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ARD

Argent Minerals ASX:ARD Stock Report

Last Price

AU$0.021

Market Cap

AU$18.5m

7D

-4.5%

1Y

-59.6%

Updated

25 May, 2022

Data

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

ARD Stock Overview

Argent Minerals Limited engages in the discovery, extraction, and marketing of precious and base metal properties in Australia.

Argent Minerals Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Argent Minerals
Historical stock prices
Current Share PriceAU$0.021
52 Week HighAU$0.055
52 Week LowAU$0.02
Beta1.25
1 Month Change-22.22%
3 Month Change-32.26%
1 Year Change-59.61%
3 Year Change31.25%
5 Year Change-22.22%
Change since IPO-90.87%

Recent News & Updates

Mar 07
Here's Why We're Not Too Worried About Argent Minerals' (ASX:ARD) Cash Burn Situation

Here's Why We're Not Too Worried About Argent Minerals' (ASX:ARD) Cash Burn Situation

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...

Shareholder Returns

ARDAU Metals and MiningAU Market
7D-4.5%-1.1%-0.4%
1Y-59.6%1.7%-1.1%

Return vs Industry: ARD underperformed the Australian Metals and Mining industry which returned 7.7% over the past year.

Return vs Market: ARD underperformed the Australian Market which returned -0% over the past year.

Price Volatility

Is ARD's price volatile compared to industry and market?
ARD volatility
ARD Average Weekly Movement12.8%
Metals and Mining Industry Average Movement10.9%
Market Average Movement9.3%
10% most volatile stocks in AU Market16.4%
10% least volatile stocks in AU Market4.2%

Stable Share Price: ARD is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: ARD's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
20073Pedro Kastellorizoshttps://www.argentminerals.com.au

Argent Minerals Limited engages in the discovery, extraction, and marketing of precious and base metal properties in Australia. The company explores for gold, silver, copper, zinc, and lead deposits. Its flagship project is the Kempfield Polymetallic project located in New South Wales, Australia.

Argent Minerals Fundamentals Summary

How do Argent Minerals's earnings and revenue compare to its market cap?
ARD fundamental statistics
Market CapAU$18.54m
Earnings (TTM)-AU$1.98m
Revenue (TTM)n/a

-29.6x

P/S Ratio

-9.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ARD income statement (TTM)
Revenue-AU$632.35k
Cost of RevenueAU$0
Gross Profit-AU$632.35k
Other ExpensesAU$1.35m
Earnings-AU$1.98m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0022
Gross Margin100.00%
Net Profit Margin313.68%
Debt/Equity Ratio0%

How did ARD perform over the long term?

See historical performance and comparison
New valuation analysis is now available for all ASX stocks. This is in beta.

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-5.7%

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 Argent 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 Argent Minerals performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


2.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ARD is currently unprofitable.

Growing Profit Margin: ARD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ARD is unprofitable, but has reduced losses over the past 5 years at a rate of 2% per year.

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

Earnings vs Industry: ARD is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (57.8%).


Return on Equity

High ROE: ARD has a negative Return on Equity (-55.49%), as it is currently unprofitable.


Financial Health

How is Argent Minerals's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: ARD's short term assets (A$3.8M) exceed its short term liabilities (A$810.2K).

Long Term Liabilities: ARD's short term assets (A$3.8M) exceed its long term liabilities (A$95.2K).


Debt to Equity History and Analysis

Debt Level: ARD is debt free.

Reducing Debt: ARD has not had any debt for past 5 years.


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: ARD has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: ARD has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 5.1% each year.


Dividend

What is Argent Minerals's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

High Dividend: Unable to evaluate ARD'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 ARD's dividends per share have been stable in the past.

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


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ARD has not reported any payouts.


Discover strong dividend paying companies

Management

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

0.2yrs

Average management tenure


CEO

Pedro Kastellorizos (47 yo)

0.17

Tenure

Mr. Pedro Kastellorizos, B.App.Sc (Geology), serves as Chief Executive Officer at Argent Minerals Limited since March 16, 2022. He had been the Chief Executive Officer and Director of MinRex Resources Limi...


Leadership Team

Experienced Management: ARD's management team is not considered experienced ( 0.2 years average tenure), which suggests a new team.


Board Members

Experienced Board: ARD's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Argent Minerals Limited
  • Ticker: ARD
  • Exchange: ASX
  • Founded: 2007
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: AU$18.537m
  • Shares outstanding: 882.73m
  • Website: https://www.argentminerals.com.au

Number of Employees


Location

  • Argent Minerals Limited
  • 25 Colin Street
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/25 00:00
End of Day Share Price2022/05/25 00:00
Earnings2021/12/31
Annual Earnings2021/06/30


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.