Boss Energy's September Quarter Shows 'Solid' Production, Costs, Says Euroz Hartleys, Shares Down 3%

MT Newswires Live
Oct 30

Boss Energy's (ASX:BOE) September quarter activities report showed "solid" production and all-in sustaining costs, said Euroz Hartleys in a Wednesday note.

The company on Wednesday reported record drummed production of 385,910 pounds of triuranium octoxide in the September quarter from its Honeymoon project in South Australia. It achieved an average realized price of AU$114.30 per pound with sales and loan repayments of AU$57.1 million.

The research firm said it continues to expect "lumpiness" in sales volume and revenue due to heavy spot triuranium octoxide exposure, although the company has flagged that sales should broadly match production over the remainder of fiscal year 2026.

Euroz Hartleys has maintained a hold rating on Boss Energy with a price target of AU$2.80.

The company's shares fell almost 3% in recent Thursday trade.

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