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Bannerman Energy
(Sydney:BMN)
Bannerman Energy (BMN) vs. iShares MSCI Australia ETF (EWA)
Bannerman Energy Business Overview & Revenue Model
Bannerman Energy Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 13.00K | 13.00K | 0.00 | 1.39M | 99.00K | 0.00 |
| Gross Profit | -44.00K | 13.00K | -53.00K | 1.35M | 67.00K | -35.00K |
| EBITDA | -7.21M | -7.21M | -5.73M | -4.66M | -3.44M | -2.24M |
| Net Income | -4.10M | -4.10M | -9.52M | -4.64M | -3.45M | -2.25M |
Balance Sheet | ||||||
| Total Assets | 195.35M | 195.35M | 107.79M | 112.96M | 119.84M | 66.96M |
| Cash, Cash Equivalents and Short-Term Investments | 58.64M | 58.64M | 24.08M | 42.59M | 51.93M | 12.46M |
| Total Debt | 68.00K | 68.00K | 63.00K | 16.00K | 16.00K | 16.00K |
| Total Liabilities | 8.66M | 8.66M | 2.08M | 2.25M | 1.95M | 599.00K |
| Stockholders Equity | 189.69M | 189.69M | 106.70M | 111.09M | 117.95M | 66.41M |
Cash Flow | ||||||
| Free Cash Flow | -23.09M | -46.23M | -18.19M | -9.28M | -7.42M | -2.92M |
| Operating Cash Flow | -1.40M | -2.78M | -2.63M | -2.33M | -2.19M | -1.44M |
| Investing Cash Flow | -55.27M | -55.27M | -15.82M | -7.00M | -12.48M | -1.48M |
| Financing Cash Flow | 80.39M | 80.39M | -88.00K | 96.00K | 54.22M | 11.21M |
Bannerman Energy Technical Analysis
Bannerman Energy Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
57 Neutral | AU$1.99B | 275.68 | 1.08% | ― | -100.00% | ― | |
55 Neutral | AU$4.77B | -60.42 | -6.47% | ― | ― | -163.65% | |
52 Neutral | $747.56M | -146.34 | -2.73% | ― | ― | 60.83% | |
49 Neutral | AU$170.18M | -10.45 | -26.26% | ― | ― | -75.25% | |
46 Neutral | AU$238.77M | -43.85 | -6.30% | ― | ― | -67.12% | |
37 Underperform | AU$1.22B | ― | ― | ― | -100.00% | 98.06% |
Bannerman Energy Corporate Events
Bannerman Energy has lodged Change of Director’s Interest Notices (Appendix 3Y) for each of its directors with the Australian Securities Exchange, reflecting updates to their holdings in the company’s securities. The disclosure, authorised by Joint Company Secretary Karen Logan, underscores Bannerman’s adherence to ASX corporate governance and continuous disclosure requirements regarding directors’ interests, providing transparency to investors and other stakeholders around changes in board members’ equity positions.
The most recent analyst rating on (AU:BMN) stock is a Buy with a A$5.30 price target. To see the full list of analyst forecasts on Bannerman Energy stock, see the AU:BMN Stock Forecast page.
Bannerman Energy Ltd has notified the Australian Securities Exchange of the cessation of a total of 33,997 options, comprising 11,328 options expiring 15 November 2031 (ASX code BMNAR) and 22,669 options expiring 15 November 2032 (ASX code BMNAAO), which lapsed on 16 December 2025 after conditions attached to these rights were not satisfied. The lapsing of these conditional options marginally reduces the company’s potential future share dilution and slightly streamlines its capital structure, with limited immediate operational impact but some relevance for investors tracking Bannerman’s outstanding equity-based instruments and fully diluted share count.
The most recent analyst rating on (AU:BMN) stock is a Buy with a A$5.30 price target. To see the full list of analyst forecasts on Bannerman Energy stock, see the AU:BMN Stock Forecast page.
