Argonaut Gold Inc (TSE:AR)

Argonaut Gold Inc (TSE:AR) Company Profile

Symbol(s): TSE:AR, OTCMKTS:ARNGF
Industry: Gold Mining
Website: www.argonautgoldinc.com
eMail: info@argonautgoldinc.com

Argonaut Gold Inc (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 and Canada. The company has multiple properties including El Castillo (Durando, Mexico), La Colorada (Hermosillo, Mexico), San Antonio (San Antonio, Mexico), Hercules (Thunder Bay, Ontario, Canada), Magino (Ontario, Canada), Milestone (Long Lac, Ontario, Canada), Caborca Copper (Caborca, Mexico), Cochis Gold (Hermosillo, Mexico), Daniel (Tajitos, Mexico), El Compa (Sahuaripa, Mexico), Glor (Caborca, Mexico), La Fortuna (Culiacan, Mexico), Llano Colorado (Sonora, Mexico), Manuel and Mel (Caborca, Mexico), Nopal (Magdelena Area, Mexico), Texson (Caborca, Mexico) and Valenzuela Silver Gold (Douglas, Mexico).

Argonaut Gold Inc (TSE:AR) has about 10 million ounces of gold reserves & resources. The company’s resources are currently being valued at US$53.724 per gold equivalent ounce. The company currently produces 120000 ounces of gold per year with the all-in sustaining costs of US$1150 per ounce.

Argonaut Gold Inc has US$50.41 million cash and US$1.5 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 Inc trade on the Toronto Stock Exchange and the Over-the-Counter Exchange.