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Highlights

Cameco Corporation
Highlights

(Unaudited)

     
Three Months Ended
 
     
March 31/99
 
March 31/98

Financial (in millions)            
  Revenue  

$147

   

$132

 
  Earnings from operations  

22

   

26

 
  Net earnings attributable to common shares  

9

   

18

 
  Cash provided by operations  

34

   

22

 
  Working capital (end of period)  

380

   

425

 
  Total debt to capitalization   25%     14%  
 
Per common share            
  Earnings  

$0.15

   

$0.31

 
  Cash provided by operations  

0.59

   

0.38

 
  Dividend  

0.125

   

0.125

 
 
  Weighted average number of paid common
     shares outstanding (in thousands)
 

57,306

   

57,261

 
 
Average uranium spot price for the period (US$/lb)  

$10.52

   

$11.27

 
 
Note: Currency amounts are expressed in Canadian dollars unless stated otherwise.