Energy Resources of Australia Ltd. Class A (AU:ERA)
ASX:ERA
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Energy Resources of Australia Class A
(Sydney:ERA)
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Rating:43Neutral
Price Target:
$0.01
▲(0.00% Upside)
Action:UpgradedDate:02/24/26
The score is driven primarily by very weak financial performance: persistent net losses, sustained large cash burn, and deeply negative equity that elevates financial risk. Technical and valuation factors could not be assessed from the provided data, limiting any offsetting positives.
Positive Factors
Strategic commodity exposure
Uranium is a structurally important fuel for baseload nuclear power and a component of the low-carbon transition. ERA’s focus on uranium oxide gives it durable demand exposure to utility offtake and long-term contracts, supporting core revenue relevance over months.
Negative Factors
Sustained large cash burn
Persistent negative operating and free cash flows of this magnitude materially erode runway and require external funding or asset actions. Over months this raises solvency and execution risk, limits reinvestment capacity, and forces dilutive or costly financing choices.
Read all positive and negative factors
Positive Factors
Negative Factors
Strategic commodity exposure
Uranium is a structurally important fuel for baseload nuclear power and a component of the low-carbon transition. ERA’s focus on uranium oxide gives it durable demand exposure to utility offtake and long-term contracts, supporting core revenue relevance over months.
Read all positive factors
Energy Resources of Australia Class A (ERA) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$1.22B
Dividend YieldN/A
Average Volume (3M)N/A
Price to Earnings (P/E)―
Beta (1Y)-0.37
Revenue Growth-100.00%
EPS Growth98.06%
CountryAU
Employees190
SectorEnergy
Sector Strength52
IndustryUranium
Share Statistics
EPS (TTM)0.00
Shares Outstanding405,396,250,000
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Financial Highlights & Ratios
PEG Ratio0.25
Price to Book (P/B)-1.04
Price to Sales (P/S)20.66
P/FCF Ratio-6.33
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Energy Resources of Australia Class A Business Overview & Revenue Model
Company Description
Energy Resources of Australia Class A (ERA) is a leading Australian company engaged in the exploration, mining, and processing of uranium, primarily at its Ranger Project located in the Northern Territory. The company operates within the energy se...
How the Company Makes Money
ERA primarily generates revenue through the sale of uranium oxide, which is sold to various nuclear power plants and energy companies worldwide. The company operates under a long-term sales agreement with key customers, which provides a stable rev...
Energy Resources of Australia Class A Financial Statement Overview
Summary
Income Statement
24
Negative
Balance Sheet
14
Very Negative
Cash Flow
12
Very Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 58.87M | 36.35M | 34.18M | 35.55M | 190.35M |
| Gross Profit | 85.19M | 35.88M | 33.08M | 12.80M | -640.07M |
| EBITDA | 49.59M | -135.06M | 18.74M | -53.77M | -627.51M |
| Net Income | -50.32M | -245.97M | -1.39B | -160.55M | -650.21M |
Balance Sheet | |||||
| Total Assets | 1.17B | 1.35B | 828.80M | 679.77M | 855.93M |
| Cash, Cash Equivalents and Short-Term Investments | 598.37M | 791.33M | 216.95M | 87.12M | 163.87M |
| Total Debt | 78.00K | 385.00K | 680.00K | 13.22M | 93.00K |
| Total Liabilities | 2.34B | 2.46B | 2.46B | 1.28B | 1.30B |
| Stockholders Equity | -1.17B | -1.11B | -1.63B | -603.66M | -442.42M |
Cash Flow | |||||
| Free Cash Flow | -192.22M | -184.02M | -223.32M | -147.19M | -37.98M |
| Operating Cash Flow | -192.22M | -183.95M | -223.25M | -146.96M | -37.93M |
| Investing Cash Flow | -79.87M | -459.69M | 1.27M | 59.28M | -43.00K |
| Financing Cash Flow | -863.00K | 758.00M | 351.81M | 10.94M | -2.51M |
Energy Resources of Australia Class A Peers Comparison
UnderperformOutperform
Sector (65)
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% | |
63 Neutral | AU$833.01M | -222.58 | -0.94% | ― | ― | 60.83% | |
58 Neutral | AU$5.59B | -41.88 | -4.87% | ― | ― | -163.65% | |
52 Neutral | AU$10.84B | -23.97 | -17.60% | ― | ― | -305.93% | |
49 Neutral | AU$1.84B | -57.60 | 0.29% | ― | -100.00% | ― | |
45 Neutral | AU$198.60M | -16.35 | -12.34% | ― | ― | -67.12% | |
43 Neutral | AU$1.22B | -24.17 | 4.35% | ― | -100.00% | 98.06% |
* Energy Sector Average
AU:ERA
Energy Resources of Australia Class A
―
―
―
AU:PDN
Paladin Energy Ltd
12.45
8.43
209.70%
AU:BKY
Berkeley Energia
0.45
-0.12
-21.93%
AU:BMN
Bannerman Energy
4.01
2.19
120.33%
AU:DYL
Deep Yellow Limited
1.89
1.10
140.13%
AU:NXG
NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs
17.12
10.61
162.98%
Energy Resources of Australia Class A Corporate Events
Energy Resources of Australia Narrows Loss as Rehabilitation Provisions Ease
Feb 19, 2026
Energy Resources of Australia reported a net loss after tax of $50 million for 2025, a sharp improvement from the $246 million loss in 2024, as lower rehabilitation cost estimates and reduced corporate expenses partially offset the ongoing impact ...
Energy Resources of Australia Director Updates Indirect Rio Tinto Shareholdings
Jan 27, 2026
Energy Resources of Australia has disclosed a change in director Alfred Grigg’s indirect interests in Rio Tinto Limited securities, stemming from vesting and purchases under Rio Tinto’s global employee share arrangements. Grigg’s...
Energy Resources of Australia Director Updates Rio Tinto Shareholdings Under Employee Plan
Jan 27, 2026
Energy Resources of Australia has disclosed a change in director Justin Carey’s relevant interests in Rio Tinto Limited securities, reflecting adjustments under Rio Tinto’s global employee share schemes. Carey’s indirect holdings...
ERA Faces Court Hurdle on Rio Tinto Buyout as Ranger Rehabilitation Costs and Timing Come Under Pressure
Jan 27, 2026
Energy Resources of Australia reported that Rio Tinto, which now holds more than 98% of its shares, is pursuing compulsory acquisition of the remaining minority stake, but the process has been delayed after more than 10% of affected shareholders o...
ERA Secures New Rehabilitation Authority for Ranger Project
Dec 14, 2025
Energy Resources of Australia Ltd (ERA) has received a new section 41 Rehabilitation Authority from the Minister for Resources, effective from 9 January 2026, to continue its rehabilitation activities in the Ranger Project Area. This development i...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.