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ARV

Artemis ResourcesASX:ARV Stock Report

Market Cap

AU$125.5m

7D

-4.8%

1Y

-33.3%

Updated

26 Oct, 2021

Data

Company Financials
ARV fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

ARV Overview

Artemis Resources Limited engages in the exploration and development of mineral properties.

Artemis Resources Competitors

AF Legal Group

ASX:AFL

AU$34.8m

Price History & Performance

Summary of all time highs, changes and price drops for Artemis Resources
Historical stock prices
Current Share PriceAU$0.10
52 Week HighAU$0.051
52 Week LowAU$0.16
Beta0.72
1 Month Change16.28%
3 Month Change81.82%
1 Year Change-33.33%
3 Year Change-28.57%
5 Year Change400.00%
Change since IPO-97.06%

Recent News & Updates

Shareholder Returns

ARVAU Metals and MiningAU Market
7D-4.8%-0.4%0.8%
1Y-33.3%15.6%24.4%

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

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

Price Volatility

Is ARV's price volatile compared to industry and market?
ARV volatility
ARV Beta0.72
Industry Beta0.97
Market Beta1

Stable Share Price: ARV is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: ARV's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003n/an/ahttps://artemisresources.com.au

Artemis Resources Limited engages in the exploration and development of mineral properties. The company explores for gold, nickel, zinc, PGE, cobalt, and copper deposits. Its flagship projects include the Carlow Castle Gold-Copper-Cobalt project located in the West Pilbara region of Western Australia; and the Paterson Central project covering an area of approximately 605 square kilometers located in the Yaneena Basin of the Paterson Province, Western Australia.

Artemis Resources Fundamentals Summary

How do Artemis Resources's earnings and revenue compare to its market cap?
ARV fundamental statistics
Market CapAU$125.50m
Earnings (TTM)-AU$10.48m
Revenue (TTM)AU$133.82k

1.0kx

P/S Ratio

-12.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ARV income statement (TTM)
RevenueAU$133.82k
Cost of RevenueAU$38.62k
Gross ProfitAU$95.20k
ExpensesAU$10.58m
Earnings-AU$10.48m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0083
Gross Margin71.14%
Net Profit Margin-7,834.41%
Debt/Equity Ratio0.0%

How did ARV perform over the long term?

See historical performance and comparison

Valuation

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

2.18x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: ARV is good value based on its PB Ratio (2.2x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-33.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ARV is currently unprofitable.

Growing Profit Margin: ARV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ARV is unprofitable, and losses have increased over the past 5 years at a rate of 33.7% per year.

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

Earnings vs Industry: ARV 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: ARV has a negative Return on Equity (-18.18%), as it is currently unprofitable.


Financial Health

How is Artemis Resources's financial position?


Financial Position Analysis

Short Term Liabilities: ARV's short term assets (A$11.5M) exceed its short term liabilities (A$2.6M).

Long Term Liabilities: ARV's short term assets (A$11.5M) exceed its long term liabilities (A$1.4M).


Debt to Equity History and Analysis

Debt Level: ARV is debt free.

Reducing Debt: ARV has no debt compared to 5 years ago when its debt to equity ratio was 0.1%.


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

Forecast Cash Runway: ARV has less than a year of cash runway if free cash flow continues to reduce at historical rates of 20% each year


Dividend

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


Dividend Yield vs Market

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

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

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

1.8yrs

Average board tenure


CEO

Artemis Resources has no CEO, or we have no data on them.


Board Members

Experienced Board: ARV's board of directors are not considered experienced ( 1.8 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: ARV 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 11.8%.


Top Shareholders

Company Information

Artemis Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Artemis Resources Limited
  • Ticker: ARV
  • Exchange: ASX
  • Founded: 2003
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$125.500m
  • Shares outstanding: 1.25b
  • Website: https://artemisresources.com.au

Location

  • Artemis Resources Limited
  • 99 St Georges Terrace
  • Level 8
  • Perth
  • Western Australia
  • 6000
  • 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 07:01
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.