ARGO GOLD INC. (P3U) - Cash Flow Conversion Efficiency
Based on the latest financial reports, ARGO GOLD INC. (P3U) has a cash flow conversion efficiency ratio of 0.038x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€53.99K ≈ $63.12K USD) by net assets (€1.42 Million ≈ $1.66 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see ARGO GOLD INC. stock valuation for the company's overall valuation and market capitalisation.
ARGO GOLD INC. - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how ARGO GOLD INC.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.
ARGO GOLD INC. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of ARGO GOLD INC. ranked by their cash flow conversion efficiency. Explore P3U cash flow quality index to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Trinitan Metals and Minerals
JK:PURE
|
0.047x |
|
Casa Minerals Inc
V:CASA
|
0.040x |
|
HB Stockholdings Limited
NSE:HBSL
|
-0.126x |
|
Decent Holding Inc Ordinary Shares
NASDAQ:DXST
|
-0.411x |
|
Silver Grail Resources Ltd
V:SVG
|
-0.017x |
|
Argentum Silver Corp
V:ASL
|
0.017x |
|
FUTURE METALS NL
F:3R10
|
N/A |
|
Adslot Ltd
AU:ADS
|
0.013x |
Annual Cash Flow Conversion Efficiency for ARGO GOLD INC. (2021–2024)
The table below shows the annual cash flow conversion efficiency of ARGO GOLD INC. from 2021 to 2024. View P3U stock price for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €1.47 Million ≈ $1.72 Million |
€952.43K ≈ $1.11 Million |
0.647x | +402.95% |
| 2023-12-31 | €949.13K ≈ $1.11 Million |
€122.01K ≈ $142.65K |
0.129x | +109.77% |
| 2022-12-31 | €613.73K ≈ $717.51K |
€-807.70K ≈ $-944.28K |
-1.316x | -36.92% |
| 2021-12-31 | €2.06 Million ≈ $2.41 Million |
€-1.98 Million ≈ $-2.32 Million |
-0.961x | -- |
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