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Boss Energy ( (AU:BOE) ) has provided an update.
Boss Energy said heavy rainfall has disrupted operations at its Honeymoon Uranium Operation in South Australia, restricting site access and limiting deliveries of reagents and other essential inputs for production. The company expects reagent deliveries and production to resume by 14 March 2026 and is using the downtime to complete a planned shutdown to connect new plant, wellfield and power infrastructure aimed at boosting capacity.
As a result of both lower solution grades and the weather-related disruption, expected Q3 FY26 U3O8 output has been cut to 240,000–270,000 pounds, down from 456,000 pounds in Q2. Despite the near-term hit, Boss has reaffirmed its FY26 production guidance of 1.6 million pounds, signalling that management expects stronger output, including a record quarter of drummed production in the final quarter, which should reassure investors about the longer-term production trajectory.
The most recent analyst rating on (AU:BOE) stock is a Buy with a A$2.00 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 an Australian uranium producer focused on its Honeymoon Uranium Operation in South Australia. The company’s primary product is U3O8, positioning it within the nuclear fuel supply chain and giving it exposure to global uranium demand dynamics.
Average Trading Volume: 9,745,928
Technical Sentiment Signal: Sell
Current Market Cap: A$788.7M
Find detailed analytics on BOE stock on TipRanks’ Stock Analysis page.