ARGOSY MINERALS LIMITED (AGY)
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AGY - ARGOSY MINERALS LIMITED

FNArena Sector : New Battery Elements
Year End: December
GICS Industry Group : Materials
Debt/EBITDA: -0.06
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.035

21 Nov
2024

-0.001

OPEN

$0.04

-2.78%

HIGH

$0.04

1,214,343

LOW

$0.04

TARGET
$0.08 128.6% upside
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FNARENA'S MARKET CONSENSUS FORECASTS
AGY: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx - 0.8 - 0.3 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-0.8
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx0.0 M
Book Value Per Share xxxxxxxxxxxxxxx4.7
Net Operating Cash Flow xxxxxxxxxxxxxxx-1.0 M
Net Profit Margin xxxxxxxxxxxxxxx-

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx-13.23 %
Return on Invested Capital xxxxxxxxxxxxxxx-13.21 %
Return on Assets xxxxxxxxxxxxxxx-13.17 %
Return on Equity xxxxxxxxxxxxxxx-13.23 %
Return on Total Capital xxxxxxxxxxxxxxx-4.49 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-1.1 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx0 M
Long Term Debt xxxxxxxxxxxxxxx0 M
Total Debt xxxxxxxxxxxxxxx0 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx14 M
Price To Book Value xxxxxxxxxxxxxxx2.86

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx4.1 M
Capex % of Sales xxxxxxxxxxxxxxx-
Cost of Goods Sold xxxxxxxxxxxxxxx0 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx4 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx44 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

-1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

24/06/2024

5

Downgrade to Underperform from Neutral

$0.08

128.57%

Macquarie has updated commodity forecasts and retains an overweight view on aluminum, nickel and met coal with an underweight view of iron ore, lithium and thermal coal.

The forecast price declines for lithium have a material impact on the broker's earnings forecasts and valuation for stocks under coverage in the sector.

For Core Lithium, the target falls to 8c from 16c and rating is downgraded to Underperform from Neutral. Variances in South American lithium carbonate prices and the Australian dollar present key risks to the broker's earnings forecast.

FORECAST
Macquarie forecasts a full year FY24 dividend of 0.00 cents and EPS of minus -0.30 cents.
Macquarie forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -0.70 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Canaccord Genuity

xx/xx/xxxx

1

xxxxxxxxxxx xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Petra Capital

29/07/2024

3

Downgrade to Hold from Buy

$0.05

42.86%

Argosy Minerals has suspended production at its Rincon lithium carbonate production facility in Argentina due to an inability to meet its nameplate production rates, observes Petra Capital.

The broker observes mechanical issues at the filtering stage have proven the project to be uneconomic given the small production base.

Management now turns its focus to cash conservation and developing its larger plants with better economies of scale.

FY24 EPS forecasts fall. FY25 EPS forecasts rise. Rating is downgraded to Hold from Buy. Target price slumps to 5c from 31c.

FORECAST
Petra Capital forecasts a full year FY24 dividend of 0.00 cents and EPS of minus -1.30 cents.
Petra Capital forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -0.20 cents.
Access Extra Coverage Research History >

AGY STOCK CHART

FNArena News on AGY

1
In Case You Missed It – BC Extra Upgrades & Downgrades – 02-08-24

Aug 02 2024 - Weekly Reports
2
Australian Broker Call *Extra* Edition – Aug 01, 2024

Aug 01 2024 - Daily Market Reports
3
Australian Broker Call *Extra* Edition – Jul 29, 2024

Jul 29 2024 - Daily Market Reports
4
Australian Broker Call *Extra* Edition – Jul 17, 2024

Jul 17 2024 - Daily Market Reports
5
Weekly Ratings, Targets, Forecast Changes – 28-06-24

Jul 01 2024 - Weekly Reports

Latest New Battery Elements News

1
In Brief: Lithium, Brazilian Rare Earths & Fineos

Oct 18 2024 - Weekly Reports
2
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Jul 22 2024 - Commodities
3
Awaiting The Next Lithium Upswing

Jul 17 2024 - Feature Stories
4
Australian Broker Call *Extra* Edition – Jul 01, 2024

Jul 01 2024 - Daily Market Reports
5
Treasure Chest: A Bottom For Lithium?

Feb 05 2024 - Treasure Chest
6
Tough Times For IGO

Feb 01 2024 - Australia
7
ESG Focus: The Little Big Things – 31-10-2023

Nov 01 2023 - ESG Focus
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Oct 13 2023 - Feature Stories
9
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Sep 07 2023 - ESG Focus
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Sep 05 2023 - Technicals