DB:BH6

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Bannerman Resources

Executive Summary

Bannerman Resources Limited engages in the exploration and development of uranium properties in Namibia, Southern Africa.


Snowflake Analysis

Flawless balance sheet and overvalued.


Similar Companies

Share Price & News

How has Bannerman Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BH6's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

5.0%

BH6

4.0%

DE Oil and Gas

4.3%

DE Market


1 Year Return

-36.4%

BH6

18.6%

DE Oil and Gas

0.3%

DE Market

Return vs Industry: BH6 underperformed the German Oil and Gas industry which returned 18.6% over the past year.

Return vs Market: BH6 underperformed the German Market which returned 0.3% over the past year.


Shareholder returns

BH6IndustryMarket
7 Day5.0%4.0%4.3%
30 Day-4.5%10.6%7.4%
90 Day75.0%-9.6%-0.2%
1 Year-36.4%-36.4%22.1%18.6%2.0%0.3%
3 Year10.5%10.5%-7.3%-16.0%-5.0%-12.3%
5 Year-27.6%-27.6%150.6%114.9%4.2%-9.2%

Price Volatility Vs. Market

How volatile is Bannerman Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Bannerman Resources undervalued compared to its fair value and its price relative to the market?

0.62x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate BH6's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate BH6's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: BH6 is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.

PE vs Market: BH6 is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BH6's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BH6 is good value based on its PB Ratio (0.6x) compared to the DE Oil and Gas industry average (1x).


Next Steps

Future Growth

How is Bannerman Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

34.0%

Forecasted Energy industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bannerman Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Bannerman Resources performed over the past 5 years?

-0.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BH6 is currently unprofitable.

Growing Profit Margin: BH6 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BH6 is unprofitable, and losses have increased over the past 5 years at a rate of -0.8% per year.

Accelerating Growth: Unable to compare BH6's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BH6 is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-5.1%).


Return on Equity

High ROE: BH6 has a negative Return on Equity (-3.44%), as it is currently unprofitable.


Next Steps

Financial Health

How is Bannerman Resources's financial position?


Financial Position Analysis

Short Term Liabilities: BH6's short term assets (A$5.4M) exceed its short term liabilities (A$230.0K).

Long Term Liabilities: BH6's short term assets (A$5.4M) exceed its long term liabilities (A$288.0K).


Debt to Equity History and Analysis

Debt Level: BH6 is debt free.

Reducing Debt: BH6 has no debt compared to 5 years ago when its debt to equity ratio was 18.5%.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: BH6 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: BH6 has sufficient cash runway for 2.8 years if free cash flow continues to grow at historical rates of 7.8% each year.


Next Steps

Dividend

What is Bannerman Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BH6's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BH6's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BH6's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BH6's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BH6's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.5yrs

Average board tenure


CEO

Brandon Munro

4.17yrs

Tenure

AU$513,902

Compensation

Mr. Brandon Mackay Munro, LLB, BEc, Grad Dip App Fin & Inv, GAICD, F.Fin, has been the Chief Executive Officer and Managing Director at Bannerman Resources Limited since March 9, 2016. Mr. Munro serves as  ...


CEO Compensation Analysis

Compensation vs Market: Brandon's total compensation ($USD342.12K) is about average for companies of similar size in the German market ($USD417.67K).

Compensation vs Earnings: Brandon's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Brandon Munro
CEO, MD & Director4.17yrsAU$513.90k0.98% A$230.8k
Ian Burvill
Independent Non-Executive Director7.92yrsAU$93.23k0.094% A$22.3k
Clive Jones
Non-Executive Director13.33yrsAU$93.23k7.29% A$1.7m
Ronald Beevor
Independent Non-Executive Chairman7.5yrsAU$186.45k0.59% A$139.1k
Michael Leech
Independent Non-Executive Director3.08yrsAU$168.34kno data

7.5yrs

Average Tenure

57yo

Average Age

Experienced Board: BH6's board of directors are considered experienced (7.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Bannerman Resources Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bannerman Resources Limited
  • Ticker: BH6
  • Exchange: DB
  • Founded: 2005
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: AU$39.175m
  • Listing Market Cap: AU$23.589m
  • Shares outstanding: 1.06b
  • Website: https://www.bannermanresources.com.au

Number of Employees


Location

  • Bannerman Resources Limited
  • 245 Churchill Avenue
  • Suite 7
  • Subiaco
  • Western Australia
  • 6008
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BMNASX (Australian Securities Exchange)YesOrdinary SharesAUAUDApr 2005
BH6DB (Deutsche Boerse AG)YesOrdinary SharesDEEURApr 2005
BNNL.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDApr 2005
BMNNMSE (Namibian Stock Exchange)YesOrdinary SharesNAZARApr 2005
BMNCHIA (Chi-X Australia)YesOrdinary SharesAUAUDApr 2005

Biography

Bannerman Resources Limited engages in the exploration and development of uranium properties in Namibia, Southern Africa. The company’s principal property is its 95% -owned Etango Project located in the Erongo uranium mining region of Namibia. Bannerman Resources Limited was incorporated in 2005 and is based in Subiaco, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/29 11:58
End of Day Share Price2020/05/28 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.