Argo Gold Posts Solid December Cash Flow from Modest Oil Output

Argo Gold ( (TSE:ARQ) ) has provided an update.

Argo Gold reported December 2025 oil production of 2,076 barrels, averaging 67 barrels per day across its Lindbergh and Lloyd properties, generating oil revenue of $112,655 and net operating cash flow of $68,646 at average prices of CAD$54 per barrel. The detailed well-level performance, with meaningful contributions from multiple Lindbergh interests and the Lloyd asset, underscores the company’s growing cash-generating capacity from its oil operations alongside its mineral exploration business, which may support ongoing development and operational funding.

Title: Argo Gold Posts Solid December Cash Flow from Modest Oil Output

The most recent analyst rating on (TSE:ARQ) stock is a Hold with a C$0.11 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.

The score is driven primarily by mixed financial performance—positive cash flow and moderate leverage are offset by declining revenue and a return to a small loss—while technicals are strong with price well above moving averages and a positive MACD. Valuation is a key drag due to a negative P/E and no dividend yield.

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 operates as a small-scale oil producer. The company is listed on the Canadian Securities Exchange under the symbol ARQ and trades over-the-counter and on several European exchanges, reflecting a diversified market presence for its resource-focused assets.

Average Trading Volume: 78,555

Technical Sentiment Signal: Buy

Current Market Cap: C$7.98M

Learn more about ARQ stock on TipRanks’ Stock Analysis page.