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
|Historical stock prices|
|Current Share Price||AU$0.021|
|52 Week High||AU$0.055|
|52 Week Low||AU$0.02|
|1 Month Change||-22.22%|
|3 Month Change||-32.26%|
|1 Year Change||-59.61%|
|3 Year Change||31.25%|
|5 Year Change||-22.22%|
|Change since IPO||-90.87%|
Recent News & Updates
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...
|ARD||AU Metals and Mining||AU Market|
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.
|ARD Average Weekly Movement||12.8%|
|Metals and Mining Industry Average Movement||10.9%|
|Market Average Movement||9.3%|
|10% most volatile stocks in AU Market||16.4%|
|10% least volatile stocks in AU Market||4.2%|
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
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
|ARD fundamental statistics|
Is ARD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ARD income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0022|
|Net Profit Margin||313.68%|
How did ARD perform over the long term?See historical performance and comparison
How is Argent Minerals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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.
How has Argent Minerals performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
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.
How is Argent Minerals's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
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.
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.
What is Argent Minerals's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
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
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Pedro Kastellorizos (47 yo)
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...
Experienced Management: ARD's management team is not considered experienced ( 0.2 years average tenure), which suggests a new team.
Experienced Board: ARD's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
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 not been meaningfully diluted in the past year.
Argent Minerals Limited's employee growth, exchange listings and data sources
- 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
- Argent Minerals Limited
- 25 Colin Street
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/25 00:00|
|End of Day Share Price||2022/05/25 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.