Lunnon Metals Future Growth

Future criteria checks 3/6

Lunnon Metals is forecast to grow earnings and revenue by 56.2% and 51.4% per annum respectively. EPS is expected to grow by 63.3% per annum. Return on equity is forecast to be 16.1% in 3 years.

Key information

56.2%

Earnings growth rate

63.3%

EPS growth rate

Metals and Mining earnings growth	10.6%
Revenue growth rate	51.4%
Future return on equity	16.1%
Analyst coverage	Low
Last updated	13 Dec 2024

Recent future growth updates

Recent updates

We Think Lunnon Metals (ASX:LM8) Needs To Drive Business Growth Carefully

Jul 14

Is Lunnon Metals (ASX:LM8) In A Good Position To Invest In Growth?

Mar 11

Here's Why We're Not Too Worried About Lunnon Metals' (ASX:LM8) Cash Burn Situation

Aug 17

Here's Why We're Not Too Worried About Lunnon Metals' (ASX:LM8) Cash Burn Situation

Jan 14

Earnings and Revenue Growth Forecasts

ASX:LM8 - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	101	11	22	31	1
6/30/2026	N/A	-13	-93	-13	1
6/30/2025	N/A	-13	-13	-13	1
6/30/2024	0	-24	-15	-11	N/A
3/31/2024	0	-24	-16	-12	N/A
12/31/2023	0	-23	-16	-13	N/A
9/30/2023	0	-20	-15	-10	N/A
6/30/2023	0	-18	-14	-7	N/A
3/31/2023	0	-16	-13	-6	N/A
12/31/2022	0	-14	-12	-5	N/A
9/30/2022	0	-10	-11	-5	N/A
6/30/2022	0	-7	-9	-6	N/A
3/31/2022	0	-6	-8	-5	N/A
12/31/2021	N/A	-6	-6	-5	N/A
9/30/2021	N/A	-4	-4	-3	N/A
6/30/2021	N/A	-3	-2	-2	N/A
3/31/2021	N/A	-2	-2	-2	N/A
12/31/2020	N/A	-2	-2	-1	N/A
9/30/2020	N/A	-2	-1	-1	N/A
6/30/2020	N/A	-1	-1	-1	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: LM8 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.6%).

Earnings vs Market: LM8 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: LM8 is expected to become profitable in the next 3 years.

Revenue vs Market: LM8 is forecast to have no revenue next year.

High Growth Revenue: LM8 is forecast to have no revenue next year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: LM8's Return on Equity is forecast to be low in 3 years time (16.1%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/29 12:34
End of Day Share Price	2024/12/27 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Lunnon Metals Limited is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Adam Baker	Macquarie Research
Peter Kormendy	Shaw and Partners Limited

Lunnon Metals Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Forecast to breakeven in 2027

Price target decreased by 39% to AU$0.70

Forecast breakeven date pushed back to 2026

Price target decreased by 12% to AU$1.15

Price target decreased by 7.1% to AU$1.30

Forecast to breakeven in 2025

Recent updates

Lunnon Metals Limited ORDINARY FULLY PAID to Be Deleted from OTC Equity

Forecast to breakeven in 2027

New minor risk - Profitability

Lunnon Metals Limited, Annual General Meeting, Nov 07, 2024

MD & Director exercised options to buy AU$293k worth of stock.

New major risk - Share price stability

We Think Lunnon Metals (ASX:LM8) Needs To Drive Business Growth Carefully

Lunnon Metals Limited Announces Retirement of Ian Junk as Non Executive Director, Effective 1 July 2024

Key Executive recently bought AU$51k worth of stock

New major risk - Revenue and earnings growth

Is Lunnon Metals (ASX:LM8) In A Good Position To Invest In Growth?

New minor risk - Share price stability

Price target decreased by 39% to AU$0.70

Forecast breakeven date pushed back to 2026

MD & Director recently bought AU$76k worth of stock

Lunnon Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 18 million.

