Argosy Minerals First Half 2023 Earnings: EPS: AU$0.001 (vs AU$0.002 in 1H 2022)

Argosy Minerals (ASX:AGY) First Half 2023 Results

Key Financial Results

  • Net income: AU$1.89m (down 30% from 1H 2022).

  • EPS: AU$0.001 (down from AU$0.002 in 1H 2022).


All figures shown in the chart above are for the trailing 12 month (TTM) period

Argosy Minerals Earnings Insights

Looking ahead, revenue is forecast to grow 118% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Metals and Mining industry in Australia.

Performance of the Australian Metals and Mining industry.

The company's shares are down 14% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Argosy Minerals (1 is a bit concerning!) that you need to be mindful of.

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