Argonaut Gold Inc.

Argonaut Gold Inc. is a Canadian gold company engaged in exploration, mine development and production activities. Its primary assets are the production-stage El Castillo mine in Durango, Mexico, and the La Colorada mine in Sonora, Mexico. Advanced exploration stage projects include the San Antonio project in Baja California Sur, Mexico, and the Magino project in Ontario, Canada. The recently acquired San Agustín project is the primary exploration target for Argonaut in 2014. The company also has several exploration stage projects, all of which are located in North America.

Expert Comments:

Rahul Paul, Canaccord Genuity (11/19/15)
"Argonaut Gold Inc.'s management is guiding to a sequentially stronger Q4/15 (aided by expected drier conditions). . .an updated preliminary feasibility study for Magino is expected in early 2016. . .we anticipate that a positive permitting approval for San Antonio could move the stock price."

Sadif Research (11/12/15)
"Argonaut Gold Inc. is a high-quality company. . .it has strong business growth and is run by passable management. . .Argonaut currently has a Price StockMark of 90, indicating that the market is undervaluing its long-term fundamentals. . .the company rates as a good investment."

Jeff Killeen, CIBC World Markets (11/5/15)
"Mining at Argonaut Gold Inc.'s El Castillo has restarted after lifting the illegal blockade. . .the company indicated that the primary near-term goal is balance sheet preservation. . .despite a balance sheet focus, Argonaut indicated it will make a construction decision on the San Agustin project by early 2016."

Ryan Hanley, Mackie Research Capital (11/4/15)
"Argonaut Gold Inc. has released Q3/15 results, with production of 28.9 Koz Au eq having been pre-released essentially in line with our 29.7 Koz Au eq forecast. Cash costs of $771/oz Au eq produced were better than our $900/oz forecast, largely due to better recoveries and slightly higher grades at La Colorada and lower unit mining costs at El Castillo."

Micheal Parkin, Desjardins Securities (11/4/15)
"After market close yesterday, Argonaut Gold Inc. reported Q3/15 total cash costs and cash flow per share that were relatively in line with consensus, after having previously reported production, sales and other operating figures."

Micheal Parkin, Desjardins Securities (11/2/15)
"Argonaut announced that the illegal blockade at the El Castillo mine ended on Friday October 30 after agreeing to a resolution in principle with community leaders. . .in total, mining was halted for nine days while the processing facility remained operational. We believe the length of the stoppage in mining operations. . .was not long enough to make a significant impact on the production for Q4/15."

More Expert Comments

Experts Following This Company

Sam Crittenden, Research Analyst – RBC Capital Markets
Ovais Habib, Analyst – Scotia Capital
Ryan Hanley – Mackie Research Capital
Andrew Kaip, Analyst – BMO Capital Markets
Jeff Killeen, Analyst – CIBC World Markets
Michael Parkin, Analyst – Desjardins Securities
Micheal Parkin – Desjardins Securities
Menal Patel, Analyst – National Bank Financial
Rahul Paul, Research Analyst, Metals and Mining – Canaccord Genuity
Matthew Sheppard, Equity Research Analyst – Jacob Securities

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.