Australia's Boss Energy hits 9-month high on upbeat uranium prices

Boss Energy

07/05/2025 06:06

** Shares of Boss Energy BOE.AX jump 10.6% to A$3.915, hitting their highest since July 17, 2024

** Stock among top gainers on the benchmark ASX 200 index .AXJO

** Uranium miner says commodity prices have hit "an all-time high" of A$128/lb

** Notes uranium is exempt from U.S. tariffs, says utilities are re-entering market following a period of uncertainty due to sanctions and tariffs

** Stock rose as much as 12.2% to A$3.97 in early trade

** More than 6.7 million shares change hands vs 30-day avg volume of around 6.2 million shares

** Boss up 60.7% YTD, including current session's moves

 (Reporting by Nikita Maria Jino in Bengaluru)

 ((Nikita.Jino@thomsonreuters.com;))