q4 Earnings: Record Uranium Production
Oh, how the mighty have fallen. And quite frankly, it’s not even a result of poor performance. But rather, just investor sentiment.
Cameco (TSX: CCO) is down over 29% since it’s all time highs recorded in December. And year to date, it’s down over 17%. And that’s after delivering pretty well on every bit of guidance it issued. Including uranium production, and even adjusted EBITDA contributions from Westinghouse.
But some bad press on Inkai, and China claiming AI only needs a fraction of current AI power levels, and well, Cameco has come crashing down. Just how she goes sometimes.
Let’s dive in.
Not a recommendation to buy or sell securities. Always do additional research and consult a professional before purchasing a security. The Deep Dive and its affiliates hold no licenses.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
