New Cameco CEO Eyeing Acquisitions

G&M reports Cameco Corp.’s (TSX:CCO,NYSE:CCJ) new CEO, Tim Gitzel is eyeing new acquisitions and projects.

The market news is quoted as saying:

“Valuations are down … You would scrub projects again. Probably some that you might have looked at six months ago, you’d go back with a different eye again and the numbers would probably look different,” Mr. Gitzel said in an interview on Wednesday. “If we find something that makes sense to us, that’s available, we have the ability and capacity to move quickly on that.”

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