Australia's Boss Energy advances on higher quarterly output from uranium mine

Boss Energy

29/10/2025 02:29

Updates

** Shares of Australia's Boss Energy BOE.AX rise as much as 18.9% to A$1.89, their biggest intraday pct gain since June 16

** Stock hits its highest level since October 17

** The uranium miner posts quarterly drummed production of 385,910 lbs of U3O8 from Honeymoon uranium Project in South Australia, 11% higher than June quarter

** Jefferies says production from Honeymoon continues to be strong relative to outlook

        ** Brokerage, however, flags ongoing uncertainty from the project's independent operational review due in Q2 FY26 continues to cloud medium/long-term outlook

** About 18.1 million shares change hands, vs the 30-day average of 10.7 million

** Stock down 23.7% YTD, including the day's moves

 (Reporting by Sneha Kumar and Nikita Maria Jino in Bengaluru)

 ((Sneha.kumar@thomsonreuters.com;))