company background image
ARG

Argos Resources AIM:ARG Stock Report

Last Price

UK£0.017

Market Cap

UK£4.0m

7D

6.3%

1Y

-15.0%

Updated

08 Aug, 2022

Data

Company Financials
ARG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

ARG Stock Overview

Argos Resources Ltd engages in the exploration of oil and gas properties in the Falkland Islands.

Argos Resources Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Argos Resources
Historical stock prices
Current Share PriceUK£0.017
52 Week HighUK£0.045
52 Week LowUK£0.0063
Beta1.58
1 Month Change-2.86%
3 Month Change-43.33%
1 Year Change-15.00%
3 Year Change-43.33%
5 Year Change-40.87%
Change since IPO-94.89%

Recent News & Updates

Shareholder Returns

ARGGB Oil and GasGB Market
7D6.3%3.4%0.5%
1Y-15.0%11.9%-6.8%

Return vs Industry: ARG underperformed the UK Oil and Gas industry which returned 11.9% over the past year.

Return vs Market: ARG underperformed the UK Market which returned -6.8% over the past year.

Price Volatility

Is ARG's price volatile compared to industry and market?
ARG volatility
ARG Average Weekly Movement16.0%
Oil and Gas Industry Average Movement8.4%
Market Average Movement5.4%
10% most volatile stocks in GB Market10.7%
10% least volatile stocks in GB Market2.7%

Stable Share Price: ARG is more volatile than 90% of UK stocks over the past 3 months, typically moving +/- 16% a week.

Volatility Over Time: ARG's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

FoundedEmployeesCEOWebsite
19956n/ahttps://www.argosresources.com

Argos Resources Ltd engages in the exploration of oil and gas properties in the Falkland Islands. It holds a 100% interest in license PL001 covering an area of approximately 1,126 square kilometers located in the North Falkland Basin. The company was founded in 1995 and is based in Stanley, the Falkland Islands.

Argos Resources Fundamentals Summary

How do Argos Resources's earnings and revenue compare to its market cap?
ARG fundamental statistics
Market CapUS$4.84m
Earnings (TTM)-US$356.00k
Revenue (TTM)n/a

0.0x

P/S Ratio

-13.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ARG income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$356.00k
Earnings-US$356.00k

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0015
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did ARG perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is ARG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ARG?

Other financial metrics that can be useful for relative valuation.

ARG key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Book Ratio vs Peers

How does ARG's PB Ratio compare to its peers?

ARG PB Ratio vs Peers
The above table shows the PB ratio for ARG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average4x
PET Petrel Resources
15xn/aUK£3.4m
LOGP Lansdowne Oil & Gas
0.3xn/aUK£4.9m
AST Ascent Resources
0.1xn/aUK£5.2m
MSMN Mosman Oil and Gas
0.7xn/aUK£3.0m
ARG Argos Resources
0.2xn/aUK£4.0m

Price-To-Book vs Peers: ARG is good value based on its Price-To-Book Ratio (0.2x) compared to the peer average (4x).


Price to Earnings Ratio vs Industry

How does ARG's PE Ratio compare vs other companies in the GB Oil and Gas Industry?

Price-To-Book vs Industry: ARG is good value based on its Price-To-Book Ratio (0.2x) compared to the UK Oil and Gas industry average (0.9x)


Price to Book Ratio vs Fair Ratio

What is ARG's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ARG PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.2x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate ARG's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of ARG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate ARG's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate ARG's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Argos Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-5.0%

Forecasted Energy 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 Argos 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.


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  • Examine Argos Resources'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.
  • Argos Resources competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Argos Resources performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-51.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ARG is currently unprofitable.

Growing Profit Margin: ARG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ARG is unprofitable, and losses have increased over the past 5 years at a rate of 51.3% per year.

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

Earnings vs Industry: ARG is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (291.9%).


Return on Equity

High ROE: ARG has a negative Return on Equity (-1.21%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Argos Resources's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: ARG's short term assets ($347.0K) exceed its short term liabilities ($54.0K).

Long Term Liabilities: ARG has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: ARG is debt free.

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

Forecast Cash Runway: ARG has less than a year of cash runway if free cash flow continues to grow at historical rates of 44.3% each year.


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if ARG'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 ARG has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

17.6yrs

Average board tenure


CEO

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


Board Members

Experienced Board: ARG's board of directors are seasoned and experienced ( 17.6 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Argos Resources Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Argos Resources Ltd
  • Ticker: ARG
  • Exchange: AIM
  • Founded: 1995
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Implied Market Cap: UK£3.997m
  • Shares outstanding: 235.14m
  • Website: https://www.argosresources.com

Number of Employees


Location

  • Argos Resources Ltd
  • Argos House
  • H Jones Road
  • Stanley
  • FIQQ 1ZZ
  • Falkland Islands

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/08 00:00
End of Day Share Price2022/08/08 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.