Jefferies optimistic on Australia's Boss Energy's operational performance
24/03/2025 19:51
** Jefferies says it is optimistic on uranium developer Boss Energy BOE.AX's strong operational performance and favourable sector tailwinds
** Site visit to Honeymoon site in South Australia reveals co's proficiency in low-cost ISR mining, a mining method used to extract minerals, brokerage says
** Jefferies highlights need to confirm operational metrics for confidence in FY25 forecast or to identify potential risks
** Reiterates 'buy' rating, with A$3.20 price target, citing expected catalysts in second half of year
** 10 of 11 analysts rate stock "buy" or higher and 1 as "hold"; their mean PT is A$4 – LSEG data
** Stock up 14.4% YTD
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk;))
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Brief: Boss Energy Says Production Guidance For FY2027 Is 1.25 To 1.30Mlbs U3o8