Aussie uranium miners rise on Boss Energy's upbeat project production results

Boss Energy

29/04/2025 05:42

** Uranium miners Boss Energy BOE.AX, Paladin PDN.AX, and Deep Yellow DYL.AX rise between 9% and 12%, leading gainers in benchmark ASX200 Index .AXJO

** Boss Energy says that its key Honeymoon project in South Australia has generated its first free cash flow on successful ramp-up

** Reports quarterly uranium trioxide production of the project at 295,819 pounds, up 116% QoQ

** Co says it puts the project track to meet FY25 production outlook

** BOE stock hits its highest level since February 18

** YTD, DYL has dropped 0.9%, less than PDN's 18% and BOE's tumble of 18% and 30%, respectively

 (Reporting by Kumar Tanishk in Bengaluru)

 ((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk;))