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Global X Uranium ETF (URA)

  • Oct. 29, 2014, 3:13 PM
    • Cameco (CCJ -3.9%) says it expects full-year revenue to fall up to 5% as it trims its 2014 uranium production forecast to 22.6M-22.8M lbs. from an earlier view of 22.8M-23.3M lbs.
    • CCJ says it cut its production outlook to reflect the impact of labor issues at its McArthur River mine and Key Lake mill, and lower than expected production from Cigar Lake mine; McArthur River, the company's biggest mine, was offline for two weeks in August and September due to a lockout.
    • CCJ reported Q3 earnings and revenues that fell short of expectations, as its average realized uranium price fell to $45.87/lb. from $50.73 in the year-ago quarter.
    • ETFs: URA, NLR, NUCL
  • May. 1, 2013, 9:45 AM
    Cameco's (CCJ -4.4%) 93% profit plunge in Q1 is the result of 38% lower uranium sales volumes and a 1% drop in realized prices (URA). Expects the market to remain in wait-and-see mode while it searches for catalysts such as Japanese reactor restarts. Sees full-year uranium production of 23.3 lbs. and sales volumes of 31M-33M lbs., though Q1 sales were just 5.1M lbs.
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  • Nov. 1, 2012, 8:07 AM
    Cameco (CCJ): Q3 EPS of $0.13 misses by $0.12. Revenue of $408M (-22.6% Y/Y) misses by $158M. Issues in-line guidance for FY12, sees revenues flat to -5% Y/Y to ~$2.23B-2.35B vs. $2.25B consensus estimate. (PR)
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URA Description
The Global X Uranium ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Uranium Index.
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