0048 GMT - There are lower-risk and higher-quality opportunities than Boss Energy among ASX-listed uranium stocks for exposure to improving uranium prices, Macquarie says. The bank is disappointed by 3Q Alta Mesa production, which it says adds to FY26 weakness for Boss. Macquarie reiterates an underperform rating on the stock and trims its target by 3.7% to A$1.30/share, citing a lower cash balance. The miner's FY27 outlook for the Honeymoon mine, expected in the September quarter, will be key, Macquarie adds. Boss Energy is down 0.4% at A$1.42. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)
(END) Dow Jones Newswires
May 03, 2026 20:48 ET (00:48 GMT)
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