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An announcement from Boss Energy ( (AU:BOE) ) is now available.
Boss Energy Limited announced that the Alta Mesa Uranium Project, operated by enCore Energy Corp, has achieved higher uranium extraction rates. The project is ramping up to an annualized production rate of 1.5 million pounds of U3O8, with recent uranium captures peaking at 3,705 pounds per day. This development signifies a significant operational expansion, with the addition of 28 new wells, enhancing the project’s capacity and potentially strengthening Boss Energy’s market position in the uranium sector.
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 Limited operates in the energy sector, focusing on uranium production and related services. The company holds a 30% stake in the Alta Mesa Uranium Project in Texas, which is primarily involved in uranium extraction.
Average Trading Volume: 6,388,007
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.83B
Find detailed analytics on BOE stock on TipRanks’ Stock Analysis page.