AIM:ARG

Stock Analysis Report

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Executive Summary

Argos Resources Ltd, together with its subsidiary, Argos Exploration Ltd.


Snowflake Analysis

Adequate balance sheet and overvalued.


Similar Companies

Share Price & News

How has Argos Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ARG's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

26.8%

ARG

14.0%

GB Oil and Gas

5.5%

GB Market


1 Year Return

-20.0%

ARG

-26.5%

GB Oil and Gas

-9.2%

GB Market

Return vs Industry: ARG exceeded the UK Oil and Gas industry which returned -31.2% over the past year.

Return vs Market: ARG exceeded the UK Market which returned -11% over the past year.


Shareholder returns

ARGIndustryMarket
7 Day26.8%14.0%5.5%
30 Day30.0%17.9%10.8%
90 Day-7.1%-1.2%-0.4%
1 Year-20.0%-20.0%-22.1%-26.5%-4.8%-9.2%
3 Year-20.0%-20.0%7.8%-6.6%-0.8%-12.9%
5 Year-73.3%-73.3%18.3%-5.9%18.1%-8.2%

Price Volatility Vs. Market

How volatile is Argos Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

0.25x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: ARG is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.

PE vs Market: ARG is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ARG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ARG is good value based on its PB Ratio (0.3x) compared to the GB Oil and Gas industry average (0.5x).


Next Steps

Future Growth

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

56.2%

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.


Next Steps

Past Performance

How has Argos Resources performed over the past 5 years?

67.1%

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, but has reduced losses over the past 5 years at a rate of 67.1% 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 (-2.2%).


Return on Equity

High ROE: ARG has a negative Return on Equity (-1.36%), as it is currently unprofitable.


Next Steps

Financial Health

How is Argos Resources's financial position?


Financial Position Analysis

Short Term Liabilities: ARG's short term assets ($854.0K) exceed its short term liabilities ($58.0K).

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: Insufficient data to determine if ARG has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if ARG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


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.


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 ARG's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

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

15.4yrs

Average board tenure


CEO

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


Board Members

NamePositionTenureCompensationOwnership
Ian Thomson
Founder & Executive Chairmanno datano data12.93% $742.2k
Andrew McKenzie Irvine
Finance Director & Executive Director15.42yrsUS$21.00k0.96% $55.3k
John Hogan
MD & Executive Director15.42yrsUS$99.00k1.36% $78.0k
Dennis Carlton
Senior Independent Non-Executive Director15.42yrsUS$19.00k1.7% $97.5k
James Ragg
Independent Non-Executive Director12.42yrsUS$20.00k0.091% $5.2k
Christopher MacDonald Fleming
Independent Non-Executive Director12.42yrsUS$10.00k1.19% $68.3k

15.4yrs

Average Tenure

62.5yo

Average Age

Experienced Board: ARG's board of directors are seasoned and experienced ( 15.4 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 company bio, 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
  • Market Cap: UK£5.739m
  • Shares outstanding: 220.71m
  • Website: https://www.argosresources.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ARGAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPJul 2010
00GDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 2010

Biography

Argos Resources Ltd, together with its subsidiary, Argos Exploration Ltd. engages in the exploration of oil and gas properties in the Falkland Islands. The company holds a 100% interest in license PL001, which covers approximately 1,126 square kilometers in the North Falkland Basin. Argos Resources Ltd was founded in 1995 and is based in Stanley, the Falkland Islands. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/05 22:51
End of Day Share Price2020/06/05 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.