Cameco the bell weather uranium stock in the stock market has cooled the hot uranium market to start the year.
The uranium giant released preliminary 2016 results and earnings yesterday after the bell.
Cameco expects a net loss for 2016 as well as more job cuts to come.
CEO Tim Gitzel appeared on BNN this morning to discuss the uranium market and some of the challenges his company is facing.
As of writing the stock is off 15.94% and is sending most uranium names into the red.