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Argo Gold Reports Increased Oil Production for December 2024 and January 2025

Story Highlights

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

Argo Gold reported a total oil production of 3,321 barrels for December 2024, with an average of 107 barrels per day. The company’s oil revenue for December was $238,223, and it achieved a net operating cash flow of $154,781. In January, oil production increased to approximately 3,554 barrels, averaging 115 barrels per day, indicating a positive trend in production and revenue generation.

More about Argo Gold

Argo Gold is a Canadian company specializing in mineral exploration, development, and oil production. It is listed on the Canadian Securities Exchange and other international markets.

YTD Price Performance: 0.0%

Average Trading Volume: 47,719

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$6.6M

Find detailed analytics on ARQ stock on TipRanks’ Stock Analysis page.

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