ARGONAUT GOLD (AR) Stocks
ABOUT ARGONAUT GOLD
Argonaut Gold Inc. is a Canadian gold company involved in exploration, mine development and production activities. It headquarters is in Reno, Nevada, United States.
Argonaut Gold Inc. operated under the name Intuitivo Capital Corporation and began in 2007 as a capital pool company.
In 2009, the company merged with Subco and changed its name to Argonaut Gold Ltd. In 2010, Argonaut bought the remaining shares of Castle Gold and completed the sale of its investment in Rocas el Tambor.
The company was renamed Argonaut Gold Inc. In 2011, the company bought all the outstanding share of Pediment.
OVERVIEW OF ARGONAUT GOLD
Argonaut Gold Inc. is involved in gold mining, mine development and mineral exploration activities at gold-bearing mineral properties in North America. The company’s segments are El Castillo, San Antonio, La Colorada, Magino, Corporate and other.
El Castillo mine is located approximately 100 kilometers north of the city of Durango and construction-stage San Agustin property, which is located approximately 10 kilometers from the El Castillo Mine.
The exploration-stage San Antonio property is located approximately 40 kilometers southeast from the port city of La Paz in the State of Baja California Sur, Mexico. La Colorada mine is located approximately 40 kilometers southeast of Hermosillo, Sonora State, Mexico. Magino property is located approximately 40 kilometers northeast of Wawa in the Province of Ontario, Canada.
Several other exploration-stage projects are located in North America.
VISION & VALUES OF ARGONAUT GOLD
Argonaut Gold Inc. continues to move forward towards accomplishing its vision and mission within its daily operation. It states its values as follows: Value adding consolidation in the gold sector. Seeing value for investing in projects beyond surface analysis, in both the field and the gold mining sector.
Exploration and expansion of existing gold mining assets base. Maintain investor involvement in a productive manner.
Management will deliver on operational targets while working to exceed expectations. It will operate in a safe, cost efficient manner, while honoring commitments to the environment and communities where it operate.
Shareholders who purchase company shares can rest assured of superior value.
MARKET PERFORMANCE OF ARGONAUT GOLD
Argonaut Gold Inc. trades on Toronto Stock Securities Exchange (TSX) and lists under the stock symbol AR. The company forms part of the TSX 500.
The company reports revenue of US Dollar 196.8 million for the first nine months of 2019. (2018 was US Dollar 144.4 million). Sales of 140 729 ounces of gold. (2018 was 108 665 ounces of gold).
Net income of US Dollar 14.4 million or US Dollar 0.08 per basic share. (2018 was US Dollar 9.9 million or US Dollar 0.06 per basic share).
Adjusted net income of US Dollar 10.3 million or US Dollar 0.06 per basic share. (2018 was US Dollar 13.9 million or US Dollar 0.08 per basic share).
Buy ARGONAUT GOLD stocks / shares – A Step by Step Guide how to Buy / Purchase ARGONAUT GOLD Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy ARGONAUT GOLD Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN ARGONAUT GOLD STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE ARGONAUT GOLD STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of ARGONAUT GOLD stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy ARGONAUT GOLD stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?