Argonaut Gold Inc.

AR

CA04016A1012

Gold

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
0.415 ^CAD	0.00%		0.00%	-11.70%

Apr. 25	RBC Capital Markets Maintains Alamos' Outperform Rating, US$18 Price Target, On Q1 Results	MT
Apr. 23	Alamos Gold's Price Target Raised to US$18 from US$16 by RBC Capital Markets on Expected Closing of Argonaut Deal	MT

Argonaut Gold Inc. Announces Production Results for the Fourth Quarter and Full Year 2023

January 18, 2024 at 07:00 am EST

Argonaut Gold Inc. announced production results for the fourth quarter and full year 2023. For the fourth quarter, Company reports production of 61,523 gold equivalent ounces (GEOs), an increase of 14% compared to the third quarter 2023, benefiting from the commissioning of the Magino Mine.

For the full year, Company reports production of 197,509 GEOs, 1% less than the Company's annual guidance of 200 thousand to 230 thousand GEOs.

Latest news about Argonaut Gold Inc.

RBC Capital Markets Maintains Alamos' Outperform Rating, US$18 Price Target, On Q1 Results	Apr. 25	MT
Alamos Gold's Price Target Raised to US$18 from US$16 by RBC Capital Markets on Expected Closing of Argonaut Deal	Apr. 23	MT
Alamos Gold and Argonaut Gold Complete C$50-Million Private Placement	Apr. 04	MT
Argonaut Gold Inc. announced that it has received CAD 50 million in funding from Alamos Gold Inc.	Apr. 03	CI
Alamos Gold Closes the C$16-Million Acquisition of Orford Mining	Apr. 03	MT
Argonaut Gold Downgraded to Market Perform Ahead of Its Sale to Alamos Gold; Price Target cut to C$0.40	Mar. 28	MT
RBC Capital Markets Says Argonaut Deal 'Makes Sense' For Alamos	Mar. 28	MT
Miners lift Toronto market to new record high	Mar. 27	RE
TSX Rebounds After Two Days of Losses; Gold Cos Alamos and Argonaut Shine; Canada GDP Data Awaited	Mar. 27	MT
Toronto Stocks Climb, Argonaut Gold and Alamos Gold Up on Merger Deal	Mar. 27	DJ
TSX up 66 Points, Led by Miners, Healthcare	Mar. 27	MT
Almos Gold to Acquire Argonaut Gold for Shares Worth US325 Million to Add the Magino Mine in Ontario	Mar. 27	MT
TSX climbs on mining boost; Alamos Gold shines	Mar. 27	RE
Almos Gold to Acquire Argonaut Gold for Shares Worth US325 Million to Add the Magino Mine in Ontario	Mar. 27	MT
Alamos Gold to buy smaller peer Argonaut for $325 mln	Mar. 27	RE
Transcript : Alamos Gold Inc., Argonaut Gold Inc. - M&A Call	Mar. 27
Almos Gold to Acquire Argonaut Gold for Shares Worth US325 Million to Add the Magino Mine in Ontario	Mar. 27	MT
Alamos Gold Brief: Upon completion of Transaction, existing Alamos and Argonaut shareholders will own approximately 95% and 5% of the pro forma company, respectively	Mar. 27	MT
Alamos Gold Brief: Alamos expects to issue near 20.3 million common shares as part of the deal, representing an equity value of near US$276 million on a fully diluted in-the-money basis, and Enterprise value of US$516 million	Mar. 27	MT
Alamos Gold Brief: Says Exchange Ratio implies estimated total consideration of C$0.40 per Argonaut common share, or US$325 million	Mar. 27	MT
Alamos Gold Brief: Under Terms of Agreement, each Argonaut common share outstanding will be exchanged for 0.0185 Alamos common shares and 1 share of SpinCo	Mar. 27	MT
Alamos Gold Brief: Announcing Friendly Acquisition of Argonaut Gold	Mar. 27	MT
Alamos Gold Inc. entered into a definitive agreement to acquire Argonaut Gold Inc. (TSX:AR) for approximately CAD 390 million.	Mar. 26	CI
Certain Common Shares of Argonaut Gold Inc. are subject to a Lock-Up Agreement Ending on 11-MAR-2024.	Mar. 10	CI
TSX up 103 Points at Midday, With Miners up 2.25%	Mar. 06	MT

Chart Argonaut Gold Inc.

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Company Profile

Argonaut Gold Inc. is a gold producer with a portfolio of operations in North America. The Companyâs 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.

Sector

Gold

Calendar

2024-05-01 - Q1 2024 Earnings Release (Projected)

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Ratings for Argonaut Gold Inc.

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Analysts' Consensus

Sell

Buy

Mean consensus

UNDERPERFORM

Number of Analysts

Last Close Price

0.3032 USD

Average target price

0.3897 USD

Spread / Average Target

+28.54%

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Quarterly earnings - Rate of surprise

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