2311 ET - For investors seeking exposure to uranium mining, there are lower-risk options than Boss Energy. That's the view of Macquarie after Boss reported a A$7.3 million loss in 1H. The outcome represented a sizeable miss to Macquarie's estimates, although this largely reflected accounting approaches. Macquarie says Boss Energy is "a complicated proposition" for investors. Boss has experienced setbacks at its Honeymoon uranium mine in South Australia and Macquarie highlights risks around the so-called wide spacing trials planned by the company to improve performance. "We believe investors should wait to see more definitive results from wider spaced leach trials first before making an investment decision," Macquarie says. It retains an underperform call on Boss Energy's stock. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

March 03, 2026 18:11 ET (23:11 GMT)

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