AR:TSX-Argonaut Gold Inc (CAD)

COMMON STOCK | Gold | TSX

Last Closing Price

CAD 0.41

Change

-0.01 (-1.20)%

Market Cap

CAD 0.35B

Volume

3.23M

Avg Analyst Target

CAD 1.13 (+176.42%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

AR Stock Forecast & Price:
Based on the Argonaut Gold Inc stock forecasts from 3 analysts, the average analyst target price for Argonaut Gold Inc is CAD 1.13 over the next 12 months. Argonaut Gold Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Argonaut Gold Inc is Slightly Bearish, which is based on 5 positive signals and 7 negative signals. At the last closing, Argonaut Gold Inc’s stock price was CAD 0.41. Argonaut Gold Inc’s stock price has changed by +1.23% over the past week, +10.81% over the past month and -87.61% over the last year.

About Argonaut Gold Inc (AR:CA:TSX)

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 ...Read More

Company Website : https://www.argonautgold.com

Address : 9600 Prototype Court, Reno, NV, United States, 89521

Fiscal Year End : December

Currency: CAD

Country : Canada

Technical Indicators

Beta : 1.60

52 Week High : 3.42

Short Ratio : 4.10

52 Week Low : 0.33

Shorted Shares : 11,602,842

200 Day Moving Average : 1.11

Shorted Shares Previous Month : 5,151,124

50 Day Moving Average : 0.40

Shares Held By Insiders : 0.15%

Short Percentage : 4.92%

Shares Held by Institutions : 46.99%

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-12-02 )

Largest Industry Peers for Gold

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
NGT:CA Newmont Goldcorp Corp

+0.28 (+0.43%)

 CAD49.37B 37.70 15.56
ABX:CA Barrick Gold Corp

-0.15 (-0.65%)

 CAD40.97B 15.88 5.88
FNV:CA Franco-Nevada Corporation

-1.89 (-0.96%)

 CAD37.91B 37.04 29.72
AEM:CA Agnico Eagle Mines Limited

-0.36 (-0.51%)

 CAD31.78B 36.31 14.94
WPM:CA Wheaton Precious Metals Corp

-0.53 (-0.98%)

 CAD24.36B 22.83 21.12
NCM:CA Newcrest Mining Ltd

+0.30 (+1.57%)

 CAD16.86B 14.60 8.40
KL:CA Kirkland Lake Gold Ltd

N/A

 CAD13.11B 11.76 7.12
EDV:CA Endeavour Mining Corp

+0.06 (+0.20%)

 CAD7.22B 77.24 6.25
YRI:CA Yamana Gold Inc

+0.01 (+0.13%)

 CAD7.04B 20.36 7.66
K:CA Kinross Gold Corp

-0.05 (-0.85%)

 CAD7.03B 16.09 6.93

ETFs Containing AR:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Gold)		 Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -82.92% 6% F 1% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -82.92% 6% F 1% F
Trailing 12 Months  
Capital Gain -87.46% 6% F 1% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -87.46% 6% F 1% F
Trailing 5 Years  
Capital Gain -82.40% 7% F 4% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -82.40% 7% F 4% F
Average Annual (5 Year Horizon)  
Capital Gain 1.02% 25% F 45% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 1.02% 30% F 38% F
Risk Return Profile  
Volatility (Standard Deviation) 46.86% 44% F 18% F
Risk Adjusted Return 2.18% 24% F 31% F
Market Capitalization 0.35B 47% F 57% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Gold)		 Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 41.50 26% F 11% F
Price/Book Ratio 0.26 97% A+ 98% A+
Price / Cash Flow Ratio 2.66 52% F 62% D-
EV/EBITDA 9.31 26% F 32% F
Management Effectiveness  
Return on Equity -1.58% 45% F 31% F
Return on Invested Capital 1.63% 55% F 42% F
Return on Assets -1.05% 48% F 27% F
Debt to Equity Ratio 16.37% 50% F 78% C+
Technical Ratios  
Dividend Yield N/A N/A N/A N/A N/A
Short Ratio 4.10 41% F 40% F
Short Percent 4.92% 2% F 19% F
Beta 1.60 11% F 18% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

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User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment
Stock Target Advisor

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.