ON SEMICONDUCTOR CORPORATION

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Delayed Nasdaq  -  05/19 04:00:00 pm EDT
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Two killed in Niger uranium mine collapse, company says

01/17/2022 | 02:15am EDT

NIAMEY (Reuters) - Two people have died and two others were injured in a collapse at French nuclear group Orano's COMINAK uranium mine in Niger, COMINAK said in a statement on Sunday.

The cause of Saturday's collapse was not clear but it occurred during "dismantling" of the mine, which officially stopped producing in 2021 after nearly 50 years because of depleted reserves, the company said.

"All site activities have been suspended until further notice and an investigation is underway to determine the circumstances of the accident," COMINAK said.

Orano owns a 59% stake in COMINAK. Spain's ENUSA and Niger's state-run miner SOPAMIN hold 10% and 31% respectively.

(Reporting By Boureima Balima; Writing by Edward McAllister; Editing by Andrew Cawthorne)


© Reuters 2022
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Financials (USD)
Sales 2022 7 995 M - -
Net income 2022 2 077 M - -
Net Debt 2022 316 M - -
P/E ratio 2022 12,1x
Yield 2022 -
Capitalization 24 363 M 24 363 M -
EV / Sales 2022 3,09x
EV / Sales 2023 2,76x
Nbr of Employees 31 650
Free-Float 71,4%
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Mean consensus BUY
Number of Analysts 29
Last Close Price 56,07 $
Average target price 72,44 $
Spread / Average Target 29,2%
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Managers and Directors
Hassane El-Khoury President, Chief Executive Officer & Director
Sam Thad Trent Chief Financial Officer, Treasurer & Executive VP
Alan Campbell Director
Johannes M. C. Stork Chief Technology Officer & Senior Vice President
Wei-Chung Wang Executive VP-Global Manufacturing & Operations
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