Earnings call briefThird-quarter 2026
Cameco narrows its uranium production range and tightens its delivery range
Cameco said it now expects higher direct administrative costs and higher average unit costs of sales.
GetSignal Cameco CCJ
Cameco said on its third-quarter call that it has narrowed its range for its share of uranium production from Cigar Lake and McArthur River/Key Lake to 19.5 million to 20.5 million pounds. It said it has tightened its range for annual uranium deliveries to 29.5 million to 30.5 million pounds. It also lowered its capital spending for the year, as some mining and fuel services projects and work moved beyond the 2026 calendar year.
Quotes from the call
“We've narrowed our expectation for our share of uranium production from Cigar Lake and McArthur River/Key Lake to between 19.5 million and 20.5 million pounds. We've tightened the expected range of annual uranium deliveries to between 29.5 million and 30.5 million pounds.”
Key facts from the call
- Narrowed uranium production range
- 19.5 million to 20.5 million pounds
- Tightened annual uranium delivery range
- 29.5 million to 30.5 million pounds
Source: Cameco's third-quarter 2026 earnings call, October 30, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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