Argonaut Gold Performance
| ARNGFDelisted Stock | USD 0.37 0.00 0.00% |
The firm shows a Beta (market volatility) of -0.4, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Argonaut Gold are expected to decrease at a much lower rate. During the bear market, Argonaut Gold is likely to outperform the market. Argonaut Gold right now shows a risk of 0.0%. Please confirm Argonaut Gold coefficient of variation, maximum drawdown, skewness, as well as the relationship between the total risk alpha and downside variance , to decide if Argonaut Gold will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Argonaut Gold has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable technical and fundamental indicators, Argonaut Gold is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 214.2 M | |
| Total Cashflows From Investing Activities | -235.6 M |
Argonaut |
Argonaut Gold Relative Risk vs. Return Landscape
If you would invest 37.00 in Argonaut Gold on October 11, 2024 and sell it today you would earn a total of 0.00 from holding Argonaut Gold or generate 0.0% return on investment over 90 days. Argonaut Gold is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than Argonaut, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Argonaut Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Argonaut Gold's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Argonaut Gold, and traders can use it to determine the average amount a Argonaut Gold's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Argonaut Gold is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Argonaut Gold by adding Argonaut Gold to a well-diversified portfolio.
Argonaut Gold Fundamentals Growth
Argonaut Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Argonaut Gold, and Argonaut Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Argonaut Pink Sheet performance.
| Return On Equity | -0.0158 | |||
| Return On Asset | -0.0105 | |||
| Profit Margin | (0.04) % | |||
| Operating Margin | (0.06) % | |||
| Current Valuation | 347.51 M | |||
| Shares Outstanding | 837.48 M | |||
| Price To Earning | 4.85 X | |||
| Price To Book | 0.26 X | |||
| Price To Sales | 0.67 X | |||
| Revenue | 436.91 M | |||
| EBITDA | 116.08 M | |||
| Cash And Equivalents | 75.91 M | |||
| Cash Per Share | 0.10 X | |||
| Total Debt | 124.65 M | |||
| Debt To Equity | 0.21 % | |||
| Book Value Per Share | 1.27 X | |||
| Cash Flow From Operations | 130.69 M | |||
| Earnings Per Share | 0.01 X | |||
| Total Asset | 1.27 B | |||
About Argonaut Gold Performance
By analyzing Argonaut Gold's fundamental ratios, stakeholders can gain valuable insights into Argonaut Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Argonaut Gold has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Argonaut Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Argonaut Gold Inc. is a Canadian company engaged in gold mining, mine development, and mineral exploration activities at gold-bearing mineral properties in North America. Argonaut Gold Inc. was founded in 2007 and is headquartered in Reno, Nevada. Argonaut Gold operates under Gold classification in the United States and is traded on OTC Exchange.Things to note about Argonaut Gold performance evaluation
Checking the ongoing alerts about Argonaut Gold for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Argonaut Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Argonaut Gold is not yet fully synchronised with the market data | |
| Argonaut Gold has some characteristics of a very speculative penny stock | |
| Argonaut Gold has a very high chance of going through financial distress in the upcoming years |
- Analyzing Argonaut Gold's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Argonaut Gold's stock is overvalued or undervalued compared to its peers.
- Examining Argonaut Gold's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Argonaut Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Argonaut Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Argonaut Gold's pink sheet. These opinions can provide insight into Argonaut Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Other Consideration for investing in Argonaut Pink Sheet
If you are still planning to invest in Argonaut Gold check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Argonaut Gold's history and understand the potential risks before investing.
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