BANNERMAN ENERGY LIMITED (BMN)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

BMN - BANNERMAN ENERGY LIMITED

FNArena Sector : Uranium

Year End: June

GICS Industry Group : Energy

Debt/EBITDA: -0.01

Index: ASX300 | ALL-ORDS

LAST PRICE	CHANGE +/-	CHANGE %	VOLUME
$2.40 28 Mar 2025	0.010 OPEN $2.35	0.42% HIGH $2.42	858,820 LOW $2.32

TARGET

$7.40

208.3% upside

OTHER COMPANIES IN THE SAME SECTOR
1AE . AEE . AGE . AKN . ASN . BKY . BOE . BSN . C29 . CXO . CXU . DEV . DYL . EL8 . EL8 . ERA . GLA . GTR . GUE . HAR . I88 . KOB . LAM . LOT . MEU . NXG . ORP . PDN . PEN . SLX . TOE . WCN .

FNARENA'S MARKET CONSENSUS FORECASTS

Title	FY23 Actual	FY24 Actual	FY25 Forecast	FY26 Forecast
EPS (cps)	xxx	- 6.3	- 4.0	xxx
DPS (cps)	xxx	0.0	0.0	xxx
EPS Growth	xxx	N/A	N/A	xxx
DPS Growth	xxx	N/A	N/A	xxx
PE Ratio	xxx	N/A	N/A	xxx
Dividend Yield	xxx	N/A	0.0%	xxx
Div Pay Ratio(%)	xxx	N/A	N/A	xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

HISTORICAL DATA ARE ALL IN AUD

Copyright © 2025 FactSet UK Limited. All rights reserved

Title	2019	2020	2021	2022	2023	2024
EPS Basic	xxx	xxx	xxx	xxx	xxx	-6.3
DPS All	xxx	xxx	xxx	xxx	xxx	0.0
Sales/Revenue	xxx	xxx	xxx	xxx	xxx	0.0 M
Book Value Per Share	xxx	xxx	xxx	xxx	xxx	69.8
Net Operating Cash Flow	xxx	xxx	xxx	xxx	xxx	-2.6 M
Net Profit Margin	xxx	xxx	xxx	xxx	xxx	-

EPS Basic

Negative
Growth
Slowing

DPS All

Negative
Growth
Slowing

Sales/Revenue

Negative
Growth
Slowing

Book Value Per Share

Negative
Growth
Slowing

Net Operating Cash Flow

Negative
Growth
Slowing

Net Profit Margin

Title	2019	2020	2021	2022	2023	2024
Return on Capital Employed	xxx	xxx	xxx	xxx	xxx	-8.74 %
Return on Invested Capital	xxx	xxx	xxx	xxx	xxx	-8.74 %
Return on Assets	xxx	xxx	xxx	xxx	xxx	-8.62 %
Return on Equity	xxx	xxx	xxx	xxx	xxx	-8.74 %
Return on Total Capital	xxx	xxx	xxx	xxx	xxx	-5.31 %
Free Cash Flow ex dividends	xxx	xxx	xxx	xxx	xxx	-2.7 M

Return on Capital Employed

Negative
Growth
Slowing

Return on Invested Capital

Negative
Growth
Slowing

Return on Assets

Negative
Growth
Slowing

Return on Equity

Negative
Growth
Slowing

Return on Total Capital

Negative
Growth
Slowing

Free Cash Flow ex dividends

Negative
Growth
Slowing

Title	2019	2020	2021	2022	2023	2024
Short-Term Debt	xxx	xxx	xxx	xxx	xxx	0 M
Long Term Debt	xxx	xxx	xxx	xxx	xxx	0 M
Total Debt	xxx	xxx	xxx	xxx	xxx	0 M
Goodwill - Gross	xxx	xxx	xxx	xxx	xxx	-
Cash & Equivalents - Generic	xxx	xxx	xxx	xxx	xxx	24 M
Price To Book Value	xxx	xxx	xxx	xxx	xxx	4.68

Short-Term Debt

Negative
Growth
Slowing

Long Term Debt

Negative
Growth
Slowing

Total Debt

Negative
Growth
Slowing

Goodwill - Gross

Cash & Equivalents - Generic

Negative
Growth
Slowing

Price To Book Value

Negative
Growth
Slowing

Title	2019	2020	2021	2022	2023	2024
Capex	xxx	xxx	xxx	xxx	xxx	15.6 M
Capex % of Sales	xxx	xxx	xxx	xxx	xxx	-
Cost of Goods Sold	xxx	xxx	xxx	xxx	xxx	0 M
Selling, General & Admin. Exp & Other	xxx	xxx	xxx	xxx	xxx	6 M
Research & Development	xxx	xxx	xxx	xxx	xxx	-
Investments - Total	xxx	xxx	xxx	xxx	xxx	4 M

Capex

Negative
Growth
Slowing

Capex % of Sales

Cost of Goods Sold

Negative
Growth
Slowing

Selling, General & Admin. Exp & Other

Negative
Growth
Slowing

Research & Development

Investments - Total

Negative
Growth
Slowing

Negative

Growth

Slowing

EXPERT VIEWS
EXTRA COVERAGE

EXPERT VIEWS

Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

BROKER	DATE	RATING	RECOMMENDATION	TARGET PRICE	% TO REACH TARGET	COMMENTARY
Shaw and Partners	13/02/2025	1	Buy, High Risk	$7.40	208.33%	Shaw and Partners notes early works are well underway at Bannerman Energy’s Etango Uranium Project in Namibia following a recent site visit. The project's scale and scalability are considered key strengths. The broker now views Etango as a project in development for the current cycle rather than an advanced exploration project for the next cycle. Shaw and Partners retains a Buy, High-Risk rating with a $7.40 target price. FORECAST Shaw and Partners forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -4.00 cents. Shaw and Partners forecasts a full year FY26 dividend of 0.00 cents and EPS of minus -3.00 cents.

