Argonaut Gold (TSE:AR)

Argonaut Gold (TSE:AR) Company Profile

Symbol(s): TSE:AR, NYSE:ALO
Industry: Gold Mining
Website: aliogold.com
eMail: info@aliogold.com

Argonaut Gold (TSE:AR) is a Canadian Gold mining company. It’s a mid-tier producer mainly focused on exploration and development of mineral properties in Mexico, USA and Mexico. The company has multiple properties including San Francisco (Sonora, Mexico), Florida Canyon (Nevada, USA), Lincoln Hill (Nevada, USA), Ana Paula (Mexico), Aurea Norte (Mexico), Aurea Sur (Mexico), Cocula (Guadalajara, Jalisco, Mexico), El Capomo (Puerto Vallarta, Mexico), El Picacho (Mexico), Tim Claims (Concepcion Del Oro, Mexico), Trincheras and Patricia (Sonora, Mexico), Garden Gate Pass (Nevada, USA), Independence Hill (Nevada, USA), Jessup (Reno, Nv, USA), Patty (Eureka Co, Nv, USA) and Wilco (Reno, Nv, USA).

Argonaut Gold (TSE:AR) has about 5.5 million ounces of gold reserves & resources. The company’s resources are currently being valued at US$103.845 per gold equivalent ounce. The company currently produces 120000 ounces of gold per year with the all-in sustaining costs of US$1300 per ounce.

Argonaut Gold has US$24 million cash and US$9 million debt. The company has 289.94 million shares outstanding and as of September 01, 2020, had a market capitalization of US$586.15 million. The stocks of Argonaut Gold trade on the Toronto Stock Exchange and the New York Stock Exchange.