ARGO GOLD INC. (P3U) - Total Assets
Based on the latest financial reports, ARGO GOLD INC. (P3U) holds total assets worth €3.18 Million EUR (≈ $3.71 Million USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
ARGO GOLD INC. - Total Assets Trend (2021–2024)
This chart illustrates how ARGO GOLD INC.'s total assets have evolved over time, based on quarterly financial data. Also see how much is ARGO GOLD INC. worth for the company's overall valuation and market capitalisation.
ARGO GOLD INC. - Asset Composition Analysis
Current Asset Composition (December 2024)
ARGO GOLD INC.'s total assets of €3.18 Million consist of 15.1% current assets and 84.9% non-current assets. Review total liabilities of ARGO GOLD INC. to assess the company's total debt and financial obligations.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 8.8% |
| Accounts Receivable | €203.51K | 6.2% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how ARGO GOLD INC.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See today's stock price for ARGO GOLD INC. for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: ARGO GOLD INC.'s current assets represent 15.1% of total assets in 2024, a decrease from 56.4% in 2021.
- Cash Position: Cash and equivalents constituted 8.8% of total assets in 2024, down from 38.4% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 6.2% of total assets.
ARGO GOLD INC. Competitors by Total Assets
Key competitors of ARGO GOLD INC. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Franco-Nevada Corporation
TO:FNV
|
Canada | CA$8.91 Billion |
|
AngloGold Ashanti Ltd
JSE:ANG
|
South Africa | ZAC15.55 Billion |
|
Gold Fields Ltd
JSE:GFI
|
South Africa | ZAC10.86 Billion |
|
Agnico Eagle Mines Limited
TO:AEM
|
Canada | CA$37.73 Billion |
|
Pan American Silver Corp
TO:PAAS
|
Canada | CA$10.13 Billion |
|
Alamos Gold Inc
TO:AGI
|
Canada | CA$5.98 Billion |
|
Harmony Gold Mining Company Ltd
BA:HMY
|
Argentina | AR$68.90 Billion |
|
Dpm Metals Inc.
AU:DPM
|
Australia | AU$3.08 Billion |
ARGO GOLD INC. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.24 | 0.29 | 0.29 |
| Quick Ratio | 0.24 | 0.29 | 0.29 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-1.27 Million | €-1.10 Million | €-1.10 Million |
ARGO GOLD INC. - Advanced Valuation Insights
This section examines the relationship between ARGO GOLD INC.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 4.32 |
| Latest Market Cap to Assets Ratio | 1.25 |
| Asset Growth Rate (YoY) | 18.8% |
| Total Assets | €3.30 Million |
| Market Capitalization | $4.11 Million USD |
Valuation Analysis
Above Book Valuation: The market values ARGO GOLD INC.'s assets above their book value (1.25x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: ARGO GOLD INC.'s assets grew by 18.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for ARGO GOLD INC. (2021–2024)
The table below shows the annual total assets of ARGO GOLD INC. from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €3.30 Million ≈ $3.86 Million |
+18.84% |
| 2023-12-31 | €2.78 Million ≈ $3.24 Million |
+154.11% |
| 2022-12-31 | €1.09 Million ≈ $1.28 Million |
-48.97% |
| 2021-12-31 | €2.14 Million ≈ $2.50 Million |
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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