BROKER

DATE

RATING

RECOMMENDATION

TARGET PRICE

% TO REACH TARGET

COMMENTARY

Shaw and Partners

13/02/2025

Buy, High Risk

$7.40

208.33%

Shaw and Partners notes early works are well underway at Bannerman Energy’s Etango Uranium Project in Namibia following a recent site visit. The project's scale and scalability are considered key strengths.

The broker now views Etango as a project in development for the current cycle rather than an advanced exploration project for the next cycle.

Shaw and Partners retains a Buy, High-Risk rating with a $7.40 target price.

FORECAST
Shaw and Partners forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -4.00 cents.
Shaw and Partners forecasts a full year FY26 dividend of 0.00 cents and EPS of minus -3.00 cents.

Access Stockbroker Research History >

EXTRA COVERAGE

Display All Commentary

No. Of Recommendations

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER	DATE	RATING	RECOMMENDATION	TARGET PRICE	% TO REACH TARGET	COMMENTARY
Canaccord Genuity	xx/xx/xxxx	1	xxxxxxxxxxx xxx	$xx.xx	xx.xx%	Broker commentary and detailed analysis is available for Full Members Only. Login above or Get a Free Trial
Petra Capital	12/11/2024	1	Buy	$4.51	87.92%	Petra Capital is tactically upbeat on Bannerman Energy and believes the stock is fundamentally cheaper than its Namibian developer peer, Deep Yellow (DYL). The Etango project has received its mining license, with all necessary permits in place and early works underway. A final investment decision is extended into 2025. The company is a tactical preference for the broker, who sees opportunities in ASX uranium stocks, which have under-performed North American peers like Cameco. Buy rated with a $4.51 target price. FORECAST Petra Capital forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -1.00 cents. Petra Capital forecasts a full year FY26 dividend of 0.00 cents and EPS of minus -0.20 cents.

BROKER

DATE

RATING

RECOMMENDATION

TARGET PRICE

% TO REACH TARGET

COMMENTARY

Canaccord Genuity

xx/xx/xxxx

xxxxxxxxxxx xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Petra Capital

12/11/2024

Buy

$4.51

87.92%

Petra Capital is tactically upbeat on Bannerman Energy and believes the stock is fundamentally cheaper than its Namibian developer peer, Deep Yellow (DYL).

The Etango project has received its mining license, with all necessary permits in place and early works underway. A final investment decision is extended into 2025.

The company is a tactical preference for the broker, who sees opportunities in ASX uranium stocks, which have under-performed North American peers like Cameco.

Buy rated with a $4.51 target price.

FORECAST
Petra Capital forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -1.00 cents.
Petra Capital forecasts a full year FY26 dividend of 0.00 cents and EPS of minus -0.20 cents.

Access Extra Coverage Research History >

BMN STOCK CHART

FNArena News on BMN

1	Uranium Week: Tariff Paralysis Mar 18 2025 - Weekly Reports

2	Australian Broker Call Extra Edition – Mar 12, 2025 Mar 12 2025 - Daily Market Reports

3	Uranium Week: Capitulation Near The Bottom? Mar 11 2025 - Weekly Reports

4	Australian Broker Call Extra Edition – Feb 25, 2025 Feb 25 2025 - Daily Market Reports

5	Rudi’s View: Best Ideas & Conviction Calls Feb 20 2025 - Rudi's View

Latest Uranium News

1	Uranium Week: Small Positives Mar 25 2025 - Weekly Reports

2	Uranium Week: Tariff Paralysis Mar 18 2025 - Weekly Reports

3	Uranium Week: Capitulation Near The Bottom? Mar 11 2025 - Weekly Reports

4	Uranium Week: Let’s Wait & See What Happens Mar 04 2025 - Weekly Reports

5	Uranium Week: Russia Come-Back Uncertainty Feb 25 2025 - Weekly Reports

6	Uranium Week: Confusing Spot Weakness Feb 18 2025 - Weekly Reports

7	Uranium Week: Sharpen Your Bullish Horns Feb 11 2025 - Weekly Reports

8	Uranium Week: Tariffs & DeepSeek Worries Feb 04 2025 - Weekly Reports

9	Uranium Week: Trump Weighs On Sentiment Jan 28 2025 - Weekly Reports

10	Uranium Week: Trump Tariff Concerns Jan 21 2025 - Weekly Reports

Dividend Yield Today On Last Actual Payout :	0.00
Estimated Dividend Growth (Average Of Past Three Years)	%
Amount Invested	$
Tell Me The Dividend After This Many Years

	Yield	Yield on investment
This Year
Year 1
Year 2
Year 3
Year 4
Year

Get 2 Weeks free trial

Sign Up

Member Login

BANNERMAN ENERGY LIMITED (BMN)
Share Price Analysis and Chart