Price target decreased by 12% to AU$1.15

New minor risk - Market cap size

New major risk - Revenue and earnings growth

Lunnon Metals Limited, Annual General Meeting, Nov 03, 2023

New minor risk - Financial data availability

Price target decreased by 7.1% to AU$1.30

Here's Why We're Not Too Worried About Lunnon Metals' (ASX:LM8) Cash Burn Situation

Non-Executive Director recently bought AU$100k worth of stock

Forecast to breakeven in 2025

Lunnon Metals Limited Announces Foster 85H Returns Excellent Metallurgical Results

Lunnon Metals Limited Updates the Completion of Early Stage Exploration in the Somerset Target Area and Final High Priority Assay Results from Surface Diamond Drill Holes Targeting the Warren Channel, at Kambalda Nickel Project

Here's Why We're Not Too Worried About Lunnon Metals' (ASX:LM8) Cash Burn Situation

Lunnon Metals Limited Provides A First-Time Mineral Resource Estimate for the S16C and N14C Surfaces, Located At Its Historical Foster Nickel Mine, At the Kambalda Nickel Project

Lunnon Metals Limited Updates Nickel Mineral Resource Estimate (Mre) for the Baker Deposit, Its First Discovery At the Kambalda Nickel Project

Lunnon Metals Limited Provides an Update on the Progress of Its Discovery Programme At the Historical Foster Nickel Mine, Part of Its Kambalda Nickel Project

Less than half of directors are independent

Lunnon Metals Limited Provides an Update on the Progress of Its Discovery Programme in the Warren Channel At Its Kambalda Nickel Project

Lunnon Metals Limited Provides Last High Priority Assay Results from its Discovery Programme at the Baker Shoot, Part of the Kambalda Nickel Project

Lunnon Metals Limited Provides Update on Targeting Activities At the Recently Acquired Silver Lake Nickel Deposit

Lunnon Metals Limited Announces Deep Diamond Drilling, Data Collection and Reporting Has Concluded at the Kenilworth Target

Lunnon Metals Limited Provides an Update on the Latest Results from Its Discovery Programme At the Baker Shoot, Part of the Kambalda Nickel Project

Lunnon Metals Limited, Annual General Meeting, Nov 15, 2022

Lunnon Metals Limited Appoints Hayden Bartrop as Chief Financial Officer, Effective from 3 January 2023

Lunnon Metals Limited Announces Baker Initial Metallurgical Tests Complete

Lunnon Metals Limited Provides an Update on the Progress of its Drilling Programme at the Baker Shoot, Part of the Kambalda Nickel Project

Lunnon Metals Limited Provides an Update on the Progress of its Drilling Programme at the Baker Shoot, Part of the Kambalda Nickel Project

Lunnon Metals Limited Provides an Update on Progress of Its Discovery Programme in the Warren Channel, Part of the Previously Operated Foster Nickel Mine At Its Kambalda Nickel Project (Knp)

Lunnon Metals Limited Provides an Update on the Progress of Its Discovery Programme At the Baker Shoot and Kenilworth Target, At Its Kambalda Nickel Project

Lunnon Metals Limited Provides an Update on the Progress of Its Discovery Programme in the Warren Channel

Less than half of directors are independent

Lunnon Metals Limited Announces N75c Demonstrates Upside of Historical Core Programme

Lunnon Metals Limited Provides an Update on the Progress of Its Discovery Programme in the Warren Channel

Lunnon Metals Limited Announces WA Government EIS Hole Commences At Kenilworth

Lunnon Metals Limited Provides Update on the Progress of Its Discovery Programme on the Warren Channel

Lunnon Metals Limited Provides an Update on the Progress of its Discovery Programme on the Warren Channel, Part of the Foster Nickel Mine At its Kambalda Nickel Project

Lunnon Metals Limited Announces Multiple High Grade Nickel Hits At Baker

Lunnon Metals Limited Provides an Update on the Status of its Exploration Programme at the Baker Shoot

Lunnon Metals Limited Provides Update on the Status of its Exploration Programme at the Baker Shoot, an Emerging Discovery at the Kambalda Nickel Project

Lunnon Metals Limited Provides an Update on the Progress of Drill Programmes at the Foster Nickel Mine

Lunnon Metals Limited Provides an Update on the Progress of its Discovery Programme at the Kambalda Nickel Project

Lunnon Metals Limited Reports on Progress of Work Towards the Mineral Resource Estimate from Its Historical Drill Core Programme Targeting the N75C Nickel Surface at the Foster Nickel Mine, Part of its Kambalda Nickel Project

Lunnon Metals Limited to Provide Additional Details in Relation to its Historical Drill Core Retrieval Programme

Lunnon Metals Limited (ASX:LM8) completed the acquisition of remaining 49% stake in Kambalda Nickel Project from St. Ives Gold Mining Company Pty Limited.

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources