Why Cameco Corporation's Stock Jumped 14.6% Today

Shares of uranium company Cameco Corporation (NYSE: CCJ) jumped as much as 14.8% in trading on Wednesday after reporting 2021 financial results. Shares closed the day within a penny of their high in trading. 

Revenue was down 15% to $465 million; net earnings for the quarter were $11 million; and adjusted net earnings were $23 million. For the year, the company lost $103 million, or $98 million on an adjusted basis.

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Source Fool.com