Lunnon Metals Future Growth

Future criteria checks 3/6

Lunnon Metals is forecast to grow earnings and revenue by 56% and 51.4% per annum respectively. EPS is expected to grow by 63.2% per annum. Return on equity is forecast to be 16.1% in 3 years.

Key information

56.0%

Earnings growth rate

63.2%

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	23 Oct 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%).

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

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

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