ARGO GOLD INC. - Asset Resilience Ratio
ARGO GOLD INC. (P3U) has an Asset Resilience Ratio of 0.00% as of September 2025. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Read P3U current and long-term liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2021–2023)
This chart shows how ARGO GOLD INC.'s Asset Resilience Ratio has changed over time. See P3U net assets for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down ARGO GOLD INC.'s liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see P3U company net worth.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 0% |
| Short-term Investments | €0.00 | 0% |
| Total Liquid Assets | €0.00 | 0.00% |
Asset Resilience Insights
- Limited Liquidity: ARGO GOLD INC. maintains only 0.00% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company maintains a balanced mix of cash and short-term investments.
ARGO GOLD INC. Industry Peers by Asset Resilience Ratio
Compare ARGO GOLD INC.'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Franco-Nevada Corporation
TO:FNV |
Gold | 5.76% |
|
AngloGold Ashanti Ltd
JSE:ANG |
Gold | 13.83% |
|
Kinross Gold Corp
TO:K |
Gold | 9.89% |
|
Coeur Mining Inc
NYSE:CDE |
Gold | 11.79% |
|
Evolution Mining Ltd
AU:EVN |
Gold | 9.64% |
|
Equinox Gold Corp
TO:EQX |
Gold | 1.42% |
|
Dundee Precious Metals Inc
TO:DPM |
Gold | 16.16% |
|
Northern Star Resources Limited
F:NS7 |
Gold | 0.51% |
Annual Asset Resilience Ratio for ARGO GOLD INC. (2021–2023)
The table below shows the annual Asset Resilience Ratio data for ARGO GOLD INC..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.00% | €0.00 ≈ $0.00 |
€2.78 Million ≈ $3.24 Million |
-- |
| 2022-12-31 | 7.17% | €78.27K ≈ $91.51K |
€1.09 Million ≈ $1.28 Million |
-8.14pp |
| 2021-12-31 | 15.30% | €327.50K ≈ $382.88K |
€2.14 Million ≈ $2.50 Million |
-- |
About ARGO GOLD INC.
Argo Gold Inc. engages in the acquisition, exploration, development, and production of mineral properties in Canada. It primarily explores for gold, silver, nickel, copper, platinum group metals, cobalt, lead, zinc, and uranium deposits. The company has a mineral exploration permit for the Uchi Gold Project located 90 kilometres east of Red Lake, Ontario. The company was formerly known as Arbitra… Read more