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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (145428)	2/9/2023 9:23:42 AM
From: Goose94	Read Replies (2) of 202175

Cameco (CCO-T) Tops Estimates, Sees Strong 2023 The nation's largest uranium producer says things are looking up for the nuclear fuel industry. Higher uranium prices helped power Cameco to a fourth quarter adjusted profit beat, as the world looks for alternative fuel sources in the transition to a greener economy. Cameco is also pointing to the Russian invasion of Ukraine as something of a watershed moment for the global energy industry, with CEO Tim Gitzel calling it “the most transformative event for our industry,” as gas shortages threatened global energy security, thus increasing the appeal of alternative fuels from safe, stable jurisdictions. You'll want to stay tuned for our conversation with Gitzel this morning at 1010ET BNN.ca

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