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).

earnings-and-revenue-history
earnings-and-revenue-history

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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