Australia's Boss Energy jumps on quarterly output beat
28/10/2026 03:56
BUZZ-Australia's Boss Energy jumps on quarterly output beat ** Shares of Australia's Boss Energy BOE.AX jump 8.9% to A$1.475, set for their best session since August 24
** Uranium producer's flagship Honeymoon project in South Australia logs drummed output of 359klbs in the Sept quarter, 17% above Visible Alpha consensus estimates according to Jefferies
** Jefferies attributes the beat to a higher uranium tenor of 43 mg/L versus 37 mg/L in its forecast, which offset below expectation flow rates
** Company says it remains on track to achieve FY27 production guidance of 1.25 million-1.30 million lbs of U3O8 (triuranium octoxide)
** Stock up 0.7% YTD
(Reporting by Shruti Agarwal in Bengaluru)
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