Rankings Commodities & uranium 80 Mile
80 Mile
28
15070100
A view of the same findings, not a new score. How it works
The model found several serious problems. That does not mean the stock will fall.
Biggest deductions
- Valuation vs assets and history−24
- Margin−10
- Funding−8
Strengths
- Partner funding+2
How the score is built
From 100 to 28, step by step: points off for the business, the price and the cracks, back for documented strengths, then three data adjustments.
Start
Score
Hover or select a step to see what drove it. Steps with findings open them below.
Key numbers
As of 3 Nov 2026. Analyst targets tend to be optimistic; read upside as a hint, not a forecast.
- Price
- 1.01 GBX
- Median analyst target
- –
- Upside to median
- –
- Analysts
- none
- Target range
- –
- 52-week change
- +28%
- P/E (trailing)
- n/a
- Forward P/E
- n/a
- PEG
- n/a
Findings
Every deduction and every plus, with its source. Open a step to read them.
Business
Is the company getting stronger, not just bigger? · 3 findings−21 of −30
- −10MarginNo revenue. The net loss was £34.1m TTM, of which £27.5m was write-downs and depreciation (ROE −132%, counted only here); the H1 2026 loss was £1.46m.
- −7Future segment and focusThe company is spread across oil exploration (Jameson), nickel (Disko), ilmenite (Dundas, where Bluejay will no longer develop alone) and a biodiesel plant in Italy with hydrogen and SAF plans. No project has its own funding path to production.
- −4Capital allocation and payWhen market value passed £15–40m during the hype, it triggered 380m shares from the employee benefit trust (EBT) to management and 240m options (strike 2–8p), about 12% of the share capital in total.
Price
Today's multiples against the company's own history and its peers. · 1 finding−24 of −35
- −24Valuation vs assets and historyMarket value is £59m, and EV £59m, for a company with no revenue and almost no cash. P/B is 6.3 (P/TBV 9.1) vs 0.2–2.8 in 2021–2025, and the share price is +122% over 52 weeks. There is no NPV that can justify the price.
Cracks
Cash flow, customers, debt, insiders, guidance and what sits behind the headline numbers. · 4 findings−23 of −35
- −8FundingCash was only £0.29m at 30/6/2026, and operations are funded by small placings (most recently £1.9m). The company continuously needs new capital.
- −6
- −4Permits in GreenlandDrilling at Jameson has been postponed from winter 2026/27 to winter 2027 because of regulatory approval, and the company has received a formal warning from the Greenland government over landing equipment at Nerlerit Inaat airport.
- −5GovernanceThe USFM agreement on Disko should have been disclosed as a related-party transaction (Robert Price is associated with USFM). It was only corrected afterwards.
Plus
Only documented strengths. · 1 finding+2 of +15
- +2Partner fundingUSFM funds $30m of drilling on Disko for 51%, and Greenland Energy Company (Nasdaq: GLND) fully pays for two wells on Jameson. Both deals are non-dilutive for 80 Mile.
Caveats
What the score does not capture, or where the data is weak.
The company is called 80 Mile plc (formerly Bluejay Mining) and is listed on AIM as 80M; the stockanalysis path quote/lon/80M returns 404. Price in pence (GBX). The Nordnet API does not find the share. Pre-revenue company: the 2025 loss of £33m is almost entirely impairments and depreciation (£27m), and the H1 2026 loss was £1.46m. It is unclear whether the £0.29m cash at 30/6 is before or after the £1.9m placing, and the exact cash position after the placing has not been found. Dundas' BFS NPV and the economic terms of the Jameson agreement with Greenland Energy Company have not been examined. The '3.9bn barrels' is a P10 share of an undrilled exploration estimate, not reserves. No analyst coverage. Going concern note not read.
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