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Boss Energy ( (AU:BOE) ) has provided an announcement.
Boss Energy reported a sharp fall in quarterly uranium output at its Honeymoon and Alta Mesa operations due to rain-related disruptions, with Honeymoon drummed production down 56% and Alta Mesa down 32%. The lower volumes pushed C1 cash costs and all-in sustaining costs significantly higher, though the company maintained its FY26 cost guidance and realised an average uranium price of $106 per pound, underpinned by a strong cash and liquid asset position of $211 million.
The miner reaffirmed revised FY26 production guidance of 1.40–1.45 million pounds and highlighted ongoing ramp-up initiatives, including completion of additional NIMCIX processing capacity and new wellfields coming online. It also accelerated the development pathway for the Gould’s Dam and Jason’s deposits after upgrading their mineral resource estimates, reinforcing its long-term growth pipeline and potential to strengthen its position in the uranium market.
The most recent analyst rating on (AU:BOE) stock is a Hold with a A$1.55 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, operating assets including the Honeymoon project and Alta Mesa. The company focuses on supplying uranium to the nuclear fuel market and is expanding its resource base through developments at Gould’s Dam and Jason’s Deposit in Australia.
Average Trading Volume: 6,660,352
Technical Sentiment Signal: Sell
Current Market Cap: A$653.8M
For a thorough assessment of BOE stock, go to TipRanks’ Stock Analysis page.