tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Argo Gold Posts Positive Cash Flow From October Oil Production

Story Highlights
  • Argo Gold is a Canadian mineral explorer and oil producer listed on multiple exchanges.
  • In October 2025, Argo Gold produced 1,800 barrels of oil, generating $107,021 in revenue and $57,435 in net operating cash flow.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Argo Gold Posts Positive Cash Flow From October Oil Production

Claim 70% Off TipRanks This Holiday Season

An announcement from Argo Gold ( (TSE:ARQ) ) is now available.

Argo Gold Inc. reported October 2025 oil production of 1,800 barrels, averaging 58 barrels per day across its interests in the Lindbergh and Lloyd fields. With an average realized oil price of CAD$59 per barrel, the company generated oil revenue of $107,021 and net operating cash flow of $57,435 for the month, underscoring a modest but positive cash-generating contribution from its oil operations alongside its core mineral exploration business.

The most recent analyst rating on (TSE:ARQ) stock is a Hold with a C$0.06 price target. To see the full list of analyst forecasts on Argo Gold stock, see the TSE:ARQ Stock Forecast page.

Spark’s Take on TSE:ARQ Stock

According to Spark, TipRanks’ AI Analyst, TSE:ARQ is a Neutral.

Argo Gold’s overall stock score is primarily influenced by its financial performance, which shows potential for growth despite past challenges. However, technical analysis indicates bearish trends, and the valuation is weak due to a negative P/E ratio and lack of dividend yield. These factors collectively result in a moderate overall score.

To see Spark’s full report on TSE:ARQ stock, click here.

More about Argo Gold

Argo Gold Inc. is a Canadian mineral exploration and development company that also produces oil. The company is listed on the Canadian Securities Exchange and trades over-the-counter in the U.S. and on several European exchanges, reflecting a diversified investor base across multiple markets.

Average Trading Volume: 36,479

Technical Sentiment Signal: Sell

Current Market Cap: C$3.99M

See more insights into ARQ stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1