tiprankstipranks
Trending News
More News >
Argo Gold (TSE:ARQ)
:ARQ
Advertisement

Argo Gold (ARQ) AI Stock Analysis

Compare
3 Followers

Top Page

TSE:ARQ

Argo Gold

(ARQ)

Rating:64Neutral
Price Target:
C$0.00
▼(-100.00%Downside)
Argo Gold's overall stock score is driven primarily by positive financial performance and recent corporate events, indicating potential growth. However, bearish technical indicators and valuation concerns moderate the overall score.

Argo Gold (ARQ) vs. iShares MSCI Canada ETF (EWC)

Argo Gold Business Overview & Revenue Model

Company DescriptionArgo Gold (ARQ) is a Canadian-based mineral exploration and development company primarily focused on the exploration and development of gold properties in Ontario, Canada. The company's core operations involve identifying, acquiring, and advancing high-potential gold projects, leveraging their technical expertise and strategic partnerships to maximize resource potential and shareholder value.
How the Company Makes MoneyArgo Gold generates revenue primarily through the exploration and development of its gold properties. The company seeks to increase the value of its projects by advancing them through various stages of exploration and development, ultimately aiming to sell or partner with larger mining companies for further development and production. Revenue streams include proceeds from the sale of mineral properties or shares, joint venture agreements, and potential future earnings from any production activities. Key partnerships with other mining companies or investors may provide additional financial resources and operational expertise, supporting Argo Gold's exploration and development activities.

Argo Gold Financial Statement Overview

Summary
Argo Gold has shown significant improvement in financial performance, with strong revenue growth and enhanced profitability. The income statement is particularly strong with impressive growth rates and margins. However, past financial challenges and increased liabilities pose potential risks.
Income Statement
75
Positive
Argo Gold's income statement shows a significant improvement in revenue and profitability over the years. The gross profit margin for 2024 is healthy at 55.5%, and the net profit margin is 19.5%, indicating effective cost management. The revenue growth rate from 2023 to 2024 is an impressive 135.3%, showing strong growth trajectory. EBIT and EBITDA margins are also strong at 26.8% and 42.4%, respectively, highlighting operational efficiency. However, the company has faced challenges in previous years with negative earnings, which might pose risks if similar trends reappear.
Balance Sheet
60
Neutral
The balance sheet of Argo Gold shows a moderate financial position with a debt-to-equity ratio of 0.75, indicating a manageable level of leverage. The return on equity stands at 29.7% for 2024, showcasing effective utilization of equity to generate income. The equity ratio is 44.7%, reflecting a stable financial structure. However, the substantial increase in liabilities over the years could potentially increase financial risk if not controlled.
Cash Flow
70
Positive
Argo Gold's cash flow statement reflects a positive trend in free cash flow growth, moving from a negative free cash flow in 2023 to a positive one in 2024. The operating cash flow to net income ratio is 2.18, indicating strong cash generation relative to net income. Similarly, the free cash flow to net income ratio is 0.54. Despite the improvements, the historical cash flow volatility should be monitored to ensure sustainable cash generation.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue2.24M952.69K0.000.000.00
Gross Profit1.24M662.99K-3.36K-2.14K-1.14K
EBITDA949.88K-29.97K-1.05M-1.40M-1.61M
Net Income437.08K-280.00K-1.45M-2.18M-206.55K
Balance Sheet
Total Assets3.30M2.78M1.09M2.14M4.30M
Cash, Cash Equivalents and Short-Term Investments289.92K74.89K85.37K1.15M3.31M
Total Debt1.11M1.11M0.000.000.00
Total Liabilities1.83M1.83M478.43K79.16K345.10K
Stockholders Equity1.47M949.13K613.73K2.06M3.96M
Cash Flow
Free Cash Flow238.17K-1.67M-815.06K-1.98M-1.52M
Operating Cash Flow952.43K122.01K-807.70K-1.98M-1.39M
Investing Cash Flow-714.26K-1.73M-6.92K673.68K311.89K
Financing Cash Flow-23.14K1.68M0.00322.00K2.76M

Argo Gold Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.06
Price Trends
50DMA
0.08
Negative
100DMA
0.08
Negative
200DMA
0.08
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
30.60
Neutral
STOCH
-100.00
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ARQ, the sentiment is Negative. The current price of 0.06 is below the 20-day moving average (MA) of 0.07, below the 50-day MA of 0.08, and below the 200-day MA of 0.08, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 30.60 is Neutral, neither overbought nor oversold. The STOCH value of -100.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ARQ.

Argo Gold Peers Comparison

Overall Rating
UnderperformOutperform
Sector (44)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
64
Neutral
C$4.76M9.0340.64%58.36%
51
Neutral
$8.15M-3.77%92.48%
48
Neutral
C$3.74M-52.82%22.73%
44
Neutral
C$848.76M-6.71-16.27%2.80%16.46%-27.75%
39
Underperform
C$10.26M-6.14%20.83%
28
Underperform
$21.25M-97.97%34.69%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:ARQ
Argo Gold
0.06
-0.02
-25.00%
TSE:CANX
CANEX Metals
0.07
0.02
40.00%
TSE:RISE
Rise Gold
0.23
0.05
27.78%
TSE:OPW
Opawica Explorations
0.10
-0.02
-16.67%
TSE:BTU
BTU Metals Corp
0.05
0.02
78.57%

Argo Gold Corporate Events

Business Operations and StrategyFinancial Disclosures
Argo Gold Reports March 2025 Oil Production and Revenue
Positive
May 12, 2025

Argo Gold reported its March 2025 oil production at 3,249 barrels, averaging 105 barrels per day, with a revenue of $211,595 and a net operating cash flow of $112,770. This production performance reflects Argo’s strategic interests in various projects, contributing to its financial health and operational stability, despite the recent tax payment on its 2024 oil production.

Business Operations and StrategyFinancial Disclosures
Argo Gold Releases Year-End 2024 Oil Reserves Report
Positive
May 8, 2025

Argo Gold Inc. has released its Year-End 2024 Oil Reserves Report, which was evaluated by Petrotech and Associates. The report highlights Argo’s interests in five producing oil wells and five undeveloped well locations in Alberta. The total proved and probable reserves amount to 2,170.3 Mbbl of heavy crude oil, with a net present value of up to $24 million. This report underscores Argo’s ongoing commitment to its oil production operations and provides stakeholders with a detailed view of its current and future potential in the oil sector.

Business Operations and StrategyFinancial Disclosures
Argo Gold Reports February 2025 Oil Production Results
Positive
May 6, 2025

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.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 25, 2025