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Complete financial analysis of Argo Gold Inc. (ARBTF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Argo Gold Inc., a leading company in the Gold industry within the Basic Materials sector.
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Argo Gold Inc. (ARBTF)
About Argo Gold Inc.
Argo Gold Inc., a development stage company, focuses on the exploration and development of mineral properties in northwestern Ontario. The company explores for gold, silver, cobalt, and zinc deposits. Its flagship project is the 100% owned Uchi gold project covering 22 square kilometers located to the west of Uchi Lake in the Birch-Uchi Greenstone Belt, Ontario; and the 100% owned Talbot Lake gold project covering 760 hectares located in the Uchi geological sub-province. The company was formerly known as Arbitrage Exploration Inc. and changed its name to Argo Gold Inc. in September 2016. Argo Gold Inc. was incorporated in 1995 and is based in Toronto, Canada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 952.69K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 421.48K | 3.36K | 2.14K | 1.14K | 5.25K | 2.96K | 2.95K | 299.00 | 373.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 483.92K | 288.98K | 0.00 | 0.00 |
| Gross Profit | 531.22K | -3.36K | -2.14K | -1.14K | -5.25K | -2.96K | -2.95K | -299.00 | -373.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -483.92K | -288.98K | 0.00 | 0.00 |
| Gross Profit Ratio | 55.76% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | 233.55K | 116.97K | 79.73K | 37.26K | 122.52K | 112.14K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 214.01K | 548.22K | 619.69K | 1.13M | 672.52K | 555.16K | 533.47K | 294.47K | 165.73K | 92.57K | 200.30K | 181.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 150.93K | 686.42K | 116.97K | 79.73K | 31.25K | 65.67K | 38.07K | 15.73K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 364.95K | 1.23M | 619.69K | 1.13M | 703.77K | 620.83K | 571.54K | 294.47K | 165.73K | 92.57K | 200.30K | 181.00K | 158.30K | 0.00 | 0.00 | 0.00 | 287.91K | 235.82K | 595.96K | 134.07K | 168.55K | 448.33K | 466.00K |
| Other Expenses | 0.00 | 43.75K | 224.65K | 5.95K | 299.47K | 0.00 | 61.07K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 51.02K | 47.58K | 8.06K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 364.95K | 1.23M | 1.90M | 1.77M | 1.56M | 624.43K | 692.23K | 300.46K | 170.01K | 93.03K | 200.89K | 287.19K | 378.01K | 189.51K | 41.83K | 195.58K | 287.91K | 235.82K | 595.96K | 134.07K | 168.55K | 448.33K | 466.00K |
| Cost & Expenses | 786.43K | 1.24M | 1.90M | 1.77M | 1.56M | 627.39K | 692.23K | 300.46K | 170.01K | 93.03K | 200.89K | 287.19K | 378.01K | 189.51K | 41.83K | 195.58K | 287.91K | 235.82K | 595.96K | 617.98K | 457.53K | 448.33K | 466.00K |
| Interest Income | 1.30K | 0.00 | 5.00 | 38.00 | 40.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.00 | 10.00 | 0.00 | 58.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 137.49K | 1.79K | 1.77K | 1.16K | 398.00 | 0.00 | 0.00 | 4.63K | 3.47K | 0.00 | 5.16K | 0.00 | 0.00 | 0.00 | 0.00 | 22.43K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 112.55K | 3.36K | 2.14K | 1.14K | 5.25K | 2.96K | 2.95K | 299.00 | 373.00 | 466.00 | 583.00 | 729.00 | 794.00 | 0.00 | 0.00 | 30.49K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -29.97K | -988.26K | -1.40M | -1.61M | -1.60M | -901.69K | -628.21K | -262.05K | -169.64K | -92.57K | -200.30K | -286.46K | -377.22K | -189.51K | -41.83K | -187.52K | -287.91K | -235.82K | -595.96K | -617.98K | -457.53K | -448.33K | -466.00K |
| EBITDA Ratio | -3.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | 166.27K | -1.24M | -1.40M | -3.34M | -1.60M | -904.65K | -692.23K | -305.09K | -95.48K | -93.03K | 62.01K | -287.19K | -378.01K | -189.51K | -41.83K | -218.01K | -287.91K | -235.82K | -595.96K | -617.98K | -457.53K | -448.33K | -466.00K |
| Operating Income Ratio | 17.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | -446.27K | -396.19K | -440.65K | 1.40M | 375.53K | 251.00K | 17.11K | 0.00 | 0.00 | 0.00 | 0.00 | 3.00 | 10.00 | 51.02K | 47.58K | 8.06K | -322.49K | 37.43K | -325.34K | 0.00 | 0.00 | 0.00 | 324.35K |
