Argonaut Gold Inc.
stock CA:AR (TORONTO)

Alternative ID: CA04016A1012

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Exchange: TORONTO
Sector: Utilities
Industry: Mining
Market Cap: Micro (133.81M)
Data in CAD

EPS: 0.08
Current PE: 289.60
BVPS: 3.56
Price/BVPS: 6.10
Dividend: 0.00 / 0.0%

Hist Grade: D (45.73)
YOY Grade: E (25.60)
Debt/FCF: -1.05
ROIC: -0.2%
PEG: 17.38
PEGY: 17.38

Value Price: 0.21
MOS Price: 0.11
MOS %: -99.0%
Graham Number: 2.45
Graham MOS %: -88.7%
IRT: 34.03

Market Price

21.72

0.71 3.4%

as of Mar 24 '23

52 Week Range:

0.33 34.66

Stock Analyzer Tutorials

General Info

type: video (mp4); length: 3:30

Demonstrates how to use Stock Analyzer, shows how to analyze a stock and explains in detail "General Info" section of the Stock Analyzer result page.

Financial Statements

type: video (mp4); length: 5:10

Explains information presented in the Financial Statements section of the S2O Stock Analyzer: financial statements charts, absolute values and growth rates.

Growth Grade and Financial Ratios

type: video (mp4); length: 5:09

Demonstrates how to use Growth Grade & Financial Ratios section; shows the difference between historical and year-over-year Growth Grade on the real life example.

Demonstrates how to use Value Price (intrinsic value) and the Graham Number, MOS (margin of safety) and IRT - Investment Recovery Time; explains 3 different projection models used to compute value price - pessimistic, moderate and optimistic.

Price Charts

type: video (mp4); length: 8:34

Demonstrates basic rules of how to read a candlestick chart, long and short term moving averages, stochastic, MACD and relative strength (RS) charts. Explains how bull or bear market condition is computed.

General Info

Exchange: TORONTO
Sector: Utilities
Industry: Mining
Market Cap: Micro (133.81M)
Inst. Ownership: 47.44%
Insider Ownership: 0.15%
Full Time Employees: 724

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 located in Durango, Mexico; the La Colorada mine located in Sonora, Mexico; the Florida Canyon mine in Nevada, the United States; and the Cerro del Gallo project in Guanajuato, Mexico. The advanced exploration projects of the company include the San Antonio project in Baja California Sur, Mexico, the Cerro del Gallo project in the State of Guanajuato, Mexico, the Ana Paula project in the State of Guerrero, Mexico, and the Magino project in the Province of Ontario, Canada. The Company also holds several other exploration stage projects, all of which are located in North America. Argonaut Gold Inc. was founded in 2007 and is headquartered in Reno, Nevada.

Financial Statements

The charts below show selected Annual and Quarterly Financial Data.

The purpose of these charts is to discover long and short term change dynamics. When numbers are growing year after year in the annual statements chart, the business become stronger and stronger and this is a good sign.

Quarterly Data Chart can be used to do a short term analysis. It makes sense to pay attention to the quarterly dynamics and do not wait for the next yearly statement. We should be alerted if we see that quarterly numbers are going down.

You can check "Annual Financial Statements" and "Quarterly Financial Statements" sections for exact numbers and growth rates.

Annual Statements

On a charts below the Line shows absolute values and the Bar chart shows Year-Over-Year Growth Rate for selected financial statement item. A consistent GROWTH is generally considered necessary to fund future growth from within a business.
NOTE: Growth Rate is not provided if either the latest period or the year-ago period contains a net loss. (source: WSJ Digest of Earnings)
TIP! move your mouse pointer over bar or a circle on any chart below to see details.

Financial Statements

Income Statement

Cash Flow Statement

Balance Sheet

Liquidity Ratios

Current Ratio

Current Ratio measures the ability to meet short term obligations. Generally accepted standard is 2 (current assets should be 2 times or 200% of current liabilities).

Quick Ratio

Measures immediate liquidity or the cash available to cover immediate liabilities. A safe margin would be at least 1 (100%).