Bannerman Energy has issued a total of 564,389 new unquoted equity securities under its 2025/26 Employee Incentive Plan, comprising several new classes of unlisted zero exercise price options (ZEPOs) with expiry dates ranging from November 2029 to November 2033. The move reinforces the company’s use of long-term, performance-linked equity incentives to align employees’ interests with shareholders and may incrementally increase the company’s unquoted securities base, signalling ongoing reliance on equity-based compensation as a tool for talent retention and strategic execution.
The most recent analyst rating on (AU:BMN) stock is a Buy with a A$5.30 price target. To see the full list of analyst forecasts on Bannerman Energy stock, see the AU:BMN Stock Forecast page.
Bannerman Energy has notified the market of the issue of new unquoted equity securities under its employee incentive arrangements, including several tranches of zero exercise price options (ZEPOs) granted on 16 December 2025 to directors and employees, with expiries in November 2028, 2029 and 2033. The move reinforces the company’s reliance on long-term, performance-based equity incentives to align management and staff with shareholder interests, potentially affecting future dilution while supporting retention and incentivisation of key personnel as Bannerman advances its uranium development strategy.
The most recent analyst rating on (AU:BMN) stock is a Buy with a A$5.30 price target. To see the full list of analyst forecasts on Bannerman Energy stock, see the AU:BMN Stock Forecast page.
Bannerman Energy Ltd has provided an update on its early construction works at the Etango Uranium Project in Namibia, reporting significant progress that aligns with its budget and schedule. Key achievements include the completion of over half of the bulk earthworks, advancements in heap leach pad construction, and the successful delivery of critical equipment such as the tertiary crusher. The company has also placed a strong emphasis on utilizing local contractors, maintaining safety excellence with 16 years without Lost Time Injuries, and advancing detailed design phases for its infrastructure to ensure timely project delivery. These developments further consolidate Bannerman’s positioning as a key player in sustainable uranium production, supporting both stakeholders and the broader energy sector.
The most recent analyst rating on (AU:BMN) stock is a Buy with a A$5.30 price target. To see the full list of analyst forecasts on Bannerman Energy stock, see the AU:BMN Stock Forecast page.
Bannerman Energy Ltd has announced its achievement of the 2025 Sustainability Targets and set new targets for 2026, reflecting its commitment to sustainable practices. This announcement underscores Bannerman’s strategic focus on advancing its Etango Uranium Project, enhancing its market positioning in the uranium sector, and reinforcing its role as a leader in ESG within the industry.
The most recent analyst rating on (AU:BMN) stock is a Buy with a A$5.30 price target. To see the full list of analyst forecasts on Bannerman Energy stock, see the AU:BMN Stock Forecast page.
Bannerman Energy Ltd has announced the quotation of new securities on the Australian Securities Exchange (ASX), with a total of 202,175 ordinary fully paid shares issued on various dates in December 2025. This move is part of the company’s strategy to enhance its financial position and support its ongoing projects, potentially impacting its market presence and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:BMN) stock is a Buy with a A$5.30 price target. To see the full list of analyst forecasts on Bannerman Energy stock, see the AU:BMN Stock Forecast page.
Bannerman Energy Ltd has announced that State Street Corporation and its subsidiaries have ceased to be substantial holders in the company as of November 24, 2025. This change in substantial holding could impact Bannerman Energy’s shareholder structure and may influence its market positioning and investor relations.
The most recent analyst rating on (AU:BMN) stock is a Buy with a A$5.30 price target. To see the full list of analyst forecasts on Bannerman Energy stock, see the AU:BMN Stock Forecast page.
Bannerman Energy Ltd has announced the adoption of a new constitution, which was approved by its shareholders at the recent Annual General Meeting. This change reflects the company’s ongoing efforts to align its governance framework with current corporate standards, potentially impacting its operational efficiency and stakeholder relations.
The most recent analyst rating on (AU:BMN) stock is a Buy with a A$5.30 price target. To see the full list of analyst forecasts on Bannerman Energy stock, see the AU:BMN Stock Forecast page.
Bannerman Energy Ltd announced that all resolutions presented at its Annual General Meeting were passed by poll. This outcome reflects strong shareholder support for the company’s strategic initiatives and governance, potentially strengthening its position in the energy sector and providing reassurance to stakeholders about its future direction.
