Australia's Boss Energy jumps on quarterly output beat

By Reuters News03:56 (UTC), 28 October 2026 Updated

** Shares of Australia's Boss Energy BOE.AX jump 8.9% to A$1.475, set for their best session since August 24

** Uranium producer's flagship Honeymoon project in South Australia logs drummed output of 359klbs in the Sept quarter, 17% above Visible Alpha consensus estimates according to Jefferies

** Jefferies attributes the beat to a higher uranium tenor of 43 mg/L versus 37 mg/L in its forecast, which offset below expectation flow rates

** Company says it remains on track to achieve FY27 production guidance of 1.25 million-1.30 million lbs of U3O8 (triuranium octoxide)

** Stock up 0.7% YTD

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