Boss Energy's uranium production strengthens market position

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This video was created on 29 October 2025 for IG audiences by ausbiz.

ASX code: BOE

Boss Energy’s uranium production strengthens market position

Boss Energy, a prominent uranium miner has been garnering attention following a strong September quarter. The company recorded drum production of nearly 400,000 pounds of uranium at a cash cost of $34 per pound. Boss Energy remains on track to meet its 2026 guidance of 1.6 million pounds in output.

Uranium market dynamics and recent developments

The broader uranium market is experiencing a surge, influenced by recent announcements involving some of the industry’s biggest players. Cameco, a leading global uranium provider, saw its shares rise by over 20% following its partnership agreement with Brookfield Asset Management and the United States (US) government to build new nuclear reactors in the US. This deal will involve financing and approvals for at least US$80 billion worth of new Westinghouse reactors, creating a ripple effect that boosted uranium stocks, including Boss Energy.

Investment outlook

Boss Energy’s trajectory has attracted both interest and caution from investors. The stock suffered a significant setback in July, following revised production forecasts that unsettled the market. The share price has since fluctuated, influenced by sentiments about the uranium industry and stock-specific information. Boss Energy has maintained a strong balance sheet with $212 million in cash and no debt, linking its performance closely to uranium price movements. However, the stock is also notable for its substantial short interest, currently the highest in the market, standing at 22.6%.