The most recent analyst rating on (AU:BMN) stock is a Buy with a A$5.30 price target. To see the full list of analyst forecasts on Bannerman Energy stock, see the AU:BMN Stock Forecast page.
Bannerman Energy Ltd has released a presentation for its Annual General Meeting, highlighting the progress of the Etango Uranium Project. The company emphasizes its disciplined and flexible approach to advancing the project, which is crucial for its strategic positioning in the energy market. This announcement is significant for stakeholders as it underscores Bannerman’s commitment to its core projects and its potential impact on the uranium industry.
The most recent analyst rating on (AU:BMN) stock is a Buy with a A$5.30 price target. To see the full list of analyst forecasts on Bannerman Energy stock, see the AU:BMN Stock Forecast page.
Bannerman Energy Ltd has announced that State Street Corporation and its subsidiaries have ceased to be substantial holders in the company as of November 6, 2025. This change in substantial holding could impact Bannerman Energy’s shareholder dynamics and influence within the market, potentially affecting its strategic decisions and investor relations.
The most recent analyst rating on (AU:BMN) stock is a Buy with a A$4.27 price target. To see the full list of analyst forecasts on Bannerman Energy stock, see the AU:BMN Stock Forecast page.
Bannerman Energy Ltd announced a change in the director’s interest notice for its Executive Chairman, Brandon Munro. The change involves the exercise of vested performance rights under the Employee Incentive Plan and the subsequent sale of a portion of shares to cover tax liabilities. This transaction reflects the company’s ongoing management of executive compensation and its implications for shareholder interests.
The most recent analyst rating on (AU:BMN) stock is a Buy with a A$4.27 price target. To see the full list of analyst forecasts on Bannerman Energy stock, see the AU:BMN Stock Forecast page.
Bannerman Energy Ltd has announced the quotation of new securities on the Australian Securities Exchange (ASX), with a total of 2,018,956 ordinary fully paid shares being issued. This move is part of the company’s ongoing efforts to enhance its capital structure and support its strategic initiatives, potentially impacting its market positioning and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:BMN) stock is a Buy with a A$4.27 price target. To see the full list of analyst forecasts on Bannerman Energy stock, see the AU:BMN Stock Forecast page.
Bannerman Energy Ltd has announced that State Street Corporation and its subsidiaries have ceased to be substantial holders in the company as of October 30, 2025. This change in substantial holding could impact Bannerman Energy’s shareholder structure and potentially influence its market positioning and investor relations.
The most recent analyst rating on (AU:BMN) stock is a Buy with a A$4.27 price target. To see the full list of analyst forecasts on Bannerman Energy stock, see the AU:BMN Stock Forecast page.
Bannerman Energy Ltd announced that it will webcast its 2025 Annual General Meeting (AGM), scheduled for 13 November 2025. The company is emphasizing enhanced shareholder engagement and ESG considerations, including board renewal, improved gender diversity, and strong sustainability performance. Shareholders are encouraged to participate in the AGM via proxy voting or webcast, but voting will not be available through the webcast. Bannerman is also focusing on organizational diversity and community investment, reflecting its commitment to sustainability and stakeholder interests.
The most recent analyst rating on (AU:BMN) stock is a Buy with a A$4.27 price target. To see the full list of analyst forecasts on Bannerman Energy stock, see the AU:BMN Stock Forecast page.
Bannerman Energy Ltd announced a presentation by Executive Chairman Brandon Munro at the Global Uranium Conference 2025 in Adelaide, Australia. This presentation highlights the company’s strategic approach to the Etango Uranium Project, emphasizing disciplined execution and flexibility to enhance long-term value. The announcement underscores Bannerman’s commitment to strengthening its position in the uranium market, potentially impacting stakeholders by showcasing its project management capabilities.
The most recent analyst rating on (AU:BMN) stock is a Buy with a A$4.27 price target. To see the full list of analyst forecasts on Bannerman Energy stock, see the AU:BMN Stock Forecast page.
