Sector: Basic Materials | Industry: Diversified Mining |
Company Contact | |
Address: | 25 Adelaide Street East, Suite 1400 TORONTO ON M5C 3A1 |
Tel: | 1-416-7867860 |
Website: | https://argogold.com |
IR: | See website |
Key People | ||
Judith C. Baker Chief Executive Officer, Director | Michael H. Farrant Chief Financial Officer | Pedro Villigran Garcia Vice President | David McDonald Controller |
Business Overview |
Argo Gold Inc. is a Canada-based mineral exploration and development company. The Company is also an oil producer. It is engaged in the acquisition, exploration, and development of mineral properties, and is acquiring potential oil and gas assets for exploration and production. Its projects include Uchi Gold Project, Northwestern Ontario Gold Projects, Zinc Silver Cobalt Projects, and Oil and Gas Projects in Alberta. The Uchi Gold Project (which includes the Woco Gold Prospect) is located west of Uchi Lake at the south end of a series of gold mines (Uchi Mine) on a north-south trend. It has 100% ownership in six high-grade gold exploration projects in the north and northwestern regions of Ontario. It has one high-grade zinc-silver project in northern Ontario, the Hurdman Property near Timmins. The Hurdman Zinc-Silver Project has about 433 claims over 6,929 acres. It has a cobalt project in northern Ontario at Keelow Lake. The Company is engaged in oil production in Lindbergh oil well. |
Financial Overview |
For the nine months ended 30 September 2023, Argo Gold Inc revenues increased from C$0K to C$521K. Net loss applicable to common stockholders decreased 85% to C$166K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects FV Adjustments of Financial Investments decrease from C$228K (expense) to C$0K. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $5.70M as of Sep 30, 2023 |
Annual revenue (TTM): | $0.52M as of Sep 30, 2023 |
EBITDA (TTM): | -$0.35M as of Sep 30, 2023 |
Net annual income (TTM): | -$0.50M as of Sep 30, 2023 |
Free cash flow (TTM): | -$0.73M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | $1.03M as of Sep 30, 2023 |
Shares outstanding: | 72,353,851 as of Dec 7, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |