Cameco logo

CCO - Cameco News Story

C$13.87 0.2  1.1%

Last Trade - 07/08/20

Sector
Energy
Size
Large Cap
Market Cap £3.14bn
Enterprise Value £3.22bn
Revenue £1.17bn
Position in Universe 88th / 2679

BUZZ-Cameco Corp: Falls on temporary suspension of Ontario facility

Wed 8th April, 2020 3:25pm
** Toronto-listed shares  CCO.TO  of uranium producer down
1.6% at C$12.41
    ** Company implements temporary operational changes at its
fuel services division facilities in Ontario as it finds it
difficult to maintain an adequate workforce due to
coronavirus-related challenges
    ** Says UF6 plant at Port Hope conversion facility will be
placed in a temporary safe shutdown state for about four weeks
 urn:newsml:reuters.com:*:nGNX23FLls
    ** Says COVID-19 related screening protocols and other
measures have created significant difficulty in achieving the
workforce levels required for continued operation
    ** While production at Blind River refinery is temporarily
suspended, the operation will remain open to receive uranium
concentrate deliveries
    ** CCO stock up 9.4% YTD as of last close

 (Reporting by Arundhati Sarkar in Bengaluru)
 ((Arundhati.Sarkar@thomsonreuters.com; +1 646 223 8780 Ext:
2776; Reuters Messaging:
arundhati.sarkar.thomsonreuters.com@reuters.net))
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.