Bannerman Energy Ltd has reported significant progress in its Etango Uranium Project, with key developments in construction activities and safety measures. The company has maintained a 16-year LTI-free safety record and has signed initial offtake contracts with two North American generation companies, enhancing its credibility as a new supply source. With a strong cash balance and a positive outlook on uranium prices, Bannerman is advancing towards a targeted Final Investment Decision, demonstrating its capability to meet future supply commitments.
The most recent analyst rating on (AU:BMN) stock is a Buy with a A$4.10 price target. To see the full list of analyst forecasts on Bannerman Energy stock, see the AU:BMN Stock Forecast page.
Bannerman Energy Ltd reported its quarterly cash flow for the period ending September 30, 2025. The company experienced a net cash outflow from operating activities amounting to $1.89 million, primarily due to staff and administrative costs. Investing activities resulted in a significant cash outflow of $13.31 million, largely attributed to expenditures on property, plant, equipment, and exploration. However, the company successfully raised $85 million through the issuance of equity securities, resulting in a net cash inflow of $80.72 million from financing activities. This influx of funds positions Bannerman Energy to continue its exploration and development efforts, potentially strengthening its market position in the uranium sector.
The most recent analyst rating on (AU:BMN) stock is a Buy with a A$4.10 price target. To see the full list of analyst forecasts on Bannerman Energy stock, see the AU:BMN Stock Forecast page.
Bannerman Energy Ltd has announced its upcoming Annual General Meeting scheduled for November 13, 2025. Shareholders are encouraged to vote online, and the company emphasizes electronic communication for future shareholder interactions. This move reflects Bannerman’s commitment to modernizing shareholder engagement and streamlining communication processes.
The most recent analyst rating on (AU:BMN) stock is a Buy with a A$4.10 price target. To see the full list of analyst forecasts on Bannerman Energy stock, see the AU:BMN Stock Forecast page.
Bannerman Energy Ltd has announced that it will release its Quarterly Activities and Cashflow Report for the period ending September 2025 on October 16, 2025. The company will also host a quarterly update webinar on the same day to discuss the report’s details. This announcement is significant as it provides stakeholders with insights into Bannerman’s financial performance and operational activities, potentially impacting investor confidence and market positioning.
The most recent analyst rating on (AU:BMN) stock is a Buy with a A$4.10 price target. To see the full list of analyst forecasts on Bannerman Energy stock, see the AU:BMN Stock Forecast page.
Bannerman Energy Ltd announced the issuance of unquoted equity securities under an employee incentive scheme. This issuance includes options expiring in 2031 and 2032, which are not immediately tradable on the ASX due to transfer restrictions. This move is part of Bannerman’s strategy to incentivize employees and align their interests with the company’s long-term growth objectives.
The most recent analyst rating on (AU:BMN) stock is a Buy with a A$4.70 price target. To see the full list of analyst forecasts on Bannerman Energy stock, see the AU:BMN Stock Forecast page.
Bannerman Energy Ltd has announced the quotation of new securities on the Australian Securities Exchange (ASX), with a total of 31,309 ordinary fully paid shares to be issued in two tranches. This move is part of the company’s strategy to enhance its financial flexibility and support its ongoing projects, potentially strengthening its market position and offering value to its stakeholders.
The most recent analyst rating on (AU:BMN) stock is a Buy with a A$4.70 price target. To see the full list of analyst forecasts on Bannerman Energy stock, see the AU:BMN Stock Forecast page.
Bannerman Energy Ltd has announced significant progress in the early construction works at its Etango Uranium Project, with activities proceeding on schedule and within budget. Key developments include the commissioning of construction power, advancement in plant design, and successful testing of crucial equipment. Contracts for concrete and blasting have been awarded to Namibian contractors, and the workforce on site is set to increase significantly. The project maintains a strong safety record and continues to advance key construction activities such as bulk earthworks and site access improvements, which are crucial for the project’s ongoing development.
The most recent analyst rating on (AU:BMN) stock is a Buy with a A$4.70 price target. To see the full list of analyst forecasts on Bannerman Energy stock, see the AU:BMN Stock Forecast page.