Argonaut Gold Inc T.AR

Alternate Symbol(s): T.AR.DB.U | ARNGF

Metals & Mining Gold

Argonaut Gold Inc. is a gold producer with a portfolio of operations in North America. The Company’s operating mines include Florida Canyon, Magino, La Colorada and San Agustin. The Florida Canyon Gold Mine area is situated in northwestern Nevada within the Basin and Range physiographic province. The Magino mine property is a past producing underground gold mine located 40 kilometers (km) northeast of Wawa, Ontario, approximately 14 kilometers southeast of the town of Dubreuilville. The property consists of seven patented mining claims, four leased mining claims and 69 unpatented mining claims totaling 2,204.495 hectares. The past producing La Colorada gold-silver mine property is located approximately 40 km southeast of Hermosillo, Sonora State, Mexico. The San Agustin property consists of four mineral claims totaling 1,065 ha and is located in the northern San Lucas de Ocampo Mining District.

TSX:AR - Post by User

Argonaut Gold Inc > AISCs of 1400+

<< Previous

Bullboard Posts

Next >>

Comment by MisterBon Nov 05, 2020 8:13pm

294 Views

Post# 31849130

RE:RE:RE:AISCs of 1400+

Seems less gold realized from lower stacking rates in Q1/Q2, and higher overall costs - partially attributable to acquisitions and financing activities. Overall, a miss on the top line by a large margin (est was $119m), and slight miss on EPS of .04 (consensus estimate was .05).

Overall, considering the POG, a disappointing operational quarter, offset by measurable and tangible positive progress with Magino and financing the project.

B

<< Previous

Bullboard Posts

Next >>

3 Canadian companies getting a boost during Stanley Cup Playoffs