Cameco reports Q4 net loss

Rocked by a higher impairment charge and the weaker Canadian dollar, Canada’s largest uranium producer Cameco has reported a fourth-quarter loss of C$10-million, or C$0.03 a share – reflecting a decrease of C$83-million compared with the company's net earnings of $73-million in the fourth quarter of 2014. Excluding special items, the company earned C$0.38 a share for the three months ended December 31, underperforming analyst estimates of an adjusted profit of C$0.49 a share.