Financial Leverage

Defined as total assets divided by total shareholders' equity. The higher the ratio, the more debt a company uses in its capital structure.

Profitability Ratios

ROA

Return on Assets (ROA) measures the income (profit) that is generated by the use of the assets of the business.

ROE

Return on Equity (ROE) is a measure of profitability that calculates how many dollars of profit a company generates with each dollar of shareholders equity. ROE is sometimes called "return on net worth."

ROIC

The Return on Invested Capital (ROIC) measure gives a sense of how well a company is using its money to generate returns. Some investors use this figure as a final evaluation to determine whether or not to invest in a company.

Annual Statements

Item Name	Dec '11	Dec '12	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21
Equity (BVPS)	3.40	5.44	5.70	6.11	6.52	4.79	4.46	4.88	4.61	3.15	3.56
growth rate		60.0%	4.8%	7.2%	6.7%	-26.5%	-6.9%	9.4%	-5.5%	-31.7%	13.0%
Earnings BIT	48.48	95.36	46.96	7.15	-187.89	19.40	18.25	-1.60	-109.17	74.03	26.92
growth rate		96.7%	-50.8%	-84.8%	-100.0%	100.0%	-5.9%	-100.0%	0.0%	100.0%	-63.6%
Avg.PE	24.15	14.04	74.63	-37.72	-37.72	88.89	17.25	22.82	22.82	22.82	22.82
growth rate		-41.9%	431.6%	-100.0%	0.0%	100.0%	-80.6%	32.3%	0.0%	0.0%	0.0%
ROA	9.24	10.38	1.10	-0.45	-27.30	0.73	3.67	-1.10	-14.31	1.71	2.28
growth rate		12.3%	-89.4%	-100.0%	0.0%	100.0%	402.7%	-100.0%	0.0%	100.0%	33.3%
ROE	11.45	11.44	1.22	-0.52	-30.56	0.79	4.01	-1.23	-16.33	2.18	3.31
growth rate		-0.1%	-89.3%	-100.0%	0.0%	100.0%	407.6%	-100.0%	0.0%	100.0%	51.8%
ROIC	11.16	11.45	1.19	-0.49	-30.26	0.78	3.94	-1.16	-15.92	2.10	2.89
growth rate		2.6%	-89.6%	-100.0%	0.0%	100.0%	405.1%	-100.0%	0.0%	100.0%	37.6%
Cur. Ratio	4.58	12.31	5.68	3.62	5.81	5.12	4.31	3.03	2.92	3.82	2.04
growth rate		168.8%	-53.9%	-36.3%	60.5%	-11.9%	-15.8%	-29.7%	-3.6%	30.8%	-46.6%
Quick Ratio	2.57	9.89	3.50	1.61	2.92	2.41	1.39	1.07	1.49	2.65	1.40
growth rate		284.8%	-64.6%	-54.0%	81.4%	-17.5%	-42.3%	-23.0%	39.3%	77.9%	-47.2%
Leverage	1.17	1.07	1.14	1.15	1.07	1.09	1.09	1.14	1.14	1.36	1.53
growth rate		-8.6%	6.5%	0.9%	-7.0%	1.9%	0.0%	4.6%	0.0%	19.3%	12.5%
Balance Sheet	Dec '11	Dec '12	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21
Acct.Receivable	0.00	0.00	0.00	23.60	13.43	13.67	19.45	23.65	22.34	28.03	32.02
growth rate					-43.1%	1.8%	42.3%	21.6%	-5.5%	25.5%	14.2%
Acct.Payable				14.36	9.74	12.16	14.35	22.45	24.42	30.18	62.84
growth rate					-32.1%	24.8%	18.1%	56.4%	8.8%	23.6%	108.2%
Cur.Assets	81.65	281.66	202.24	168.20	118.08	118.53	104.22	110.76	119.93	360.42	346.33
growth rate		245.0%	-28.2%	-16.8%	-29.8%	0.4%	-12.1%	6.3%	8.3%	200.5%	-3.9%
Total Assets	421.10	973.16	1,051.36	906.60	578.27	609.90	689.86	694.52	606.63	1,053.41	1,269.33
growth rate		131.1%	8.0%	-13.8%	-36.2%	5.5%	13.1%	0.7%	-12.7%	73.7%	20.5%
Cash	38.93	212.84	90.47	51.45	45.88	42.10	14.06	15.38	38.79	214.19	199.24
