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Argo Gold Inc. (C:ARQ)

Business Focus: Specialty Mining & Metals

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Insider Chart - Past 6 Months

Insider Filings

Latest 10 SEDI filings for ARQ within the last 6 months
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Company News

May 15, 2019 09:10 ET
Argo Gold Provides Exploration and Corporate Update
Toronto, Ontario--(Newsfile Corp. - May 15, 2019) - Argo Gold (CSE: ARQ) (the "Company" or "Argo Gold") is pleased to announce that plans are underway for a summer exploration programme at its Woco Property, primarily following up on results of recent drilling.
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Apr 04, 2019 12:33 ET
Argo Gold Drills 34.4 g/t Gold and 7.4 g/t Gold Both Over 0.5m at Its Woco Gold Project
Toronto, Ontario--(Newsfile Corp. - April 4, 2019) - Argo Gold Inc. (CSE: ARQ) (the "Company" or "Argo Gold") is pleased to announce the remaining drill results (10 holes) from its winter exploration drill program at the 100% owned Woco Gold Project, outside the Red Lake Gold District in Ontario, Canada. The Company targeted three distinct gold-bearing areas in the Birch-Uchi Greenstone Belt, with the 2,500-metre, 15-hole drill program. The full drill results of the program are provided in Table 1. The first five drill holes, AGW-19-001 to AGW-19-005 were previously released on March 22, 2019. The last 10 holes are comprised of two confirmation drill holes in the 1950s at the Northgate Zone, along with 8 step-out holes targeting the Woco structure, the Northgate Zone and the Uchi Brea. The objective of these holes was to confirm continuity down plunge, down dip, and on strike where the high-grade gold zones remain open. Highlights include:
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Valuation Ratios

Industry
Sector
Beta
-1.73
--
--
Price to Sales - TTM
--
3.77
6.65
Price to Book - most recent quarter
1.30
2.03
1.96
Price to Cash Flow per share - TTM
245.03
13.00
8.63
Price to Free Cash Flow per share - TTM
--
12.02
20.50
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
May 31, 20191380
Mar 31, 201950,00049,046
Mar 15, 2019954-172
See Short Report

Business Summary

Sector:  Basic Materials Industry:  Specialty Mining & Metals

Argo Gold Inc, formerly Arbitrage Exploration Inc, is a Canada-based development-stage company. The Company is in the process of exploring its mineral properties. The Company is seeking investment opportunities. The Company's properties include Hurdman Property and Mc Vicar Property. The Company's Hurdman Property consists of more than 10 contiguous mining claims, which covers approximately 2,940 hectares in Hurdman Township, over 119 kilometers north northwest of the City of Timmins, Ontario. The Company's Mc Vicar Property consists of approximately 140 claim units totaling over 2,300 hectares in the McVicar Lake area and Stoughton Lake area located approximately 90 kilometers west of Pickle Lake.

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