Argonaut Resources NL operates as a mineral exploration and development company in Zambia and Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.007|
|52 Week High||AU$0.005|
|52 Week Low||AU$0.017|
|1 Month Change||-12.50%|
|3 Month Change||0%|
|1 Year Change||0%|
|3 Year Change||-65.00%|
|5 Year Change||0%|
|Change since IPO||-99.88%|
Recent News & Updates
|ARE||AU Metals and Mining||AU Market|
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.
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
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
|ARE fundamental statistics|
Is ARE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ARE income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0016|
|Net Profit Margin||0.00%|
How did ARE perform over the long term?See historical performance and comparison
Is Argonaut Resources undervalued compared to its fair value and its price relative to the market?
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.
How is Argonaut Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Argonaut Resources performed over the past 5 years?
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.
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$249.3K).
Debt to Equity History and Analysis
Debt Level: ARE is debt free.
Reducing Debt: ARE has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ARE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ARE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 15.6% each year
What is Argonaut Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ARE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ARE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ARE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ARE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ARE's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Lindsay Owler (49 yo)
Mr. Lindsay J. Owler, BSc, MAusIMM, serves as CEO and Director at Argonaut Resources N.L. and served as its Director of Exploration since March 27, 2005 until December 2019. Mr. Owler is responsible for al...
CEO Compensation Analysis
Compensation vs Market: Lindsay's total compensation ($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.
Experienced Board: ARE's board of directors are seasoned and experienced ( 11.5 years average tenure).
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 been diluted in the past year, with total shares outstanding growing by 23.8%.
Argonaut Resources NL's employee growth, exchange listings and data sources
- 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
- Argonaut Resources NL
- 100 Pirie Street
- Level 6
- South Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 16:12|
|End of Day Share Price||2021/10/26 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.