Argos Resources Ltd
ARG.L
London Stock Exchange0.35
GBp
-0.20
- -
Argos Resources Ltd
ARG.L
(London Stock Exchange)
Recent
price
0.35
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- Argos Resources Ltd previously focused on oil and gas exploration activities within the Falkland Islands. The company held a complete interest in license PL001, encompassing an area of approximately 1,126 square kilometers situated in the North Falkland Basin. In 2023, a significant strategic shift occurred, with Argos Resources agreeing to sell its entire stake in the PL001 license to JHI Associates Inc. Following this transaction, which was completed in September 2023, the company's shareholders approved the disposal of the asset and the intention to wind up the company and cancel the admission of its shares to trading on AIM. The company was established in 1995 and its base of operations is located in Stanley, the Falkland Islands.