Argentina Mining Limited (AVK)

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General Information
Company Name: Argentina Mining Limited
Stock Code: AVK
GICS Sub-Industry: Gold
Market Cap ($M): 6
Equiv. Shares (M): 237

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.024 $ 0.026 $ 0.026 $ 0.024 $ 0.027 278,000 $ -0.003  -11.111 %

Company Overview

Business Description:
Argentina Mining Limited (AVK) is a gold and copper explorer in Argentina and Chile. Its project portfolio is located in Argentina’s principal mining province of San Juan includes previously established porphyry copper-gold targets at Cerro Blanco and regional exploration projects.

Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2013  A -4.9 -7.2 -- 0.0 0.0 0.0 --
2012  A -1.3 -2.0 -- 0.0 0.0 0.0 --
2011  A -1.2 -4.5 -- 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2011 A 2012 F 2013 F 2011 A 2012 F 2013 F 2011 A 2012 F 2013 F
Argentina Mining (AVK) $6 M -- -- -- -- -- -- 0.00 -- --
Newcrest Mining (NCM) $8,010 M -0.0429 -0.3511 0.8389 18.5415 28.5753 15.5390 0.00 0.00 1.89
Northern Star Resources (NST) $846 M 0.2151 2.4227 0.1534 17.9551 5.2459 4.5483 2.43 4.51 5.38
OZ Minerals (OZL) $1,244 M -- -- -0.6506 -- 82.3293 235.6322 4.88 4.88 3.65
Regis Resources (RRL) $890 M 0.9835 -0.5676 0.1897 5.9117 13.6713 11.4913 8.43 0.61 NaN

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
AVK -- -- 0.97 -- --
Market 1.12 14.0 0.99 1.06 3.50
Sector 0.72 12.1 0.71 0.97 5.63

Name Position Start Date
Mr John Load Cecil Jones Non-Executive Chairman 20 June 2014
Mr Mark William Wilson Non-Executive Director 20 June 2014
Mr John Stockley Non-Executive Director 30 December 2013

Name Position
John Phillip Arbuckle Company Secretary

Substantial Shareholders
Holding Name
6,765,001 (8.49%) Eduardo Rogelio Videla
5,095,001 (5.32%) Shedden Associates Pty Ltd (The Shedden Super Fund A/C)
6,680,490 (8.60%) Jorge Alfredo Bastias
4,095,000 (5.21%) Sandra Patricia Videla
15,687,443 (19.94%) Independence Group NL

Calendar of Events
Date Event
30 July 2015 Report (Quarterly)
30 April 2015 Report (Quarterly)
02 February 2015 Report (Quarterly)
30 October 2014 Report (Quarterly)
29 September 2014 Report (Annual)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at


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