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AR

Argonaut Gold TSX:AR Stock Report

Last Price

CA$0.58

Market Cap

CA$193.1m

7D

-35.6%

1Y

-80.4%

Updated

26 Jun, 2022

Data

Company Financials +
AR fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance1/6
Financial Health4/6
Dividends0/6

AR Stock Overview

Argonaut Gold Inc. is a Canadian company engaged in gold mining, mine development, and mineral exploration activities at gold-bearing mineral properties in North America.

Argonaut Gold Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Argonaut Gold
Historical stock prices
Current Share PriceCA$0.58
52 Week HighCA$4.09
52 Week LowCA$0.43
Beta1.11
1 Month Change-54.33%
3 Month Change-76.52%
1 Year Change-80.41%
3 Year Change-67.42%
5 Year Change-75.53%
Change since IPO-83.43%

Recent News & Updates

Shareholder Returns

ARCA Metals and MiningCA Market
7D-35.6%-4.9%0.3%
1Y-80.4%-12.7%-4.0%

Return vs Industry: AR underperformed the Canadian Metals and Mining industry which returned -12.6% over the past year.

Return vs Market: AR underperformed the Canadian Market which returned -4.1% over the past year.

Price Volatility

Is AR's price volatile compared to industry and market?
AR volatility
AR Average Weekly Movement16.4%
Metals and Mining Industry Average Movement10.9%
Market Average Movement10.0%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market4.4%

Stable Share Price: AR is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 16% a week.

Volatility Over Time: AR's weekly volatility has increased from 11% to 16% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007n/aLarry Radfordhttps://www.argonautgold.com

Argonaut Gold Inc. is a Canadian company engaged in gold mining, mine development, and mineral exploration activities at gold-bearing mineral properties in North America. Its primary assets include the El Castillo and San Agustin mines, which together form the El Castillo Complex located in Durango, Mexico; the La Colorada mine located in Sonora, Mexico; the Florida Canyon mine in Nevada, the United States; and the Cerro del Gallo project in Guanajuato, Mexico. The advanced exploration projects of the company include the San Antonio project in Baja California Sur, Mexico, the Cerro del Gallo project in the State of Guanajuato, Mexico, the Ana Paula project in the State of Guerrero, Mexico, and the Magino project in the Province of Ontario, Canada.

Argonaut Gold Fundamentals Summary

How do Argonaut Gold's earnings and revenue compare to its market cap?
AR fundamental statistics
Market CapUS$149.45m
Earnings (TTM)US$5.14m
Revenue (TTM)US$437.45m

29.1x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AR income statement (TTM)
RevenueUS$437.45m
Cost of RevenueUS$257.53m
Gross ProfitUS$179.92m
Other ExpensesUS$174.78m
EarningsUS$5.14m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.015
Gross Margin41.13%
Net Profit Margin1.18%
Debt/Equity Ratio15.6%

How did AR perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is AR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AR?

Other financial metrics that can be useful for relative valuation.

AR key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.4x
Enterprise Value/EBITDA1.4x
PEG Ratio0.2x

Price to Earnings Ratio vs Peers

How does AR's PE Ratio compare to its peers?

AR PE Ratio vs Peers
The above table shows the PE ratio for AR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average43.3x

Price-To-Earnings vs Peers: AR is good value based on its Price-To-Earnings Ratio (29.1x) compared to the peer average (43.3x).


Price to Earnings Ratio vs Industry

How does AR's PE Ratio compare vs other companies in the Canadian Metals and Mining Industry?

Price-To-Earnings vs Industry: AR is expensive based on its Price-To-Earnings Ratio (29.1x) compared to the Canadian Metals and Mining industry average (11x)


Price to Earnings Ratio vs Fair Ratio

What is AR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio29.1x
Fair PE Ratio174.7x

Price-To-Earnings vs Fair Ratio: AR is good value based on its Price-To-Earnings Ratio (29.1x) compared to the estimated Fair Price-To-Earnings Ratio (174.7x).


Share Price vs Fair Value

What is the Fair Price of AR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AR (CA$0.58) is trading below our estimate of fair value (CA$9.65)

Significantly Below Fair Value: AR is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: AR is good value based on its PEG Ratio (0.2x)


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Future Growth

How is Argonaut Gold forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


134.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AR's forecast earnings growth (134% per year) is above the savings rate (1.6%).

Earnings vs Market: AR's earnings (134% per year) are forecast to grow faster than the Canadian market (8.3% per year).

High Growth Earnings: AR's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AR's revenue (19.5% per year) is forecast to grow faster than the Canadian market (7.3% per year).

High Growth Revenue: AR's revenue (19.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if AR's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has Argonaut Gold performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-0.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AR has a high level of non-cash earnings.

Growing Profit Margin: AR's current net profit margins (1.2%) are lower than last year (14.2%).


Past Earnings Growth Analysis

Earnings Trend: AR has become profitable over the past 5 years, growing earnings by -0.7% per year.

Accelerating Growth: AR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: AR had negative earnings growth (-89.9%) over the past year, making it difficult to compare to the Metals and Mining industry average (-5.8%).


Return on Equity

High ROE: AR's Return on Equity (0.6%) is considered low.


Discover strong past performing companies

Financial Health

How is Argonaut Gold's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: AR's short term assets ($308.9M) exceed its short term liabilities ($168.3M).

Long Term Liabilities: AR's short term assets ($308.9M) exceed its long term liabilities ($282.0M).


Debt to Equity History and Analysis

Debt Level: AR has more cash than its total debt.

Reducing Debt: AR's debt to equity ratio has increased from 0.01% to 15.6% over the past 5 years.

Debt Coverage: AR's debt is well covered by operating cash flow (78.9%).

Interest Coverage: Insufficient data to determine if AR's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Dividend

What is Argonaut Gold current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate AR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AR's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as AR has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

4.4yrs

Average management tenure


CEO

Larry Radford (60 yo)

0.25

Tenure

Mr. Lawrence P. Radford, also known as Larry, serves as President, Chief Executive Officer and Director at Argonaut Gold Inc. since March 21, 2022. He served as Chief Operating Officer of Gold Standard Ven...


Leadership Team

Experienced Management: AR's management team is considered experienced (4.4 years average tenure).


Board Members

Experienced Board: AR's board of directors are considered experienced (6.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: AR insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.3%.


Top Shareholders

Company Information

Argonaut Gold Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Argonaut Gold Inc.
  • Ticker: AR
  • Exchange: TSX
  • Founded: 2007
  • Industry: Gold
  • Sector: Materials
  • Implied Market Cap: CA$193.051m
  • Shares outstanding: 332.85m
  • Website: https://www.argonautgold.com

Number of Employees


Location

  • Argonaut Gold Inc.
  • 9600 Prototype Court
  • Reno
  • Nevada
  • 89521
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.