| Income Before Tax | -280.00K | -1.44M | -2.18M | -206.55K | -1.23M | -350.13K | -675.13K | -305.09K | -95.48K | -93.03K | 62.01K | -287.19K | -378.00K | -138.49K | 5.75K | -209.95K | -610.40K | -198.39K | -921.30K | 0.00 | 0.00 | 0.00 | -141.65K |
| Income Before Tax Ratio | -29.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 0.00 | 2.40K | 500.29K | -1.56M | -37.85K | -277.26K | 61.07K | -1.06K | 3.47K | -13.58K | 5.16K | -72.75K | 72.75K | 0.00 | -58.00 | 0.00 | -256.57K | 0.00 | 155.20K | 637.71K | 464.24K | 487.02K | 29.32K |
| Net Income | -280.00K | -1.45M | -2.18M | -206.55K | -1.23M | -350.13K | -675.13K | -305.09K | -95.48K | -93.03K | 62.01K | -214.44K | -450.75K | -138.49K | 5.81K | -209.95K | -353.83K | -198.39K | -1.08M | -637.71K | -464.24K | -487.02K | -170.96K |
| Net Income Ratio | -29.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | 0.00 | -0.02 | -0.03 | 0.00 | -0.03 | -0.01 | -0.03 | -0.02 | -0.01 | -0.01 | 0.01 | -0.01 | -0.02 | -0.03 | 0.00 | -0.06 | -0.10 | -0.05 | -0.33 | -0.28 | -0.29 | -0.49 | -0.27 |
| EPS Diluted | 0.00 | -0.02 | -0.03 | 0.00 | -0.03 | -0.01 | -0.03 | -0.02 | -0.01 | -0.01 | 0.01 | -0.01 | -0.02 | -0.03 | 0.00 | -0.06 | -0.10 | -0.05 | -0.33 | -0.28 | -0.29 | -0.49 | -0.27 |
| Weighted Avg Shares Out | 72.35M | 65.99M | 63.08M | 51.29M | 37.41M | 30.31M | 26.25M | 14.72M | 12.30M | 11.13M | 7.37M | 23.62M | 23.62M | 5.21M | 3.91M | 3.63M | 3.63M | 3.63M | 3.25M | 2.32M | 1.59M | 985.44K | 644.07K |
| Weighted Avg Shares Out (Dil) | 72.34M | 65.99M | 63.08M | 51.29M | 37.41M | 30.31M | 26.25M | 14.72M | 12.30M | 11.13M | 7.37M | 23.62M | 23.62M | 5.21M | 3.91M | 3.63M | 3.63M | 3.63M | 3.25M | 2.32M | 1.59M | 985.44K | 644.07K |
Argo Acquires Saskatchewan Uranium Mineral Claims
Toronto, Ontario--(Newsfile Corp. - December 3, 2024) - Argo Gold Inc. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") has entered into two agreements to acquire additional mineral claims in Saskatchewan pursuant to...
Argo's September 2024 Oil Production and Update
Toronto, Ontario--(Newsfile Corp. - November 7, 2024) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") September 2024 oil production was a total of 3,565 barrels for the month, averaging...
Argo Oil Update
Toronto, Ontario--(Newsfile Corp. - September 17, 2024) - Argo Gold Inc. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") participated at its pro rata interest of 18.75% in a second horizontal oil well at Lloyd...
Argo's June 2024 Oil Production
Toronto, Ontario--(Newsfile Corp. - August 15, 2024) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") June 2024 oil production was a total of 3,214 barrels for the month, averaging 107.5 barrels per day.
Argo Acquires North Saskatchewan Mineral Claims
Toronto, Ontario--(Newsfile Corp. - August 7, 2024) - Argo Gold Inc. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") has entered into an agreement to acquire mineral claims in North Saskatchewan pursuant to which Argo...
Argo's May 2024 Oil Production
Toronto, Ontario--(Newsfile Corp. - July 10, 2024) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") May 2024 oil production was a total of 3,375 barrels for the month, averaging 109...
Argo Announces Normal Course Issuer Bid
Toronto, Ontario--(Newsfile Corp. - June 25, 2024) - Argo Gold Inc. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") announces that it intends to initiate a normal course issuer bid ("NCIB") to purchase for...
Argo's April 2024 Oil Production
Toronto, Ontario--(Newsfile Corp. - June 3, 2024) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") April 2024 oil production was a total of 2,842 barrels for the month, averaging 95 barrels...
Argo's Year-End 2023 Oil Reserves Report
Toronto, Ontario--(Newsfile Corp. - May 16, 2024) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") Year-End 2023 Reserves Report ("Reserves Report"), with an effective date of December 31, 2023, is summarized below.
Argo's March 2024 Oil Production
Toronto, Ontario--(Newsfile Corp. - May 7, 2024) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") March 2024 oil production was a total of 3,269 barrels for the month, averaging...
Source: https://incomestatements.info
Category: Stock Reports