Argosy Minerals Limited engages in the exploration and development of lithium projects in Australia and the United States.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.28|
|52 Week High||AU$0.047|
|52 Week Low||AU$0.29|
|1 Month Change||67.65%|
|3 Month Change||128.00%|
|1 Year Change||481.63%|
|3 Year Change||32.56%|
|5 Year Change||738.26%|
|Change since IPO||-76.25%|
Recent News & Updates
We Think Argosy Minerals (ASX:AGY) Can Afford To Drive Business Growth
Just because a business does not make any money, does not mean that the stock will go down. For example, Argosy...
|AGY||AU Metals and Mining||AU Market|
Return vs Industry: AGY exceeded the Australian Metals and Mining industry which returned 15.6% over the past year.
Return vs Market: AGY exceeded the Australian Market which returned 24.4% over the past year.
Stable Share Price: AGY is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: AGY's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Argosy Minerals Limited engages in the exploration and development of lithium projects in Australia and the United States. The company’s flagship project is Rincon lithium project that covers an area of approximately 2,794 hectares of mining concessions located within the Salar del Rincon in Salta Province, Argentina. It also holds 100% interest in the Tonopah lithium project comprises 425 claims covering an area of approximately 34.25 square kilometers located in the Big Smokey Valley region in Nevada, the United States.
Argosy Minerals Fundamentals Summary
|AGY fundamental statistics|
Is AGY overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AGY income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0013|
|Net Profit Margin||-1,540.17%|
How did AGY perform over the long term?See historical performance and comparison
Is Argosy Minerals undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate AGY's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate AGY's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: AGY is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: AGY is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AGY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AGY is overvalued based on its PB Ratio (7.2x) compared to the AU Metals and Mining industry average (2.6x).
How is Argosy Minerals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials 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 Argosy Minerals 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.
How has Argosy Minerals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AGY is currently unprofitable.
Growing Profit Margin: AGY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AGY is unprofitable, and losses have increased over the past 5 years at a rate of 3.8% per year.
Accelerating Growth: Unable to compare AGY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AGY is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: AGY has a negative Return on Equity (-3.25%), as it is currently unprofitable.
How is Argosy Minerals's financial position?
Financial Position Analysis
Short Term Liabilities: AGY's short term assets (A$27.9M) exceed its short term liabilities (A$179.5K).
Long Term Liabilities: AGY's short term assets (A$27.9M) exceed its long term liabilities (A$29.5K).
Debt to Equity History and Analysis
Debt Level: AGY is debt free.
Reducing Debt: AGY has no debt compared to 5 years ago when its debt to equity ratio was 29.5%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: AGY has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: AGY has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 15.2% each year
What is Argosy Minerals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AGY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AGY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AGY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AGY's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AGY's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Jerko Zuvela (45 yo)
Mr. Jerko Peter Zuvela has been Non-Executive Chairman at Ragusa Minerals Limited since September 29, 2020 and has been its Director since August 24, 2020. Mr. Zuvela has been Managing Director of Argosy M...
CEO Compensation Analysis
Compensation vs Market: Jerko's total compensation ($USD205.21K) is below average for companies of similar size in the Australian market ($USD554.70K).
Compensation vs Earnings: Jerko's compensation has been consistent with company performance over the past year.
Experienced Board: AGY's board of directors are considered experienced (5.2 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22.6%.
Argosy Minerals Limited's employee growth, exchange listings and data sources
- Name: Argosy Minerals Limited
- Ticker: AGY
- Exchange: ASX
- Founded: 2010
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$350.076m
- Shares outstanding: 1.25b
- Website: https://www.argosyminerals.com.au
- Argosy Minerals Limited
- 22 Mount Street
- Level 2
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 07:01|
|End of Day Share Price||2021/10/26 00:00|
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.