Argonaut Resources NL (ARE)



Welcome to InvestSMART

You are currently viewing our site as a guest, which gives you limited access to our site features. By signing up for a free membership, you will receive our Investment Opportunity newsletters and have access to additional features for finding and comparing managed funds and shares. Registration is fast and simple, so please:

Sign Up Today Ľ it's FREE! Already a member? Login now!


General Information
Company Name: Argonaut Resources NL
Stock Code: ARE
Website: www.argonautresources.com
GICS Sub-Industry: Gold
Market Cap ($M): 8
Equiv. Shares (M): 444

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.017 $ 0.017 $ 0.017 $ 0.017 $ 0.017 5,800 0%

Company Overview

Business Description:
Argonaut Resources NL (ARE) is a mineral exploration and development company with projects in South Australia, Queensland, Laos and Zambia. ARE is exploring for gold and copper at its Alford and Torrens projects in South Australia, zinc-copper at Mt Kroombit in Central Queensland, gold in Laos and copper at the flagship Lumwana West Project in Zambia.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014  A -2.2 -0.7 -- 0.0 0.0 0.0 --
2013  A -11.3 -4.3 -714.3 0.0 0.0 0.0 --
2012  A 1.8 0.7 -- 8.1 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F
Argonaut Resources NL (ARE) $9 M -- -- -- -- -- -- 0.00 -- --
Newcrest Mining (NCM) $8,079 M -0.0429 -0.3510 0.8376 18.7012 28.8136 15.6799 0.00 0.00 1.89
Northern Star Resources (NST) $787 M 0.2151 2.4252 0.1522 16.7082 4.8780 4.2338 2.61 4.81 5.74
OZ Minerals (OZL) $1,162 M -- -- -0.6426 -- 76.9076 215.1685 5.22 5.22 3.91
Regis Resources (RRL) $810 M -- -- 0.7622 -- 12.1167 6.8761 0.00 NaN 3.09

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
ARE -- -- 0.60 -- --
Market 1.19 13.5 1.00 0.99 3.57
Sector 0.71 10.85 0.71 0.97 4.69

Directors
Name Position Start Date
Mr Andrew William Bursill Chief Financial Officer,Company Secretary,Executive Director 16 April 2010
Mr Lindsay Owler Exploration Director 01 June 2005
Mr Patrick James Dymock Elliott Non-Executive Chairman 30 June 2003
Professor Malcolm Ross Richmond Non-Executive Director 14 March 2012

Calendar of Events
Date Event
21 September 2015 Report (Annual)
30 July 2015 Report (Quarterly)
29 April 2015 Report (Quarterly)
30 January 2015 Report (Quarterly)
30 October 2014 Report (Quarterly)
20 October 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 www.morningstar.com.au/fsg.asp.

Advertisement

Trade Shares Online from $19.95^
Free Guides

The SMH Guide to Trading Using Options and Minis

This guide to using options and MINIs to improve the results of your trading is for those with some experience in trading shares.

More details...

News

Billionaires bankroll Ten's new direction Media Network sees digital future

The Age 19/12/2013 | Ten Network's programming ambitions will be funded by a $200 million loan guaranteed by three of its billionaire owners, as the free-to-air broadcaster declared digital was the future and pointed to early signs that its switch to an older market demographic was working.

Elders alleges $24m fraud in live cattle division

The Age 19/12/2013 | Troubled rural services group Elders is threatening to call in the police over an alleged $24 million fraud by a "handful of individuals" in its live cattle exports division.

Bega Cheese holds back in three-way bidding war for WCB

The Age 19/12/2013 | Bega Cheese began the battle for Warrnambool Cheese & Butter but three months on it appears to be the first casualty of the bidding war.

Aussie hampers transition

The Age 19/12/2013 | A persistently high Australian dollar is thwarting the Reserve Bank's efforts to ease the transition of the economy away from mining.

RBA keeps its focus on lower dollar

The Age 19/12/2013 | The Reserve Bank is keeping the door open to further interest rate cuts, but believes the "significant amount" of monetary policy easing over the past two years is already stimulating growth.

Pact's struggles weigh down Orora

The Age 19/12/2013 | The underwhelming sharemarket debut of packaging company Pact Group Holdings has weighed on the demerger of Amcor and its $2 billion Australasian packaging and distribution business Orora.

More...


Sponsored Links