Boss Energy Lifts Uranium Output, Cuts Costs and Advances Growth Plans

The latest update is out from Boss Energy ( (AU:BOE) ).

Boss Energy reported a strong December quarter, highlighted by record drummed production of 456,000 pounds at its Honeymoon operation, an 18% increase, and in-situ recovery production of 406,000 pounds, keeping the company on track to meet its FY26 guidance of 1.6 million pounds. While Alta Mesa’s drummed production fell 31% to 143,000 pounds, ongoing work on NIMCIX columns and the commencement of flushing at Wellfield B5, which is expected to enter production in the third quarter of FY26, underpin future output. Financial performance improved with an average realised uranium price of $112.2 per pound driving quarterly sales of $39.3 million, while C1 cash costs fell to $30 per pound and AISC to $49 per pound, prompting downward revisions to cost guidance and underscoring a solid margin profile supported by $208 million in cash and liquid assets. The company is also advancing growth initiatives, including accelerating permitting at Brooks Dam North, Jason’s and Gould’s Dam, and launching a new feasibility study following a completed review of Honeymoon, with the timely delivery of this study designated as a key strategic priority.

The most recent analyst rating on (AU:BOE) stock is a Hold 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 a global multi-mine uranium producer listed on the ASX and OTCQX, with core operations including the Honeymoon project in Australia and the Alta Mesa project in the US. The company is focused on supplying uranium to the global nuclear fuel market and is pursuing further resource growth and project permitting to expand its production base.

Average Trading Volume: 9,435,434

Technical Sentiment Signal: Sell

Current Market Cap: A$776.3M

For an in-depth examination of BOE stock, go to TipRanks’ Overview page.