growth rate		446.7%	-57.5%	-43.1%	-10.8%	-8.3%	-66.6%	9.4%	152.2%	452.2%	-7.0%
Inventory	33.35	49.97	68.16	83.62	54.54	61.17	68.91	68.69	55.89	69.84	101.51
growth rate		49.8%	36.4%	22.7%	-34.8%	12.2%	12.7%	-0.3%	-18.6%	25.0%	45.4%
Cur.Liabilities	17.85	22.87	35.58	46.51	20.32	23.15	24.19	36.51	41.02	94.41	169.82
growth rate		28.1%	55.6%	30.7%	-56.3%	13.9%	4.5%	50.9%	12.4%	130.1%	79.9%
Liabilities	62.69	66.82	131.29	120.26	37.85	52.65	57.41	85.49	75.71	281.23	437.70
growth rate		6.6%	96.5%	-8.4%	-68.5%	39.1%	9.0%	48.9%	-11.4%	271.5%	55.6%
LT Debt	0.00	0.00	9.04	2.95	0.92		8.00	13.00	10.00	58.31	136.11
growth rate				-67.4%	-68.9%		195.5%	62.5%	-23.1%	483.1%	133.4%
Equity	358.41	906.34	920.06	786.34	540.42	557.25	632.45	609.03	530.92	772.18	831.63
growth rate		152.9%	1.5%	-14.5%	-31.3%	3.1%	13.5%	-3.7%	-12.8%	45.4%	7.7%
Common Shares	93.00	96.00	150.00	154.00	155.00	159.00	174.00	786.20	789.43	1,002.45	1,031.83
growth rate		3.2%	56.3%	2.7%	0.7%	2.6%	9.4%	351.8%	0.4%	27.0%	2.9%
Cash Flow Statement	Dec '11	Dec '12	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21
Capital Expenditures	43.84	55.22	110.55	48.24	36.95	38.09	96.16	35.91	51.75	63.92	252.07
growth rate		26.0%	100.2%	-56.4%	-23.4%	3.1%	152.5%	-62.7%	44.1%	23.5%	294.4%
Cash Dividends	0.00	0.00
growth rate
Cash From OA	35.81	78.53	28.00	38.29	57.87	33.46	38.82	31.70	74.78	111.37	130.76
growth rate		119.3%	-64.4%	36.7%	51.2%	-42.2%	16.0%	-18.3%	135.9%	48.9%	17.4%
FCF per Share	0.02	0.21	-0.35	-0.31	0.23	0.06	-0.35	-0.19	0.04	0.36	-0.30
growth rate		950.0%	-100.0%	0.0%	100.0%	-73.9%	-100.0%	0.0%	100.0%	800.0%	-100.0%
Sale Purchase of Stock				0.10	3.25	3.25	32.05
growth rate					3,315.8%	0.0%	887.6%
FCF	-7.00	21.00	-74.00	-10.00	21.00	-5.00	-72.00	-4.00	23.00	48.00	-121.00
growth rate		100.0%	-100.0%	0.0%	100.0%	-100.0%	0.0%	0.0%	100.0%	108.7%	-100.0%
Income Statement	Dec '11	Dec '12	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21
Sales	116.68	208.71	184.17	166.27	158.59	144.78	155.09	196.06	268.89	319.69	436.91
growth rate		78.9%	-11.8%	-9.7%	-4.6%	-8.7%	7.1%	26.4%	37.2%	18.9%	36.7%
Op.Income	48.19	95.04	48.97	7.15	-187.89	19.40	18.25	-1.60	-109.17	74.03	26.92
growth rate		97.2%	-48.5%	-85.4%	-100.0%	100.0%	-5.9%	-100.0%	0.0%	100.0%	-63.6%
IBT	48.52	95.38	46.96	-0.51	-258.18	14.37	21.02	-0.97	-108.53	40.37	42.54
growth rate		96.6%	-50.8%	-100.0%	0.0%	100.0%	46.2%	-100.0%	0.0%	100.0%	5.4%
Net Income	29.34	72.40	11.16	-4.19	-202.71	4.33	23.85	-7.62	-93.09	14.21	26.53
growth rate		146.8%	-84.6%	-100.0%	0.0%	100.0%	450.7%	-100.0%	0.0%	100.0%	86.7%
EPS	0.28	0.68	0.03	-0.03	-1.31	0.03	0.14	-0.04	-0.52	0.06	0.08
growth rate		142.9%	-95.6%	-100.0%	0.0%	100.0%	366.7%	-100.0%	0.0%	100.0%	33.3%
Gross Profit	56.11	106.20	65.93	62.64	28.76	54.09	56.32	51.65	60.39	138.48	185.85
growth rate		89.3%	-37.9%	-5.0%	-54.1%	88.1%	4.1%	-8.3%	16.9%	129.3%	34.2%
R&D	0.22	0.56
growth rate		151.5%

Quarterly Statements

Item Name	Jun '21	Sep '21	Dec '21	Mar '22	Jun '22
Earnings BIT	36.06	24.58	-56.19	13.81	14.81
growth rate		-31.8%	-100.0%	100.0%	7.3%
Balance Sheet	Jun '21	Sep '21	Dec '21	Mar '22	Jun '22
Acct.Receivable	26.53	26.45	32.02	25.50	28.25
growth rate		-0.3%	21.1%	-20.4%	10.8%
Acct.Payable	36.37	33.64	62.84	51.89	58.70
growth rate		-7.5%	86.8%	-17.4%	13.1%
Cur.Assets	377.62	335.89	346.33	308.92	229.21
growth rate		-11.1%	3.1%	-10.8%	-25.8%
Total Assets	1,181.33	1,206.51	1,269.33	1,332.32	1,317.45
growth rate		2.1%	5.2%	5.0%	-1.1%
Cash	216.02	167.61	199.24	166.08	75.82
growth rate		-22.4%	18.9%	-16.6%	-54.4%
Inventory	85.66	91.67	101.51	109.16	110.70
growth rate		7.0%	10.7%	7.5%	1.4%
Cur.Liabilities	131.44	132.75	169.82	168.32	165.41
growth rate		1.0%	27.9%	-0.9%	-1.7%
Liabilities	321.44	338.55	437.70	450.29	436.65
growth rate		5.3%	29.3%	2.9%	-3.0%
LT Debt	58.52	58.35	136.11	137.44	126.63
growth rate		-0.3%	133.3%	1.0%	-7.9%
Equity	859.89	867.96	831.63	882.03	880.79
growth rate		0.9%	-4.2%	6.1%	-0.1%
Common Shares	1,030.54	1,031.81	1,031.83	1,067.78	1,067.96
growth rate		0.1%	0.0%	3.5%	0.0%
Cash Flow Statement	Jun '21	Sep '21	Dec '21	Mar '22	Jun '22
Capital Expenditures	57.64	72.79	83.23	75.49	96.76
growth rate		26.3%	14.3%	-9.3%	28.2%
Cash Dividends
growth rate
Cash From OA	42.14	30.39	31.94	4.04	13.36
growth rate		-27.9%	5.1%	-87.4%	231.1%
Sale Purchase of Stock
growth rate
FCF	-15.50	-42.40	-51.29	-71.46	-83.40
growth rate		0.0%	0.0%	0.0%	0.0%
Income Statement	Jun '21	Sep '21	Dec '21	Mar '22	Jun '22
Sales	120.19	108.58	102.87	105.80	111.41
growth rate		-9.7%	-5.3%	2.9%	5.3%
Op.Income	36.06	24.58	-56.19	13.81	14.81
growth rate		-31.8%	-100.0%	100.0%	7.3%
IBT	32.89	22.38	-53.00	11.24	23.96
growth rate		-32.0%	-100.0%	100.0%	113.3%
Net Income	21.78	15.00	-37.25	5.62	18.41
growth rate		-31.1%	-100.0%	100.0%	227.7%
EPS
growth rate
Gross Profit	58.72	46.88	35.13	39.19	36.48
growth rate		-20.2%	-25.1%	11.6%	-6.9%

Growth Grade & Financial Ratios

All financial ratios below are calculated based on latest annual statements available and present the most up to date snapshot of a company finances.

