ARBTF
Price:
$0.05602
Market Cap:
$5.86M
Argo Gold Inc., a development stage company, focuses on the exploration and development of mineral properties in northwestern Ontario. The company explores for gold, silver, cobalt, and zinc deposits. Its flagship project is the 100% owned Uchi gold project covering 22 square kilometers located to the west of Uchi Lake in the Birch-Uchi Greenstone Belt, Ontario; and the 100% owned Talbot Lake gold project covering 760 hectares located in the Uchi geological sub-province. The company was formerly known as Arbitrage Exploration Inc. and changed its name to Argo Gold Inc. in September 2016. Argo Gold Inc. was incorporated in 1995 and is based in Toronto, Canada.[Read more]
Industry
Gold
IPO Date
2001-05-07
Stock Exchange
PNK
Ticker
ARBTF
According to Argo Gold Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.29. This represents a change of 7.57% compared to the average of 0.27 of the last 4 quarters.
The mean historical Current Ratio of Argo Gold Inc. over the last ten years is 3.15. The current 0.29 Current Ratio has changed 837.64% with respect to the historical average. Over the past ten years (40 quarters), ARBTF's Current Ratio was at its highest in in the December 2021 quarter at 15.24. The Current Ratio was at its lowest in in the March 2023 quarter at 0.07.
Average
3.15
Median
1.01
Minimum
0.08
Maximum
15.24
Discovering the peaks and valleys of Argo Gold Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 744.80%
Maximum Annual Current Ratio = 15.24
Minimum Annual Increase = -97.88%
Minimum Annual Current Ratio = 0.08
Year | Current Ratio | Change |
---|---|---|
2023 | 0.22 | -31.91% |
2022 | 0.32 | -97.88% |
2021 | 15.24 | 56.09% |
2020 | 9.76 | 744.80% |
2019 | 1.16 | -45.62% |
2018 | 2.13 | 42.61% |
2017 | 1.49 | 72.52% |
2016 | 0.86 | 333.62% |
2015 | 0.20 | 161.79% |
2014 | 0.08 | -90.11% |
The current Current Ratio of Argo Gold Inc. (ARBTF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
5.26
5-year avg
5.34
10-year avg
3.15
Argo Gold Inc.’s Current Ratio is less than Blue Star Gold Corp. (1.24), greater than Angkor Resources Corp. (0.20), greater than Advance Lithium Corp. (0.22), less than Advance United Holdings Inc. (0.74), greater than Minnova Corp. (0.02),
Company | Current Ratio | Market cap |
---|---|---|
1.24 | $3.06M | |
0.20 | $12.17M | |
0.22 | $1.45M | |
0.74 | $784.96K | |
0.02 | $2.34M |
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