Argo Gold, Inc.

  • Market Cap: Micro Cap
  • Industry: Gems, Jewellery And Watches
  • ISIN: CA04016J1021
CAD
0.09
-0.01 (-14.29%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Argo Gold, Inc.
1911 Gold Corp.
Awale Resources Ltd.
McFarlane Lake Mining Ltd.
Sun Summit Minerals Corp.
T2 Metals Corp.
Golden Lake Exploration, Inc.
Riley Gold Corp.
Visible Gold Mines, Inc.
Silver Valley Metals Corp.
Badlands Resources, Inc.

Why is Argo Gold, Inc. ?

1
The company has declared Positive results for the last 6 consecutive quarters
  • NET SALES(HY) At CAD 1.22 MM has Grown at 144.26%
  • PRE-TAX PROFIT(Q) At CAD 0.23 has Grown at 3,416.5%
  • NET PROFIT(Q) At CAD 0.23 MM has Grown at 3,416.5%
2
With ROE of 43.63%, it has a attractive valuation with a 4.65 Price to Book Value
  • Over the past year, while the stock has generated a return of -26.67%, its profits have risen by 117% ; the PEG ratio of the company is 0
3
Consistent Underperformance against the benchmark over the last 3 years
  • Along with generating -26.67% returns in the last 1 year, the stock has also underperformed S&P/TSX 60 in each of the last 3 annual periods
stock-recommendationReal-Time Research Report

Verdict Report

How much should you sell?

  1. All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Gems, Jewellery And Watches)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Argo Gold, Inc. for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
Argo Gold, Inc.
5.88%
-0.25
105.40%
S&P/TSX 60
23.72%
1.43
14.72%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
23.22%
EBIT Growth (5y)
15.62%
EBIT to Interest (avg)
-0.70
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0.48
Sales to Capital Employed (avg)
0.64
Tax Ratio
0
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
9.40%
ROE (avg)
9.40%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
5.38
EV to EBIT
8.44
EV to EBITDA
8.44
EV to Capital Employed
3.76
EV to Sales
4.60
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
5.08%
ROE (Latest)
-6.44%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Bearish
Dow Theory
No Trend
No Trend
OBV
No Trend
Mildly Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

2What is working for the Company
OPERATING CASH FLOW(Y)

Highest at CAD 0.75 MM

-26What is not working for the Company
NET SALES(HY)

At CAD 0.76 MM has Grown at -37.85%

INTEREST(HY)

At CAD 0.07 MM has Grown at 42.31%

PRE-TAX PROFIT(Q)

At CAD 0.06 MM has Fallen at -72.06%

NET PROFIT(Q)

At CAD 0.06 MM has Fallen at -72.06%

RAW MATERIAL COST(Y)

Grown by 18.49% (YoY

Here's what is working for Argo Gold, Inc.

Operating Cash Flow
Highest at CAD 0.75 MM
in the last three years
MOJO Watch
The company has generated higher cash revenues from business operations

Operating Cash Flows (CAD MM)

Here's what is not working for Argo Gold, Inc.

Pre-Tax Profit
At CAD 0.06 MM has Fallen at -72.06%
Year on Year (YoY)
MOJO Watch
Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (CAD MM)

Net Profit
At CAD 0.06 MM has Fallen at -72.06%
Year on Year (YoY)
MOJO Watch
Near term Net Profit trend is very negative

Net Profit (CAD MM)

Net Sales
At CAD 0.76 MM has Grown at -37.85%
Year on Year (YoY)
MOJO Watch
Near term sales trend is very negative

Net Sales (CAD MM)

Interest
At CAD 0.07 MM has Grown at 42.31%
over previous Semi-Annual period
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CAD MM)

Raw Material Cost
Grown by 18.49% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin

Raw Material Cost as a percentage of Sales