Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
Established in 2005 and headquartered in Subiaco, Australia, Bannerman Energy Ltd concentrates on the exploration and development of uranium resources. Its operations are centered in Namibia, Southern Africa, where its primary asset is the 95% owned Etango Project, situated within the Erongo uranium mining region. The company transitioned its name to Bannerman Energy Ltd in July 2021, having previously been known as Bannerman Resources Limited.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers.
Target Price
The average target price of BMN.AX is 5.2 and suggests 60.6% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc