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Highlights

Cameco Corporation
Highlights

(Unaudited)

     
Three Months Ended
Six Months Ended
     
June 30/99
June 30/98
June 30/99
June 30/98

Financial (in millions)                  
  Revenue   $181   $157   $328   $289  
  Earnings from operations   35   33   57   59  
  Net earnings attributable to common shares   15   19   24   37  
  Cash provided by operations   35   60   69   81  
  Working capital (end of period)   -   -   420   451  
  Total debt to capitalization   -   -   25%   15%  
                     
 
Per common share                  
  Net earnings   $0.26   $0.34   $0.41   $0.65  
  Cash provided by operations   0.61   1.04   1.20   1.42  
  Dividend   0.125   0.125   0.250   0.250  
 
  Weighted average number of paid common
     shares outstanding (in thousands)
  57,403   57,262   57,387   57,239  
 
Average uranium spot price for the period (US$/lb)   $10.62   $10.84   $10.57   $11.06  
 
Note: Currency amounts are expressed in Canadian dollars unless stated otherwise.