Cameco profits up by a third on higher commodity prices

Cameco's 4Q net earnings were were $73 million ($0.18 per share diluted), an increase of $9 million compared to $64 million ($0.16 per share diluted) in 2013 due to higher average realized prices and lower average unit cost of sales.

The company also noted help from lower exploration expenditures and higher income tax recovery.

Looking forward Cameco expects revenue to decrease up to 5% in 2015 due to an expected decrease in uranium and fuel services sales volumes.

Table from Cameco.