Boss Energy Ltd (ASX: BOE), an ASX 200 uranium stock, saw its shares soar by 16.59% in intraday trading, outpacing the broader market's gains. The surge comes on the back of the company's impressive quarterly production results and strong sales figures from its South Australian Honeymoon project.

The company reported a significant increase in uranium production for the quarter ending March 31. Ion exchange (IX) uranium production reached 246,869 pounds, up 15% from the previous quarter. More impressively, U3O8 production soared to 295,819 pounds, marking a 116% increase. Boss Energy achieved a record production of 123,188 pounds of U3O8 in February alone, equivalent to an annualized run-rate of approximately 1.5 million pounds.

Boss Energy's Managing Director, Duncan Craib, expressed confidence in meeting the company's guidance of 850,000 lbs for the year ending June 30. Additionally, the company reported strong sales of 268,000 lbs of uranium at an average price of US$84 per pound, generating US$22.4 million in cash. With a uranium inventory of 1.12 million pounds as of March 31, Boss Energy appears well-positioned in the current market. The positive results and outlook have likely contributed to the stock's significant price increase, attracting investor attention in the uranium sector.