Boss Energy Achieves Key Production Milestone at Honeymoon Uranium Operation

Boss Energy ( (AU:BOE) ) just unveiled an update.

Boss Energy Limited has successfully met its first-year production guidance at the Honeymoon Uranium Operation, achieving a significant milestone with 850,000 lbs of U3O8 drummed. This accomplishment underscores the effectiveness of their processing circuit changes, including the adoption of ion exchange technology, and positions the company for substantial growth in production and cashflow, capitalizing on the favorable demand-supply outlook for uranium.

The most recent analyst rating on (AU:BOE) stock is a Buy with a A$5.85 price target. To see the full list of analyst forecasts on Boss Energy stock, see the AU:BOE Stock Forecast page.

More about Boss Energy

Boss Energy Limited is a company operating in the uranium industry, focusing on the production and development of uranium resources. Its primary operation is the Honeymoon Uranium Project located in South Australia, which is a key contributor to its market presence.

Average Trading Volume: 6,415,595

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1.8B

For a thorough assessment of BOE stock, go to TipRanks’ Stock Analysis page.