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Boss Energy Benefits from enCore’s Q1 2025 Uranium Production

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Boss Energy ( (AU:BOE) ) has provided an update.

Boss Energy Limited announced that enCore Energy Corp, the operator of the Alta Mesa Uranium Project, reported its Q1 2025 operational and financial results. The project is ramping up to produce 1.5 million pounds of uranium annually. In the first quarter, 130,015 pounds of uranium were extracted at a cost of $36.11 per pound, with 290,000 pounds delivered into sales contracts at an average price of $62.89 per pound. Additionally, 29,126 pounds were transferred to Boss Energy’s account, indicating a positive impact on Boss Energy’s operations and financial positioning in the uranium market.

The most recent analyst rating on (AU:BOE) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on Boss Energy stock, see the AU:BOE Stock Forecast page.

More about Boss Energy

Boss Energy Limited is a company involved in the uranium industry, primarily focusing on uranium production and sales. It holds a 30% stake in the Alta Mesa Uranium Project in Texas, which is operated by enCore Energy Corp.

Average Trading Volume: 6,196,524

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1.64B

For a thorough assessment of BOE stock, go to TipRanks’ Stock Analysis page.

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