Key Highlights

  • Elevate Uranium (ASX:EL8) closed at $0.21, Aura Energy (ASX:AEE) at $0.072 and Boss Energy (ASX:BOE) at $1.50 on 12 November 2026.
  • The three declines ranged from 9.39% to 10.64% on the session, while the S&P/ASX 200 closed at 9,146.80, down about 0.07%.
  • Each company's latest report predates the trading session, so none of the share price moves are linked to a release from that day.

Three ASX-listed uranium companies closed lower on 12 November 2026, with Elevate Uranium (ASX:EL8) closing at $0.21, down 10.64%, Aura Energy (ASX:AEE) closing at $0.072, down 10.00%, and Boss Energy (ASX:BOE) closing at $1.50, down 9.39%. The S&P/ASX 200 closed at 9,146.80, lower by about 6.40 points or roughly 0.07%. The companies are at different stages, from exploration and pilot testing to production, and their latest updates were released across mid-to-late October.

Elevate Uranium (ASX:EL8): U-pgrade Pilot Results and Marenica

Elevate's quarterly activities report, dated 30 October 2026, set out first pilot-scale results from its U-pgrade process. Stages 1 to 4 achieved cumulative mass rejection of about 88% and a 79% uranium recovery, with Marenica ore lifted from 89 to 590 parts per million uranium. Stage 5 uranium flotation was commissioned in August, and integrated five-stage results are expected in the December 2026 quarter.

The company has executed agreements to lift its interest in the Marenica Uranium Project from 75% to 90% on completion. It drilled 718 holes for 31,115 metres at Marenica during the quarter and reported cash holdings of $22.2 million.

Aura Energy (ASX:AEE): Tiris Feasibility Study and Pilot Plant

Aura's bankable feasibility study for the Tiris Uranium Project in Mauritania was announced on 16 October 2026. It shows a post-tax net present value of US$500.3 million on a 100% ungeared basis, at an 8% real discount rate and a uranium price of US$90 per pound. Aura has appointed a new Leadership team, with Executive Chair Phil Mitchell leading project financing through to financial close.

The pilot plant at Bir Moghrein is under construction, with commissioning expected to start in November 2026 and testing due for completion in December 2026.

Boss Energy (ASX:BOE): Honeymoon Production and the Wellfield Transition

Boss's September 2026 quarterly report, released on 28 October 2026, recorded drummed production of 359 thousand pounds of U3O8 at Honeymoon, down 1%. The company reported C1 cost of $47 per pound and All-In Sustaining Cost of $79 per pound, both in line with FY27 guidance, with an average realised sale price of $117 per pound.

Boss completed its first full quarter from wellfield B6 and has begun flushing at EKT1, the first wellfield using the wide-spaced design. Cash and Liquid assets totalled $195 million, and the company is working toward a regional production hub.

Final Word

The three uranium companies show different paths, with Elevate refining its processing, Aura preparing for financing and construction, and Boss operating and changing its wellfield design. The share price falls on 12 November came without new releases that day, and each company's next reports will mark progress on its own milestones.