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Argonaut Gold Inc T.AR

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

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

Post by feverishon Nov 04, 2022 10:10am
193 Views
Post# 35072821

Great volume, read the underlying message people.

Great volume, read the underlying message people.
 

The Company sold fewer ounces than it produced in the third quarter 2022 due to timing of gold sales. Those ounces in finished goods inventory were sold in October 2022. The average realized gold price was $1,895 per gold ounce as compared with the average price of $1,728 for the third quarter 2022. This higher price was realized by delivering into the gold forward pricing contracts for the quarter and into future forward contracts

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