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AGY

Argosy MineralsASX:AGY Stock Report

Market Cap

AU$350.1m

7D

16.3%

1Y

481.6%

Updated

26 Oct, 2021

Data

Company Financials
AGY fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

AGY Overview

Argosy Minerals Limited engages in the exploration and development of lithium projects in Australia and the United States.

Price History & Performance

Summary of all time highs, changes and price drops for Argosy Minerals
Historical stock prices
Current Share PriceAU$0.28
52 Week HighAU$0.047
52 Week LowAU$0.29
Beta2.19
1 Month Change67.65%
3 Month Change128.00%
1 Year Change481.63%
3 Year Change32.56%
5 Year Change738.26%
Change since IPO-76.25%

Recent News & Updates

Aug 03
We Think Argosy Minerals (ASX:AGY) Can Afford To Drive Business Growth

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...

Shareholder Returns

AGYAU Metals and MiningAU Market
7D16.3%-0.4%0.8%
1Y481.6%15.6%24.4%

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.

Price Volatility

Is AGY's price volatile compared to industry and market?
AGY volatility
AGY Beta2.19
Industry Beta0.97
Market Beta1

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

FoundedEmployeesCEOWebsite
2010n/aJerko Zuvelahttps://www.argosyminerals.com.au

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

How do Argosy Minerals's earnings and revenue compare to its market cap?
AGY fundamental statistics
Market CapAU$350.08m
Earnings (TTM)-AU$1.61m
Revenue (TTM)AU$104.66k

3.6kx

P/S Ratio

-222.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AGY income statement (TTM)
RevenueAU$104.66k
Cost of RevenueAU$0
Gross ProfitAU$104.66k
ExpensesAU$1.72m
Earnings-AU$1.61m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0013
Gross Margin100.00%
Net Profit Margin-1,540.17%
Debt/Equity Ratio0%

How did AGY perform over the long term?

See historical performance and comparison

Valuation

Is Argosy Minerals undervalued compared to its fair value and its price relative to the market?

7.18x

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).


Future Growth

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

-0.5%

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.


Past Performance

How has Argosy Minerals performed over the past 5 years?

-3.8%

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.


Financial Health

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%.


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: 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


Dividend

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.


Next Steps

Management

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

5.2yrs

Average board tenure


CEO

Jerko Zuvela (45 yo)

5.75yrs

Tenure

AU$273,750

Compensation

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.


Board Members

Experienced Board: AGY's board of directors are considered experienced (5.2 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22.6%.


Top Shareholders

Company Information

Argosy Minerals Limited's employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Argosy Minerals Limited
  • 22 Mount Street
  • Level 2
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 07:01
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.