The Motley Fool Australia
9h ago
Morgans rates Boss Energy, Northern Star and Woodside shares as accumulate, accumulate and hold
Boss Energy (ASX: BOE) reported a quarterly operating update, with Alta Mesa producing 362klb of uranium in 4Q FY2024, up 79% quarter on quarter, meeting its full-year production guidance. However, Alta Mesa’s output was just 45klb on a 100% basis, about 78% below market consensus, as permitting delays held back the start-up of new wellfields. The stock was kept at an ACCUMULATE rating, while the target price was cut to A$1.40 from A$1.55.