Argo Gold First Quarter 2024 Earnings: EPS: CA$0.001 (vs CA$0.002 loss in 1Q 2023)

Simply Wall St

May 27, 2024

Argo Gold (CSE:ARQ) First Quarter 2024 Results

Key Financial Results

Revenue: CA$521.2k (up by CA$507.9k from 1Q 2023).
Net income: CA$44.9k (up from CA$141.6k loss in 1Q 2023).
Profit margin: 8.6% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue.
EPS: CA$0.001 (up from CA$0.002 loss in 1Q 2023).

earnings-and-revenue-history — CNSX:ARQ Earnings and Revenue History May 27th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Argo Gold shares are up 14% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Argo Gold has 5 warning signs (and 3 which don't sit too well with us) we think you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.