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Argonaut GoldAR.TOBUYMar 26, 2013Stock price when the opinion was issued
As of Jul 16, 2024. Market Open.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The $45M bought deal adds to the current cash of $173M. The cash needs are close to the cash position. The mine has reported an okay technical report. Would like to see the IRR higher than 19% however. Removal of financial uncertainty will be good for the stock. The sector has been doing somewhat better. Unlock Premium - Try 5i Free
Just Reported another good solid quarter and had free cash flow with lower costs. Will have a slight increase this year. They continue to show good growth out for 3-4 years at least. Good entry point. Just acquired a company in northern Ontario.