The Investment Doctor
Long/short equity, value, debt, base metals

Argonaut Gold: Smart Production Growth?


In this article I'll have a closer look at Argonaut Gold (OTCPK:ARNGF),a gold producer with producing assets in Mexico and an advanced stage multi-million ounce asset in Canada.

I'll first discuss its two producing properties as well as the two advanced assets in Mexico and Canada. Thereafter I'll have a look at Argonaut's balance sheet and expected cash flows, which will result in my investment thesis at the end. The company seems to have smart management which made the right moves in terms of M&A. Its strong growth profile is underpinned by cash flow from its currently two producing Mexican assets.

As trading is more liquid on the Toronto Stock Exchange (ticker symbol AR), I'd recommend to...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details