BMN Shares Bannerman Energy Ltd
ASX · ASXLast in our picks 2026-10-15 — not in the current list; analysis below is from that screen
Uranium developer offering leverage to rising nuclear demand and project-financing progress.
Future value: $5.03 (+71.20%) · 6-12 months · analyst consensus
Signal breakdown
- ▸J.P. Morgan upgraded shares to Buy.
- ▾Below 50-day MA (-22.6%)
- ▸Volume 1.82× average — accumulation
- ▾Near 52-week low (6.9% of range)
- ▸~71% upside to price target
Is BMN a buy right now?
Trend: BMN is trading below the 50-day average (-10.99%), RSI 57 — neutral momentum, with a 3-month return of +15.68%.
Valuation & quality: Bannerman Energy Ltd trades on forward P/E -296.7, price-to-book 2.94; fundamentals show net margin 0.0%, return on equity -3.7%, revenue growth -92.3% year on year.
Analyst consensus: 6 analysts have a mean 12-month price target of A$5.00 (+50.6% vs the last close; range A$4.00 – A$7.60), consensus rating “strong buy”.
Our screen: STRONG BUY (score 4) — Uranium developer offering leverage to rising nuclear demand and project-financing progress.
Computed from end-of-day data; not personal advice.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| -15.50% | +2.30% | -11.40% | -11.80% | -1.60% | +44.00% | -22.90% | -3.20% |
Fundamentals
Analyst price target
Technical signals
About Bannerman Energy Ltd
Bannerman Energy Ltd explores for and develops uranium properties in Africa. The company's flagship property is the 95% owned Etango Project located in the Erongo Region of Namibia, Southern Africa. The company was formerly known as Bannerman Resources Limited and changed its name to Bannerman Energy Ltd in July 2021.
Sector: Energy · Industry: Uranium · Australia · Website
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Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.