Rising prices of some mining commodities gave support for the materials sector in a winning week.
UBS analysts upgraded Newmont to buy from neutral on positive 2025 guidance and overall positive earnings momentum driven by gold prices.
Macquarie analysts expect Boss Energy to exceed fiscal 2025 production guidance of 850,000 pounds of U3O8, forecasting 912,000 pounds. They maintained an outperform rating, citing its leverage to a uranium price recovery.
Write to Paulo Trevisani at paulo.trevisani@wsj.com
(END) Dow Jones Newswires
April 11, 2025 17:28 ET (21:28 GMT)
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