
Cameco Corporation reported strong financial results for the fourth quarter of 2024, with earnings per share (EPS) of C$0.36, surpassing analysts' expectations of C$0.21. The company achieved revenues of C$1.18 billion, significantly exceeding the forecast of C$840 million. This performance was attributed to robust sales and pricing in the uranium sector, as well as contributions from Westinghouse. The company maintains a positive outlook for the nuclear energy market, emphasizing its strategy focused on marketing, production, and financial discipline. In a related development, Newmont Corporation also reported its fourth-quarter results for 2024, with an adjusted EPS of $1.40, beating estimates of $1.08. Newmont's revenues reached $5.65 billion, exceeding expectations of $5.12 billion, driven by a notable increase in gold production and sales. Despite these strong results, Newmont's stock experienced a decline of 4.5% following management's guidance indicating higher costs for 2025.
$HCC JeffCo sees upside case of $80 based on Aus HCC prices of $300... one can dream š https://t.co/1kZQ7S8jBD
$NEM Proceeds from divestments of non-core assets, impressive and encouraging to see this mgmt executing the rationalisation plan over $4.3bn of sale proceeds in the pipeline. https://t.co/1JHtmls12W
$NEM Investment thesis from GS https://t.co/uXfFirHc7J



