ARD argent minerals limited

Amongst of three silver stocks - AYN, CCU, ARD,CCU would be...

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    Amongst of three silver stocks - AYN, CCU, ARD,
    CCU would be safest one as it has E/V per ounce of $1.96 with 51m ounce and is at more advanced stage.

    ARD would be more attractive as it has E/V per ounce of $0.71 with 31.6m ounce.

    With comparison to AYN that has E/V per ounce of $8.50 with 15.1m ounce, ARD would be a good one to bet.

    ARD recently raised $1.5m placement at 22c which is good thing for supporting share price.

    According to company presentation, at current silver price, project net cash flow exceeds $550m.

    The 69% of resource is already in Measured/indicated.

    The only downside is that initial capital seems high, around $100m?

    With red DOW, I would get a good entry for ARD tomorrow.
 
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(20min delay)
Last
2.2¢
Change
0.001(4.76%)
Mkt cap ! $31.81M
Open High Low Value Volume
2.2¢ 2.3¢ 2.1¢ $118.9K 5.402M

Buyers (Bids)

No. Vol. Price($)
12 3581053 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 1844464 1
View Market Depth
Last trade - 15.59pm 27/06/2025 (20 minute delay) ?
ARD (ASX) Chart
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