The Market Wrap.
The sector tape — Uranium · Fri, Nov 6
Uranium fut. 91.85 SPUT 18.52 +0.38% URA 32.34 +4.39% URNM 41.28 +3.02% Cameco 71.3 +4.35% Kazatomprom 60.9 +1.50% NexGen 8.25 +4.04% UEC 6.92 +6.79% Paladin 7.46 -0.00% Centrus 104.6 +17.49% Constellation 249.95 +4.30% Oklo 23.55 +22.66% NuScale 5.08 +16.25% BWXT 119.52 +3.97%

Uranium & Nuclear Energy Corner

Friday, October 30, 2026 · The Market Wrap

Uranium & Nuclear Energy Corner

Friday, 2026-10-30 · covering the last 24h

Upstream — mining & supply

Cameco posts a Q3 loss and narrows 2026 output guidance after a longer Key Lake outage. The quarter ended September 30 brought net earnings of $43m but an adjusted net loss of $2m and adjusted EBITDA of $267m, which Cameco tied to a planned maintenance outage at the Key Lake mill that ran longer than scheduled, cutting production and raising costs, plus lower sales volumes. It narrowed 2026 consolidated production guidance to 19.5–20.5 million lb U3O8 (from 19.5–21.5 million) and raised its average unit-cost-of-sales guidance to US$67.00–$70.00/lb. Its equity stake in Westinghouse also weighed on the print: Cameco's share of Westinghouse's net loss was $24m for the quarter, taking the nine-month figure to an $80m loss against $32m of earnings in the same period of 2025. Cameco (SEC filing) · Mining.com

Midstream — conversion, enrichment & fuel

The conversion, enrichment and fabrication links held still in this window, and the Russian-import-ban file saw no fresh movement.

Nuclear energy — reactors, industry & demand

Nothing new from reactor vendors, SMR developers or utilities broke through in this window.

The Chatter

Friday brought no fresh argument from Trader Ferg, The Oregon Group, Uranium Insider or Sprott's own insights; FNArena's Uranium Week column is still due for its next edition, last credited here on Tuesday.

Informational only — summaries of public sources and third-party commentary; not investment advice.

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