Growth Grade

Historical Growth Grade:

D (45.73)

YOY Growth Grade:

E (25.60)

Click on buttons above for detailed yearly growth rates.

Market Ratios

Dividend Yield: 0.0%
Beta: 1.65
Beta of 1.6472 suggests that the asset is more volatile than the rest of the market.
PE: 289.60
EY: 0.3%
PEG: 17.38
PEG Ratio of 17.38 suggests that stock is overpriced.
PEGY: 17.38
PEGY Ratio of 17.38 suggests that stock is overpriced.
Price/BVPS: 6.10

Profitability Ratios

ROE: 3.3%
Return on Equity (ROE) of 3.3% suggests that a company may not be able to fund future growth from within.
ROS: 6.2%
The value of Return on Sales depends on the business and/or industry. Usually the higher ratio the better.
ROA: 3.4%
Return on Assets (ROA). Low ratio usually means poor performance, or ineffective use of assets by management. High ratio usually means good performance.
ROI: 5.1%
Return on Investment (ROI) of 5.1% suggests that a company may not be able to fund future growth from within.
ROIC: -0.2%
Return on Invested Capital (ROIC) of -0.2% suggests that a company may not be able to fund future growth from within.

Liquidity Ratios

Current Ratio: 2.04
Current Ratio of 2.04 suggests that a company is doing well.
Quick Ratio: 1.36
Quick Ratio of 1.36 suggests that a company is doing well.
Cash Turnover: 2.48
Turnover Of Cash Ratio of 2.48 suggests that a company may have funds tied up in short-term low-yielding assets or may have a cash surplus, which is not invested in the business.
Equity Ratio: 65.5%
Equity Ratio of 65.5% suggests that a large percent of the company's assets financed by shareholder equity, which is good.
Debt/Equity: 52.6%
Debt to Equity Ratio of 52.6% suggests that a company is doing well.
Debt/FCF: -1.05
Debt/FCF of -1.05 suggests that a company has a negative Free Cash Flow and probably will not be able to pay off its long term debt.

Efficiency Ratios

Avg Collection Period: 26.75
Average Collection Period of 26.75 days suggests that a company is doing well.
Inventory Turnover: 2.47
Inventory Turnover Ratio of 2.47 suggests a large inventory, a never-out-of-stock situation, perhaps some obsolete items, or it could indicate poor liquidity and possible overstocking of items.
Cash Flow Ratio: 2.13
Cash Flow Ratio of 2.13 suggests a company is doing OK, but lower inventory is generally viewed as a positive trend.
Profit Margin: 6.1%

Value Price

PE and EPS

	Historical	Current	Forward
PE	5.73	289.60	1.54
EPS / Growth	13.2%	0.08

Value Price & Investment Recovery Time

Read more about Stock2Own value price in Stock Market: Fundamental Analysis.

Equity Growth Rate: 7.4%

Estimates	Pessimistic	Moderate	Optimistic
Rate of Return	15.0%
MOS Price %	50 %
Future EPS Growth	7.4%	10.3%	10.3%
Future PE	1.54	4.33	9.28
Future EPS	0.15	0.20	0.20
Value Price MOS %	0.06 -99.7%	0.21 -99.0%	0.46 -97.9%
MOS Price	0.03	0.11	0.23
IRT	42.61	34.03	34.03

Graham Number:

NOTE: The Graham Number applies only to certain types of stocks in combination with a number of other criteria.

Read more about Graham Number in Stock Market: Fundamental Analysis.

Graham Number: 2.45
Graham MOS: -88.7%

Price Chart

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