| Is Argonaut Gold Inc (TSE:AR) Undervalued? | |
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Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company’s future expectations. Argonaut Gold’s earnings over the next few years are expected to double, indicating a very optimistic future ahead. This should lead to stronger cash flows, feeding into a higher share value. What this means for you:Are you a shareholder? AR’s optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value. However, there are also other important factors which we haven’t considered today, such as the track record of its management team. Have these factors changed since the last time you looked at the stock? Will you have enough confidence to invest in the company should the price drop below its fair value? Are you a potential investor? If you’ve been keeping an eye on AR, now may not be the most advantageous time to buy, given it is trading around its fair value. However, the positive outlook is encouraging for the company, which means it’s worth diving deeper into other factors such as the strength of its balance sheet, in order to take advantage of the next price drop. Price is just the tip of the iceberg. Dig deeper into what truly matters – the fundamentals – before you make a decision on Argonaut Gold. You can find everything you need to know about Argonaut Gold in the latest infographic research report. If you are no longer interested in Argonaut Gold, you can use our free platform to see my list of over 50 other stocks with a high growth potential. To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements. The author is an independent contributor and at the time of publication had no position in the stocks mentioned.
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Argonaut Gold Inc.
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PRODUCER |
CODE : AR.TO |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Argonaut Gold is a gold producing company based in United states of america. Argonaut Gold holds various exploration projects in Mexico. Its main assets in production are EL SASTRE GOLD MINE, EL SASTRE, EL SASTRE - EL ARENAL, EL SASTRE BRIDGE ZONE and EL SASTRE - LUPITA ZONE in Guatemala and EL CASTILLO in Mexico and its main exploration property is SAN ANTIONIO in Mexico. Argonaut Gold is listed in Canada. Its market capitalisation is CA$ 73.4 millions as of today (US$ 53.7 millions, € 50.2 millions). Its stock quote reached its highest recent level on January 25, 2013 at CA$ 9.99, and its lowest recent point on November 18, 2022 at CA$ 0.33. Argonaut Gold has 176 940 000 shares outstanding. |