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Argo Gold Inc

Company price
0.08 CAD 0.00(0%)
Last update at 2026-11-09T17:19:00Z
VOLUME
32000
Market Cap
6.53M

Momentum Score

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Argo Gold Inc. engages in the acquisition, exploration, development, and production of mineral properties in Canada. It primarily explores for gold, silver, nickel, copper, platinum group metals, cobalt, lead, zinc, and uranium deposits. The company was formerly known as Arbitrage Exploration Inc. and changed its name to Argo Gold Inc. in September 2016. Argo Gold Inc. was incorporated in 1995 and is based in Toronto, Canada.

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Day Price Range
0.08
Low
0.08
High
52 Week Price Range
0.05
Low
0.14
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Public disclosures for Argo Gold Inc (ARQ.CN) are limited and there is little verifiable information on its operations, assets, or recent financial activity. Because of sparse disclosure, long-term growth drivers are unclear; the company may only appeal to investors seeking speculative exposure to a Canadian-listed junior with potential for asset reappraisal.
Investors should monitor very high information risk, low trading liquidity, limited operating history or revenue, and potential for dilution or corporate inactivity.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.08
Dividend Yield
-
Revenue TTM
1.84M
Revenue Per Share
0.03
Gross Profit TTM
1.20M
Debt / Equity
-
ROE
-6.09%
Net Debt
0.82M
ROCE
38.53%
Diluted EPS TTM
-

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Income before tax 0.44M -0.28M -1.45M -2.18M -0.21M
Net income 0.44M -0.28M -1.45M -2.18M -0.21M
Selling general administrative 0.62M 0.42M 1.11M 0.62M 1.13M
Gross profit 1.24M 0.78M -0.00M -0.00M -0.00M
Reconciled depreciation 0.40M 0.11M 0.00M 0.00M 0.00M
Ebit - - -1.05M -1.74M -1.61M
Ebitda - - - -1.90M -1.77M
Operating income 0.60M -0.12M -1.24M -1.90M -1.77M
Other operating expenses - - 0.00M 0.00M 0.00M
Interest expense 0.11M 0.14M 0.00M 0.00M 0.00M
Interest income 0.10M 0.15M 0.25M 0.00M 0.00M
Net interest income -0.10M -0.14M -0.00M -0.00M -0.00M
Total revenue 2.24M 0.95M 0.00M 0.00M 0.00M
Total operating expenses 1.64M 0.79M 1.01M 1.90M 1.77M
Cost of revenue 1.00M 0.17M 0.00M 0.00M 0.00M
Total other income expense net -0.06M -0.31M -0.35M -0.27M 1.57M
Net income from continuing ops 0.44M -0.28M -1.36M -2.18M -0.21M
Net income applicable to common shares 0.44M -0.28M -1.45M -2.18M -0.21M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 3.30M 2.78M 1.09M 2.14M 4.30M
Total liab 1.83M 1.83M 0.48M 0.08M 0.35M
Total stockholder equity 1.47M 0.95M 0.61M 2.06M 3.96M
Other current liab - - - 0.04M 0.25M
Common stock 15.65M 15.56M 14.95M 14.95M 14.67M
Capital stock 15.65M 15.56M 14.95M 14.95M 14.67M
Retained earnings -14.18M -14.61M -14.77M -13.89M -11.72M
Cash 0.29M 0.07M 0.01M 0.82M 1.81M
Total current liabilities 1.74M 1.77M 0.48M 0.08M 0.35M
Net debt 0.82M 1.03M - - -
Short term debt 1.11M 1.11M 0.00M 0.00M 0.00M
Short long term debt 1.11M 1.11M - - -
Other stockholder equity - - 0.44M 1.01M 1.01M
Property plant equipment 2.80M 2.39M 0.94M 0.93M 0.93M
Total current assets 0.50M 0.39M 0.15M 1.21M 3.37M
Net tangible assets - - 0.61M 2.06M 3.96M
Short term investments - 0.00M 0.08M 0.33M 1.50M
Net receivables 0.20M 0.16M 0.03M 0.02M 0.04M
Accounts payable 0.39M 0.49M 0.48M 0.04M 0.09M
Non current assets total 2.80M 2.39M 0.94M 0.93M 0.93M
Long term debt total 0.00M 0.00M 0.00M 0.00M 0.00M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Investments -0.71M -1.73M 0.00M 0.68M 0.15M
Change to liabilities - - 0.44M -0.09M -0.10M
Total cashflows from investing activities -0.71M -1.73M -0.01M 0.67M 0.31M
Net borrowings 0.00M 1.07M 0.00M - -
Total cash from financing activities -0.02M 1.68M 0.32M 0.32M 2.76M
Change to operating activities - - -0.01M 0.00M -0.03M
Net income 0.44M -0.28M -1.45M -2.18M -0.21M
Change in cash 0.22M 0.07M -0.81M -0.99M 1.68M
Begin period cash flow 0.07M 0.01M 0.82M 1.81M 0.12M
End period cash flow 0.29M 0.07M 0.17M 0.82M 1.81M
Total cash from operating activities 0.95M 0.12M -0.81M -1.98M -1.39M
Issuance of capital stock - - 0.35M 0.35M 2.84M
Depreciation 0.40M 0.11M 0.00M 0.00M 0.00M
Other cashflows from investing activities 0.00M 0.06M 0.00M 0.68M 0.45M
Change to account receivables -0.05M -0.21M 0.00M - -
Sale purchase of stock -0.02M 0.62M 0.00M 0.35M 2.85M
Other cashflows from financing activities - - 0.00M -0.03M -0.10M
Change to netincome - - 0.21M 0.27M -1.05M
Capital expenditures 0.71M 1.79M 0.01M 0.00M 0.14M
Change in working capital 0.02M -0.07M 0.43M -0.08M -0.13M
Stock based compensation - - 0.00M 0.00M 0.43M
Other non cash items 0.06M 0.05M -0.04M -0.22M 0.08M
Free cash flow 0.24M -1.67M -0.94M -1.98M -1.52M

Peer Comparison*

Sector: Basic Materials Industry: Gold

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
ARQ
Argo Gold Inc
-
-%
0.08 - - 3.55 4.58 3.98 15.08
AGC
Avanti Gold Corp. (formerly was VALU/Valorem Resources Inc. until 2023-04-20)
-
-%
0.35 - - - 9.15 - -5.15
AMQ
Abitibi Metals Corp.
-0.02
3.33%
0.58 - - - 3.05 - -
NOM
Norsemont Mining Inc
-0.03
4.00%
0.72 - - 601.02 4.53 136.92 -2.32
SANU
Sanu Gold Corp.
-
-%
0.20 - - - 4.76 - -4.57

Profile*

Argo Gold Inc

Argo Gold Inc. engages in the acquisition, exploration, development, and production of mineral properties in Canada. It primarily explores for gold, silver, nickel, copper, platinum group metals, cobalt, lead, zinc, and uranium deposits. The company was formerly known as Arbitrage Exploration Inc. and changed its name to Argo Gold Inc. in September 2016. Argo Gold Inc. was incorporated in 1995 and is based in Toronto, Canada.

25 Adelaide Street East, Toronto, ON, Canada, M5C 3A1

416 786 7860

Name Title Year Born
Ms. Judith E. Baker BSC, MBA CEO & Director 1966
Ms. Vivian Austin Controller & Secretary NA
Dr. Charles Hodgson Geo. Research Exploration Geologist 1936
Mr. Pedro Villagran-Garcia MBA Vice President NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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