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Boss Energy ( (AU:BOE) ) just unveiled an update.
Boss Energy reported a record quarterly production of uranium, with significant milestones achieved in their ramp-up efforts, including the commissioning of new columns and the initiation of trunkline construction. Financially, the company maintained a strong position with cash and liquid assets of $212.4 million and no debt, while achieving production costs below guidance, indicating robust operational efficiency. The company is also advancing growth initiatives, such as accelerating permitting processes and acquiring new properties, which positions it well for future expansion and meeting its fiscal year guidance.
The most recent analyst rating on (AU:BOE) stock is a Hold with a A$2.10 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 is a global multi-mine uranium producer, operating in the energy sector with a focus on uranium production and exploration. The company is listed on the Australian Securities Exchange (ASX: BOE) and the OTCQX (BQSSF), and it is involved in the development and management of uranium mines to supply the global energy market.
Average Trading Volume: 11,425,816
Technical Sentiment Signal: Sell
Current Market Cap: A$690.8M
See more data about BOE stock on TipRanks’ Stock Analysis page.