Got this in an email today ...Tuesday, 30 April 2024
BOE - BOSS ENERGY LIMITED
Macquarie rates BOE as Outperform (1) - Ramp up across multiple assets should see Boss Energy take annual production to 3.0m pounds, says Macquarie.
First uranium in drum has been announced at the Honeymoon asset, while production is expected to commence at Alta Mesa in May, with the ramp up of both projects will see the company's attributable production lift to 3.0m pounds over the next three years.
The broker points out Boss Energy still held $100m in cash on hand as of the end of the third quarter, which it considers to position the company well through a production ramp up.
The Outperform rating and target price of $6.00 are retained.
Target price is $6.00 Current Price is $4.78 Difference: $1.22 If BOE meets the Macquarie target it will return approximately 26% (excluding dividends, fees and charges). Current consensus price target is $5.43, suggesting upside of 13.5%(ex-dividends)The company's fiscal year ends in June.
Forecast for FY24:
Macquarie forecasts a full year FY24 dividend of 0.00 cents and EPS of minus 0.90 cents . At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is minus 531.11. How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 9.8, implying annual growth of 175.3%. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is 48.8.
Forecast for FY25:
Macquarie forecasts a full year FY25 dividend of 0.00 cents and EPS of 19.10 cents . At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 25.03. How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 22.2, implying annual growth of 126.5%. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is 21.5.
Market Sentiment: 0.5All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Got this in an email today ...Tuesday, 30 April 2024BOE - BOSS...
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Last
$5.70 |
Change
0.000(0.00%) |
Mkt cap ! $2.329B | |||
| Open | High | Low | Value | Volume |
| $5.73 | $5.74 | $5.68 | $1.393M | 244.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 16474 | $5.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.70 | 1168 | 5 |
View Market Depth
| Last trade - 10.48am 17/05/2024 (20 minute delay) ? |
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Last
$5.67 |
Change
0.000 ( 0.90 %) |
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| Open | High | Low | Volume | ||
| $5.72 | $5.73 | $5.65 | 51950 | ||
| Last updated 11.05am 17/05/2024 ? | |||||
| BOE (ASX) Chart |