company background image
ARE

Argonaut ResourcesASX:ARE Stock Report

Market Cap

AU$25.2m

7D

-12.5%

1Y

0%

Updated

26 Oct, 2021

Data

Company Financials
ARE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

ARE Overview

Argonaut Resources NL operates as a mineral exploration and development company in Zambia and Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Argonaut Resources
Historical stock prices
Current Share PriceAU$0.007
52 Week HighAU$0.005
52 Week LowAU$0.017
Beta1.79
1 Month Change-12.50%
3 Month Change0%
1 Year Change0%
3 Year Change-65.00%
5 Year Change0%
Change since IPO-99.88%

Recent News & Updates

Shareholder Returns

AREAU Metals and MiningAU Market
7D-12.5%-0.4%0.8%
1Y0%15.6%24.4%

Return vs Industry: ARE underperformed the Australian Metals and Mining industry which returned 15.6% over the past year.

Return vs Market: ARE underperformed the Australian Market which returned 24.4% over the past year.

Price Volatility

Is ARE's price volatile compared to industry and market?
ARE volatility
ARE Beta1.79
Industry Beta0.97
Market Beta1

Stable Share Price: ARE is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 17% a week.

Volatility Over Time: ARE's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
1985n/aLindsay Owlerhttps://www.argonautresources.com

Argonaut Resources NL operates as a mineral exploration and development company in Zambia and Australia. It primarily explores for iron oxide, copper, gold, cobalt, and zinc. The company was incorporated in 1985 is headquartered in Adelaide, Australia.

Argonaut Resources Fundamentals Summary

How do Argonaut Resources's earnings and revenue compare to its market cap?
ARE fundamental statistics
Market CapAU$25.24m
Earnings (TTM)-AU$5.77m
Revenue (TTM)n/a

0x

P/S Ratio

-4.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ARE income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$5.77m
Earnings-AU$5.77m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0016
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did ARE perform over the long term?

See historical performance and comparison

Valuation

Is Argonaut Resources undervalued compared to its fair value and its price relative to the market?

2.51x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ARE's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ARE's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ARE is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: ARE 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 ARE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ARE's PB Ratio (2.5x) is in line with the AU Metals and Mining industry average.


Future Growth

How is Argonaut Resources 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 Argonaut Resources 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 Argonaut Resources performed over the past 5 years?

8.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ARE is currently unprofitable.

Growing Profit Margin: ARE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ARE is unprofitable, but has reduced losses over the past 5 years at a rate of 8.5% per year.

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

Earnings vs Industry: ARE 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: ARE has a negative Return on Equity (-57.24%), as it is currently unprofitable.


Financial Health

How is Argonaut Resources's financial position?


Financial Position Analysis

Short Term Liabilities: ARE's short term assets (A$5.6M) exceed its short term liabilities (A$1.4M).

Long Term Liabilities: ARE's short term assets (A$5.6M) exceed its long term liabilities (A$249.3K).


Debt to Equity History and Analysis

Debt Level: ARE is debt free.

Reducing Debt: ARE 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: ARE has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ARE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 15.6% each year


Dividend

What is Argonaut Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if ARE'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 ARE'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?

11.5yrs

Average board tenure


CEO

Lindsay Owler (49 yo)

no data

Tenure

AU$545,230

Compensation

Mr. Lindsay J. Owler, BSc, MAusIMM, serves as CEO and Director at Argonaut Resources N.L. and served as its Director of Exploration since March 27, 2005 until December 2019. Mr. Owler is responsible for al...


CEO Compensation Analysis

Compensation vs Market: Lindsay's total compensation ($USD408.72K) is above average for companies of similar size in the Australian market ($USD301.38K).

Compensation vs Earnings: Lindsay's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: ARE's board of directors are seasoned and experienced ( 11.5 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 23.8%.


Top Shareholders

Company Information

Argonaut Resources NL's employee growth, exchange listings and data sources


Key Information

  • Name: Argonaut Resources NL
  • Ticker: ARE
  • Exchange: ASX
  • Founded: 1985
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$25.243m
  • Shares outstanding: 3.61b
  • Website: https://www.argonautresources.com

Location

  • Argonaut Resources NL
  • 100 Pirie Street
  • Level 6
  • Adelaide
  • South Australia
  • 5000
  • 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 16:12
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
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.