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Argo Exploration Limited is an oil & gas e&p business based in Australia. Argo Exploration shares (AXT) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Argo Exploration has a trailing 12-month revenue of around $3.8 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Argo Exploration
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Argo Exploration. Find the share by name or ticker symbol: AXT. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Argo Exploration reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Argo Exploration. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
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What's in this guide?
- Argo Exploration key stats
- Compare share trading platforms
- Is Argo Exploration stock a buy or sell?
- Argo Exploration performance over time
- Are Argo Exploration shares over-valued?
- Argo Exploration's financials
- How volatile are Argo Exploration shares?
- Does Argo Exploration pay a dividend?
- Other common questions
Argo Exploration stock price (ASX:AXT)
Use our graph to track the performance of AXT stocks over time.Argo Exploration shares at a glance
Information last updated 2021-09-11.
| 52-week range | $0.014 - $0.014 |
|---|---|
| 50-day moving average | $0.014 |
| 200-day moving average | $0.014 |
| Target price | N/A |
| PE ratio | 1 |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | $0.014 |
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Is it a good time to buy Argo Exploration stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Argo Exploration price performance over time
Historical closes compared with the last close of A$0.014
| 3 months (2021-07-20) | 0.014 |
|---|---|
| 6 months (2021-04-20) | 0.014 |
| 1 year (2020-10-20) | 0.014 |
|---|---|
| 5 years (2016-10-20) | -74.55% |
Is Argo Exploration under- or over-valued?
Valuing Argo Exploration stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Argo Exploration's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Argo Exploration's P/E ratio
Argo Exploration's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 1x. In other words, Argo Exploration shares trade at around 1x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Argo Exploration financials
| Revenue TTM | $3.8 million |
|---|---|
| Gross profit TTM | $0 |
| Return on assets TTM | -4.01% |
| Return on equity TTM | 93.77% |
| Profit margin | 69.59% |
| Book value | 0.021 |
| Market capitalisation | $2.8 million |
TTM: trailing 12 months
Argo Exploration share dividends
We're not expecting Argo Exploration to pay a dividend over the next 12 months.
Argo Exploration share price volatility
Over the last 12 months, Argo Exploration's shares have ranged in value from as little as $0.014 up to $0.014. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Argo Exploration's is -0.2402. This would suggest that Argo Exploration's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Argo Exploration has bucked the trend.
Argo Exploration overview
Argo Exploration Limited engages in exploration and development of resource properties. It primarily explores for base precious metals, including copper, gold, and uranium ores. The company was incorporated in 2006 and is based in South Melbourne, Australia.
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Argo Exploration in the news
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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