Cameco Corporation reported Q3 2025 results on November 5, 2025, showing mixed financial performance overshadowed by significant strategic developments and production guidance adjustments.
Financial Performance (Q3 2025 vs. Prior Year): Adjusted Net Earnings (ANE) increased 33% year-over-year to \(32 million. However, Q3 revenue declined to \)614.6 million (from \(720.6 million), and Adjusted EBITDA fell 5% to \)310 million due to lower volumes. The quarter recorded a net loss of \((158k), heavily influenced by a \)(69.8M) loss on derivatives and a $(65.9M) net loss from equity-accounted invest
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