Executive Summary
Argent Minerals Limited engages in the discovery, extraction, and marketing of precious and base metal properties in Australia. More Details
Risk Analysis
+ 1 more risk
Snowflake Analysis
Flawless balance sheet with weak fundamentals.
Similar Companies
Share Price & News
How has Argent Minerals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ARD is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 24% a week.
Volatility Over Time: ARD's weekly volatility (24%) has been stable over the past year, but is still higher than 75% of Australian stocks.
Market Performance
7 Day Return
-10.0%
ARD
-3.4%
AU Metals and Mining
-0.1%
AU Market
1 Year Return
350.0%
ARD
47.1%
AU Metals and Mining
12.7%
AU Market
Return vs Industry: ARD exceeded the Australian Metals and Mining industry which returned 47.3% over the past year.
Return vs Market: ARD exceeded the Australian Market which returned 12.7% over the past year.
Shareholder returns
| ARD | Industry | Market | |
|---|---|---|---|
| 7 Day | -10.0% | -3.4% | -0.1% |
| 30 Day | 0% | 2.6% | -2.2% |
| 90 Day | 26.0% | 6.2% | 1.2% |
| 1 Year | 350.0%350.0% | 54.2%47.1% | 16.3%12.7% |
| 3 Year | 148.1%142.3% | 79.0%54.5% | 27.6%12.2% |
| 5 Year | 180.5%173.9% | 199.5%152.2% | 59.8%29.0% |
Long-Term Price Volatility Vs. Market
How volatile is Argent Minerals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
9 months ago | Simply Wall St
Will Argent Minerals (ASX:ARD) Spend Its Cash Wisely?11 months ago | Simply Wall St
Can We See Significant Insider Ownership On The Argent Minerals Limited (ASX:ARD) Share Register?11 months ago | Simply Wall St
Who Has Been Buying Argent Minerals Limited (ASX:ARD) Shares?Valuation
Is Argent Minerals undervalued compared to its fair value and its price relative to the market?
90x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ARD's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ARD's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ARD is unprofitable, so we can't compare its PE Ratio to the AU Metals and Mining industry average.
PE vs Market: ARD 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 ARD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ARD is overvalued based on its PB Ratio (85.7x) compared to the AU Metals and Mining industry average (2.5x).
Next Steps
Future Growth
How is Argent Minerals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
-5.0%
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.
Next Steps
- Examine Argent Minerals's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Argent Minerals competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has Argent Minerals performed over the past 5 years?
-11.3%
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, and losses have increased over the past 5 years at a rate of 11.3% 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 (27%).
Return on Equity
High ROE: ARD has a negative Return on Equity (-427.91%), as it is currently unprofitable.
Next Steps
Financial Health
How is Argent Minerals's financial position?
Financial Position Analysis
Short Term Liabilities: ARD's short term assets (A$2.0M) exceed its short term liabilities (A$1.9M).
Long Term Liabilities: ARD's short term assets (A$2.0M) exceed its long term liabilities (A$26.4K).
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 years if free cash flow continues to reduce at historical rates of 9.7% each year.
Next Steps
Dividend
What is Argent Minerals's current dividend yield, its reliability and sustainability?
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.
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 ARD'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?
2.2yrs
Average management tenure
CEO
George Karageorge
1.42yrs
Tenure
AU$245,497
Compensation
Mr. George Karageorge, BAppSc. Geology, MAusIMM, has been Non-Executive Director of MinRex Resources Limited since December 18, 2020. He has been Managing Director, Chief Executive Officer and Director of ...
CEO Compensation Analysis
Compensation vs Market: George's total compensation ($USD187.92K) is below average for companies of similar size in the Australian market ($USD297.11K).
Compensation vs Earnings: Insufficient data to compare George's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 1.42yrs | AU$245.50k | 0.63% A$ 332.1k | |
| Exploration Manager | 5.5yrs | no data | no data | |
| Company Secretary | 0.92yr | no data | no data | |
| Project Manager | no data | AU$44.28k | no data | |
| Technical Advisor of Acquisitions | 2.92yrs | no data | no data |
2.2yrs
Average Tenure
Experienced Management: ARD's management team is considered experienced (2.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ARD insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 38.5%.
Top Shareholders
Company Information
Argent Minerals Limited's company bio, 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
- Market Cap: AU$52.573m
- Shares outstanding: 876.21m
- Website: https://www.argentminerals.com.au
Number of Employees
Location
- Argent Minerals Limited
- 25 Colin Street
- West Perth
- Western Australia
- 6005
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ARD | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Apr 2008 |
| ARD | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Apr 2008 |
| ARDN.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Apr 2008 |
Biography
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 f...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/08 07:03 |
| End of Day Share Price | 2021/03/08 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.