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Cameco Announces 2024 Results; Strong Performance Across All Segments; Westinghouse Distribution; Strategy Centered on Marketing, Production, Financial Discipline Expected to Generate Full-Cycle Value; Positive Outlook for Nuclear Energy

1. Cameco reports Q4 and 2024 full-year IFRS results with strong uranium and Westinghouse performance. 2. Earnings details, though truncated, may boost investor confidence in CCJ.

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FAQ

Why Bullish?

Cameco's robust Q4 and full-year results in key segments, historically, have led to favorable market reactions. Similar uranium earnings announcements previously triggered share price gains when strong numbers offset concerns.

How important is it?

Earnings releases have a significant short-term impact on share prices. Although truncated, the strong performance in uranium and Westinghouse segments is a crucial indicator for investors.

Why Short Term?

Earnings announcements typically prompt immediate price adjustments due to new investor sentiment and rapid revaluation. Past earnings releases in the uranium sector have seen sharp short-term movements.

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URA
SASKATOON, Saskatchewan--(BUSINESS WIRE)---- $CCJ #cameco--Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the fourth quarter and year ended December 31, 2024, in accordance with International Financial Reporting Standards (IFRS). “Our 2024 full-year financial performance benefitted from strong fourth quarter results delivered by our uranium and Westinghouse segments,” said Tim Gitzel, Cameco's president and CEO. “Although both net earnings and adjusted net earni.

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