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Argo Gold ( (TSE:ARQ) ) has issued an announcement.
In January 2025, Argo Gold Inc. reported oil production totaling 3,541 barrels, averaging 114 barrels per day, with oil prices at CDN$77.65 per barrel. The company generated $274,990 in oil revenue and a net operating cash flow of $186,454. These figures reflect Argo’s ongoing operations in its Lindbergh and Lloyd projects, with varying interests contributing to its production and financial outcomes. The announcement highlights Argo’s steady production capabilities and its impact on the company’s financial performance.
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.
YTD Price Performance: 6.25%
Average Trading Volume: 48,137
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$6.23M
For a thorough assessment of ARQ stock, go to TipRanks’ Stock Analysis page.