InvestorsHub Logo
Followers 26
Posts 2151
Boards Moderated 0
Alias Born 03/30/2004

Re: checkmate28 post# 35081

Thursday, 02/25/2021 9:48:10 PM

Thursday, February 25, 2021 9:48:10 PM

Post# of 35776
AR.T Argonaut Gold Delivered Big time. Conference call 9am Going to be a $10 stock as they move towards Magino.

$670M CA Market Cap $214m US Cash

Conference Call
https://www.argonautgold.com/English/news-and-events/events/event-details/2021/Argonaut-Gold-Fourth-Quarter-and-Year-End-Financial-Results-Conference-Call-and-Webcast/default.aspx


Toronto, Ontario – (February 25, 2021) Argonaut Gold Inc. (TSX: AR) (the “Company”, “Argonaut
Gold” or “Argonaut”) is pleased to announce its financial and operating results for the fourth
quarter and year ended December 31, 2020. For the fourth quarter 2020, the Company reports
record quarterly revenue of $100.8 million, adjusted net income1 of $20.8 million or adjusted
earnings per basic share1 of $0.07 and net income of $18.0 million or earnings per basic share of
$0.06, derived from the sale of 53,478 gold equivalent ounces2 (“GEO” or “GEOs”), which
generated record quarterly cash flow before changes in working capital of $39.5 million. For the
full year 2020, the Company reports record annual revenue of $319.7 million, adjusted net
income1 of $48.3 million or adjusted earnings per basic share1 of $0.21 and net income of $14.2
million or earnings per basic share of $0.06, derived from the sale of 179,169 GEOs, which
generated record annual cash flow from operations before working capital changes of $95.0
million. All dollar amounts are expressed in United States dollars unless otherwise specified.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.