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Boss Energy ( (AU:BOE) ) has shared an announcement.
Boss Energy is strategically positioned to capitalize on the rising long-term uranium prices, which have reached an all-time high in AUD. The company is set to benefit from favorable industry developments, including increased support for nuclear development in the US and expansion of nuclear reactors in countries like China, India, Japan, Canada, and France. With 65 reactors under construction globally, the highest since 1990, Boss Energy’s operations are poised to gain from these positive market conditions.
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 is a global multi-mine uranium producer, focusing on the extraction and production of uranium. The company operates in the energy sector, specifically targeting the nuclear energy market, which is experiencing growth due to increased global demand for nuclear power.
YTD Price Performance: -29.84%
Average Trading Volume: 8,784,261
Technical Sentiment Signal: Sell
Current Market Cap: A$707.4M
For detailed information about BOE stock, go to TipRanks’ Stock Analysis page.