Production cuts and some price gains helped Cameco Corp. post a better-than-expected profit in its latest quarter, but it said industry headwinds remain. “You will see from our results that we had a strong finish to 2018,” CEO Tim Gitzel told on a conference call Monday. A drill is shown during a Cameco media tour of the uranium mine in Cigar Lake, Wednesday, September 23, 2015. The adjusted earnings were well ahead of analyst expectations of 23 cents per share for the quarter, according to Thomson Reuters Eikon. And it’s really in no one’s interest to put hurt on the utilities.” Companies in this story: (TSX:CCO)

Source: thestar February 11, 2019 17:16 UTC