Bannerman Energy (BMN) AI Stock Analysis

• Market Cap: $371.99M
• Dividend Yield: N/A
• Average Volume (3M): 929.07K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.93
• Revenue Growth: N/A
• EPS Growth: 22.46%
• Country: AU
• Employees: 41
• Sector: Energy
• Sector Strength: 52
• Industry: Uranium
• EPS (TTM): -0.04
• Shares Outstanding: 178,840,760
• 10 Day Avg. Volume: 778,463
• 30 Day Avg. Volume: 929,073
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -70.40
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $4.32
• Price Target Upside: 107.79% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3

Bannerman Energy's overall stock score is driven by its poor financial performance and unattractive valuation. The company faces operational inefficiencies and negative profitability, compounded by bearish technical indicators. Without positive cash flows or a compelling valuation, the stock remains a high-risk investment, which is reflected in its low score.

Bannerman Energy Business Overview & Revenue Model

Company Description

Bannerman Energy Ltd (BMN) is a company engaged in the exploration and development of uranium properties. The company's primary focus is on its flagship Etango Uranium Project located in Namibia, Africa, which is one of the world's largest undeveloped uranium projects. Bannerman Energy is active in the energy sector, specifically within the nuclear energy supply chain, aiming to provide a reliable source of uranium for use in nuclear power generation.

How the Company Makes Money

Bannerman Energy makes money primarily through the exploration and potential future mining and sale of uranium. The company's revenue model is centered on the development of its Etango Uranium Project, which involves the extraction of uranium ore and its conversion into uranium concentrate for sale to utilities and other entities involved in nuclear power generation. Key revenue streams will include the sale of uranium concentrate, as well as potential partnerships and off-take agreements with nuclear power utilities that secure future sales. The company's earnings are influenced by factors such as uranium market prices, regulatory approvals, and the successful advancement of its mining projects.

Bannerman Energy Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
0.00	1.39M	99.00K	0.00	0.00
	Gross Profit
-53.00K	1.35M	67.00K	-35.00K	-18.00K
	EBIT
-5.69M	-4.70M	-3.47M	-2.34M	-2.47M
	EBITDA
-5.73M	-4.66M	-3.44M	-2.24M	-2.30M
	Net Income Common Stockholders
-9.52M	-4.64M	-3.45M	-2.25M	-2.27M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
24.08M	42.59M	51.93M	12.46M	4.17M
	Total Assets
107.79M	112.96M	119.84M	66.96M	52.27M
	Total Debt
63.00K	16.00K	16.00K	16.00K	46.00K
	Net Debt
-23.98M	-42.57M	-51.91M	-12.44M	-4.13M
	Total Liabilities
2.08M	2.25M	1.95M	599.00K	547.00K
	Stockholders Equity
106.70M	111.09M	117.95M	66.41M	51.68M
Cash Flow		Free Cash Flow
-18.19M	-9.28M	-7.42M	-2.92M	-2.12M
	Operating Cash Flow
-2.63M	-2.33M	-2.19M	-1.44M	-1.50M
	Investing Cash Flow
-15.82M	-7.00M	-12.48M	-1.48M	-626.00K
	Financing Cash Flow
-88.00K	96.00K	54.22M	11.21M	36.00K

Bannerman Energy Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.08
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BMN, the sentiment is Negative. The current price of 2.08 is below the 20-day moving average (MA) of 2.16, below the 50-day MA of 2.32, and below the 200-day MA of 2.70, indicating a bearish trend. The MACD of -0.10 indicates Positive momentum. The RSI at 47.07 is Neutral, neither overbought nor oversold. The STOCH value of 36.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:BMN.

Bannerman Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55 Neutral	$7.10B	3.56	-6.61%	5.99%	-0.03%	-51.62%
BOE	52 Neutral	$1.17B	22.85	-4.52%	―	―	-127.09%
AGE	45 Neutral	AU$108.46M	―	-5.22%	―	―	―
PDN	45 Neutral	$2.22B	28.42	-1.76%	―	―	-119.85%
DYL	37 Underperform	$997.19M	―	-1.42%	―	-97.09%	49.32%
BMN	36 Underperform	$371.99M	―	-4.30%	―	―	22.46%
ERA	34 Underperform	$810.79M	―		―	―	88.27%

Bannerman Energy Corporate Events

Bannerman Energy Strengthens Governance with New Joint Company Secretary Appointment

Bannerman Energy Ltd has appointed Ms. Karen Logan as Joint Company Secretary, effective April 22, 2025. With over 20 years of governance and regulatory compliance experience, Ms. Logan’s appointment is expected to bolster the company’s governance framework. This strategic move aligns with Bannerman’s ongoing efforts to advance its Etango Uranium Project in Namibia, as the company progresses towards a final investment decision amidst favorable uranium market conditions. The appointment underscores Bannerman’s commitment to strengthening its operational capabilities and enhancing stakeholder communication.

Bannerman Energy Schedules Quarterly Report Release and Webinar

Bannerman Energy Ltd has announced that it will release its Quarterly Activities and Cashflow Report for the period ending March 31, 2025, on April 24, 2025. The company will also host a quarterly update webinar on the same day, providing stakeholders with insights into its financial performance and operational updates.

Bannerman Energy Advances Etango Uranium Project Construction

Bannerman Energy Ltd has made significant progress in the early construction works of its Etango Uranium Project, despite minimal disruptions from recent heavy rains in Namibia. The company reports that construction activities are on schedule and within budget, with key infrastructure such as the primary crusher site fully excavated and power infrastructure established. Bannerman’s strong cash position allows for a flexible, phased approach to project development, with a positive Final Investment Decision on Etango targeted for 2025. This progress positions Bannerman favorably within the uranium market, as it continues to align its construction activities with market dynamics and financial capacity.

Bannerman Energy Announces Board Changes Amidst Etango Project Progress

Bannerman Energy Ltd announced the resignation of Mike Leech as a Non-Executive Director, effective immediately, due to personal reasons. He will continue to serve as a Director of Bannerman’s Namibian subsidiary. The company has decided not to appoint a replacement director at this time, following recent board appointments. Leech’s contributions, particularly his expertise in Namibian uranium mining, have been instrumental in advancing the Etango project, which is progressing towards a positive Final Investment Decision amid strengthening uranium market conditions.

Bannerman Energy Advances Etango Uranium Project with Key Approvals

Bannerman Energy Ltd has made significant progress with its Etango Uranium Project in Namibia, having completed a Definitive Feasibility Study and a scoping study that demonstrate strong potential for increased production. The company has received all necessary environmental approvals and a mining license, positioning it well in the uranium market. Namibia’s favorable investment climate and Bannerman’s commitment to ESG principles bolster its standing in the industry.