Argos Resources Ltd, together with its subsidiary, Argos Exploration Ltd.
Adequate balance sheet and overvalued.
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.
7 Day Return
GB Oil and Gas
1 Year Return
GB Oil and Gas
Return vs Industry: ARG underperformed the UK Oil and Gas industry which returned -34.7% over the past year.
Return vs Market: ARG underperformed the UK Market which returned -12.5% over the past year.
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
3 months ago | Simply Wall StWhat Kind Of Investor Owns Most Of Argos Resources Ltd (LON:ARG)?
6 months ago | Simply Wall StCould The Argos Resources Ltd (LON:ARG) Ownership Structure Tell Us Something Useful?
10 months ago | Simply Wall StWhat Kind Of Shareholder Appears On The Argos Resources Ltd's (LON:ARG) Shareholder Register?
Is Argos 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 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 (0.2x) compared to the GB Oil and Gas industry average (0.4x).
How is Argos Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- 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.
- Explore growth companies in the Energy industry.
How has Argos Resources performed over the past 5 years?
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.
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.
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.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Argos Resources has no CEO, or we have no data on them.
|Founder & Executive Chairman||no data||no data||12.93% $585.2k|
|Finance Director & Executive Director||15.33yrs||US$21.00k||0.96% $43.6k|
|MD & Executive Director||15.33yrs||US$99.00k||1.36% $61.5k|
|Senior Independent Non-Executive Director||15.33yrs||US$19.00k||1.7% $76.9k|
|Independent Non-Executive Director||12.33yrs||US$20.00k||0.091% $4.1k|
|Independent Non-Executive Director||12.33yrs||US$10.00k||1.19% $53.8k|
Experienced Board: ARG's board of directors are seasoned and experienced ( 15.3 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 not been meaningfully diluted in the past year.
Argos Resources Ltd's company bio, employee growth, exchange listings and data sources
- Name: Argos Resources Ltd
- Ticker: ARG
- Exchange: AIM
- Founded: 1995
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: UK£4.525m
- Shares outstanding: 220.71m
- Website: https://www.argosresources.com
Number of Employees
- Argos Resources Ltd
- Argos House
- H Jones Road
- FIQQ 1ZZ
- Falkland Islands
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ARG||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||Jul 2010|
|00G||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jul 2010|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/31 23:09|
|End of Day Share Price||2020/05/29 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.