Australia's Boss Energy jumps on quarterly output beat

By Reuters News

** 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

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.
The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.
To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.
 

Cryptocurrency-related content is intended solely as news and market commentary. Crypto Derivatives are not available to Retail clients registered with Capital Com (UK) Ltd.