TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Argo Gold ( (TSE:ARQ) ) has issued an announcement.
In February 2025, Argo Gold Inc. reported an oil production of 2,975 barrels, averaging 106 barrels per day, with oil prices at CDN$73 per barrel. The company generated a total oil revenue of $218,586 and a net operating cash flow of $131,564. This production performance reflects Argo’s ongoing operations in the oil sector, contributing to its financial stability and market presence.
Spark’s Take on TSE:ARQ Stock
According to Spark, TipRanks’ AI Analyst, TSE:ARQ is a Neutral.
Argo Gold’s overall stock score indicates moderate potential. The company’s financial performance shows improvement but is tempered by historical volatility and cash flow challenges. Technical analysis points to positive momentum, though caution is warranted due to approaching overbought signals. Valuation is reasonable, and the recent expansion in the Rottenstone Belt provides a strategic advantage. Investors should weigh the growth prospects against the financial risks.
To see Spark’s full report on TSE:ARQ stock, click here.
More about Argo Gold
Argo Gold is a Canadian mineral exploration and development company that also engages in oil production. It is listed on the Canadian Securities Exchange and other international markets.
Average Trading Volume: 34,662
Technical Sentiment Signal: Hold
Current Market Cap: C$5.5M
For a thorough assessment of ARQ stock, go to TipRanks’ Stock Analysis page.