SmallCaps
ASX:AGYMaterialsDiversified Metals & Mining

Argosy Minerals Ltd

Argosy Minerals Limited is an Australia-based company, which is engaged in the development of the Rincon Lithium Project and exploration of the Tonopah Lithium Project.

$0.033 ⁠$0.001 (3.13%)AUD · Closed
+19.4%52-week return
Day Range
$0.032$0.033
52 Week Range
$0.030$0.135
Volume
968.14K
Avg Volume (10D)
1.30M
Market Cap
$53.68M
P/E Ratio
8.87
The company

The business

What Argosy Minerals Ltd does

Argosy Minerals Limited is an Australia-based company, which is engaged in the development of the Rincon Lithium Project and exploration of the Tonopah Lithium Project. The Company has approximately 77.5% interest in the Rincon Lithium Project in Salta Province, Argentina and a 100% interest in the Tonopah Lithium Project in Nevada, United States. The Rincon Lithium Project comprises up to 8,606 hectares of Mining Titles and mining easement landholdings at the Salar del Rincon in Salta Province, Argentina. The Project is located in the elevated and arid Puna region of Argentina and forms part of a number of highly mineralized salars in production and development. The Company’s Tonopah Lithium Project is located within the Big Smokey Valley region in Nevada, United States, and comprises 425 claims covering an area of approximately 34.25 square kilometers (km2). The Tonopah Lithium Project is strategically located at the neighboring Silver Peak Lithium Mine deposit.

Incorporated
AUS
Public since
1997-06-06
Employees
2
Shareholders
11,949
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Share price & key data

Share price

OHLC · volume · moving averages
$0.033-$0.028 (-45.90%)over 6M
Hi$0.088Lo$0.032
Price-sensitive newsVolumePrev close · 52W range

Market Statistics

Today
Open
$0.033
Prev Close
$0.032
Day High
$0.033
Day Low
$0.032
52wk High
$0.135
52wk Low
$0.030

Valuation

Multiples
Market Cap
$53.68M
Shares Out
1.63B
P/E (Annual)
8.87
P/E (TTM)
10.62
Price/Book
0.77

Trading Activity

Volume & book
Volume
968.14K
Value Traded
$31.59K
Bid
$0.032 × 1,919,006
Ask
$0.033 × 864,886
Avg Vol 10D
1.30M

Performance

Total return
1 Day
+0.00%
5 Day
-4.44%
13 Week
-36.76%
52 Week
+19.44%
YTD
-62.61%
Peers & news

Latest news

From the Small Caps desk
Argosy Minerals Boosts DFS Progress with 99% Lithium Purity Result at Rincon Pilot
Mining & Resources

Argosy Minerals Boosts DFS Progress with 99% Lithium Purity Result at Rincon Pilot

Argosy Minerals hits 99% LiCl purity and 94.4% lithium yield in Rincon pilot, de-risking DFS and advancing toward 12,000 tpa production.

Argosy Minerals Poised for Growth as Lithium Market Shows Signs of a Rebound
Mining & Resources

Argosy Minerals Poised for Growth as Lithium Market Shows Signs of a Rebound

Battery metals specialist Argosy Minerals (ASX: AGY) has requested a trading halt ahead of the announcement of a much-anticipated capital raising. The proposed raising follows the company’s recent announcement of its execution of a 60-tonne lithium carbonate spot sales contract. Argosy will produce the battery quality (approximately 99.5% purity) lithium carbonate from its Rincon project […]

Argosy signs lithium carbonate spot sale deal with Hong Kong buyer as Rincon gains traction
Mining & Resources

Argosy signs lithium carbonate spot sale deal with Hong Kong buyer as Rincon gains traction

Argosy Minerals (ASX: AGY) has signed a substantial spot sales contract to supply 60 tonnes of battery-quality (greater than 99.5% purity) lithium carbonate produced at the company’s Rincon lithium project in Argentina to a Hong Kong-based chemical company. The spot sales contract has an agreed fixed price referenced from the Shanghai Metals Market battery-grade lithium […]

Argosy Minerals increases Rincon resource estimate with new tenements and exploration targets
Mining & Resources

Argosy Minerals increases Rincon resource estimate with new tenements and exploration targets

Argosy Minerals (ASX: AGY) has confirmed an upgrade to the total mineral resource estimate at its flagship Rincon lithium project in Argentina’s Salta province. The company engaged Perth-based water management consultancy AQ2 to prepare the update, which includes new tenements acquired in June, an expanded suite of exploration targets and proposed associated field activities. The […]

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