• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Energy Market
    Energy News
    Energy Stocks
    • Energy Market
    • Energy News
    • Energy Stocks
    uranium investing

    Uranium One Announces 2016 Production of 12.7 Million Pounds

    Jocelyn Aspa
    Mar. 13, 2017 08:24AM PST
    Energy Investing

    Uranium One (TSX:UUU) has reported revenue of $314.6 for 2016, with attributable revenue at $405.7 million for 2016 based on sales of 13.5 pounds. Attributable production for 2016 was 12.7 million pounds. As quoted in the press release: 2016 HighlightsOperational Total attributable production during 2016 was 12.7 million pounds, compared with total attributable production of …

    Uranium One (TSX:UUU) has reported revenue of $314.6 for 2016, with attributable revenue at $405.7 million for 2016 based on sales of 13.5 pounds. Attributable production for 2016 was 12.7 million pounds.
    As quoted in the press release:

    2016 Highlights
    Operational

    • Total attributable production during 2016 was 12.7 million pounds, compared with total attributable production of 12.5 million pounds during 2015.
    • The average total cash cost per pound sold of produced material decreased to $9 per pound during 2016, compared to $11 per pound during 2015.

    Financial

    • Attributable sales volumes of produced material for 2016 were 13.5 million pounds sold from the Corporation’s operations and equity accounted investees compared to 12.3 million pounds sold during 2015.
    • Headline revenue was $314.6 million in 2016, compared to $324.7 million in 2015.
    • Attributable revenues consistent with the Corporation’s segment reporting, which includes revenues from its interests in equity accounted investees, amounted to $405.7 million in 2016, compared to $541.2 million in 2015.
    • The average realized sales price of produced material during 2016 was $27 per pound, compared to $36 per pound in 2015. The average spot price in 2016 was $26 per pound compared to $37 per pound in 2015.
    • Gross profit was $41.9 million during 2016, compared to gross profit of $4.4 million in 2015.
    • Gross profit, including the Corporation’s share of gross profit from equity accounted investees, totaled $132.5 million in 2016, a 35% decrease compared to $204.5 million in 2015, mainly due to a decrease of 22% in the average realized sales price, partly offset by an increase of 10% in sales volume.
    • Net earnings for 2016 were $252.6 million or $0.26 per share, compared to net earnings of $70.7 million or $0.07 per share for 2015.

    Click here to read the full press release.

    tsx:uuuuranium oneuranium investing
    The Conversation (0)

    Go Deeper

    AI Powered
    Uranium Outlook

    Uranium Outlook

    Nuclear reactors with upward trending graph overlay.

    Cameco, Kazatomprom Production Cuts Stoke Uranium Market Tightness

    Latest News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Energy Investing Stocks

    Skyharbour Resources

    SYH:CA

    xU3O8 (uranium.io)

    Saga Metals

    SAGA:CA

    Basin Energy

    BSN:AU

    AuKing Mining

    AKN:AU

    North Shore Uranium

    NSU:CC
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES