Argonaut Gold Inc. engages in the exploration, mine development, and production activities in North America.
Excellent balance sheet with reasonable growth potential.
Share Price & News
How has Argonaut Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AR's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: AR underperformed the Canadian Metals and Mining industry which returned -8.2% over the past year.
Return vs Market: AR underperformed the Canadian Market which returned -24.5% over the past year.
Price Volatility Vs. Market
How volatile is Argonaut Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StHow Should Investors React To Argonaut Gold Inc.'s (TSE:AR) CEO Pay?
1 month ago | Simply Wall StArgonaut Gold Inc. Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts
1 month ago | Simply Wall StImagine Owning Argonaut Gold (TSE:AR) And Wondering If The 31% Share Price Slide Is Justified
Is Argonaut Gold undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate AR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate AR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: AR is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: AR is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AR is good value based on its PB Ratio (0.2x) compared to the CA Metals and Mining industry average (1.2x).
How is Argonaut Gold forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.4%).
Earnings vs Market: AR is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: AR's is expected to become profitable in the next 3 years.
Revenue vs Market: AR's revenue (6.6% per year) is forecast to grow faster than the Canadian market (3.4% per year).
High Growth Revenue: AR's revenue (6.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AR's Return on Equity is forecast to be low in 3 years time (10.6%).
How has Argonaut Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AR is currently unprofitable.
Growing Profit Margin: AR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AR is unprofitable, but has reduced losses over the past 5 years at a rate of 30% per year.
Accelerating Growth: Unable to compare AR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (16.5%).
Return on Equity
High ROE: AR has a negative Return on Equity (-17.53%), as it is currently unprofitable.
How is Argonaut Gold's financial position?
Financial Position Analysis
Short Term Liabilities: AR's short term assets ($119.9M) exceed its short term liabilities ($41.0M).
Long Term Liabilities: AR's short term assets ($119.9M) exceed its long term liabilities ($34.7M).
Debt to Equity History and Analysis
Debt Level: AR's debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: AR's debt to equity ratio has increased from 0.6% to 1.9% over the past 5 years.
Inventory Level: AR has a high level of physical assets or inventory.
Debt Coverage by Assets: AR's debt is covered by short term assets (assets are 12x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable AR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 19% per year.
What is Argonaut Gold's current dividend yield, its reliability and sustainability?
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 payouts.
High Dividend: Unable to evaluate AR's dividend yield against the top 25% of dividend payers, as the company has not reported any 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.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AR's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Peter C. Dougherty, also known as Pete, is the President and Chief Executive Officer of Argonaut Gold Inc. and formerly served as the Vice-President of Finance and Chief Financial Officer of Meridian G ...
CEO Compensation Analysis
Compensation vs Market: Pete's total compensation ($USD1.49M) is above average for companies of similar size in the Canadian market ($USD158.50K).
Compensation vs Earnings: Pete's compensation has been consistent with company performance over the past year.
|CFO & Corporate Secretary||6.42yrs||US$826.83k||0.27% $469.8k|
|Vice President of Technical Services||7yrs||US$674.83k||0.22% $393.4k|
|Vice President of Investor Relations||4yrs||US$506.45k||0.059% $103.8k|
|Vice President of Exploration||2.25yrs||no data||0.019% $34.1k|
Experienced Management: AR's management team is seasoned and experienced (6.4 years average tenure).
|Independent Director||3.92yrs||US$122.50k||0.046% $81.2k|
|Independent Director||10.33yrs||US$125.25k||0.074% $131.2k|
|Independent Director||9.25yrs||US$125.50k||0.072% $127.7k|
|Independent Director||10.33yrs||US$130.50k||0.074% $131.2k|
|Independent Chairman of the Board||4.33yrs||US$233.00k||0.16% $274.2k|
|Independent Director||4yrs||US$122.50k||0.061% $108.5k|
Experienced Board: AR's board of directors are considered experienced (9.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Argonaut Gold Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Argonaut Gold Inc.
- Ticker: AR
- Exchange: TSX
- Industry: Gold
- Sector: Materials
- Market Cap: CA$176.410m
- Shares outstanding: 180.01m
- Website: https://www.argonautgold.com
Number of Employees
- Argonaut Gold Inc.
- 9600 Prototype Court
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AR||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Dec 2009|
|A8U||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Dec 2009|
|ARNG.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Dec 2009|
|0UIK||LSE (London Stock Exchange)||Yes||Common Shares||GB||CAD||Dec 2009|
Argonaut Gold Inc. engages in the exploration, mine development, and production activities in North America. The company primarily explores for gold and silver deposits. Its primary assets include the El Castillo mine located in the State of Durango, Mexico; and the San Agustin project located in the State of Durango, Mexico. The company is based in Reno, Nevada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/04 00:23|
|End of Day Share Price||2020/04/03 00:00|
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.