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Cameco / Company ‘Excited’ By Fundamentals, Despite Q1 Net Loss

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Canadian uranium miner Cameco reported a loss for the first quarter of 2021, but president and chief executive officer Tim Gitzel said the company was “excited” about the fundamentals of uranium supply and demand.

“First, demand for nuclear power is becoming more certain as the mega trend of increasing electrification while phasing out carbon-intensive sources of energy continues to take hold around the globe,” he told analysts on a conference call.
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