Goldcorp obviously saw something they liked and didn't wait for a defined resource and bought it. The silver to gold ratio is based on the three-year trailing average silver to gold ratio. AR could even acquire other companies. 31, 2020 13 Comments Argonaut Gold Buys Alio Gold: How The Takeover Stacks Up Against Prior Buyouts Argonaut's primary assets are the El Castillo mine and San Agustin mine, which together form the El Castillo Complex in Durango, Mexico and the La Colorada mine in Sonora, Mexico. Argonaut Gold is a smaller company with a market capitalization of CA$728m, so it may still be flying under the radar of many institutional investors. Argonaut continues to look at growth opportunities and recruit high quality people. Full year 2020 production at Florida Canyon is shown. Argonaut Gold is a Canadian gold company engaged in exploration, mine development and production. Argonaut Gold looks like a strong takeover target for a larger gold miner for a few reasons. As we headed into 2020, the average price paid per ounce for gold producers was sitting at $151.31/oz, with the 3-period moving average at $213.68/oz. He likes AR's recent drill results, showing good grades. In a March 2 webcast to talk about the 2021 fourth-quarter and year-end results, Dan Symons, Argonaut's vice president of corporate development and investor relations, said they intend to make good on the first gold pour at Magino at the end of the first quarter in 2023. Herdrick is a professional geologist with 45 years of exploration and mine related experience in the United States and Mexico. It looks like a break-even quarter as the cash balance of $44 million is consistent with last quarter. For more information contact: Based on guidance, FY2021 is expected to be a high-cost year,. It was the latest in a string of bite-sized. Company geologists are also looking to establish a connection between two zones of gold mineralization. "We're making good progress and we have 13 months to go." The Argonaut Gold - Alio Gold Merger: A Win-Win Deal Peter Arendas Tue, Mar. AR could even acquire other companies. "Argonaut is generating positive cash flow through its existing operating portfolio, holds an enviable portfolio of growth assets and, once Magino comes on line next year, has the opportunity to transition from a higher cost, junior producer to a lower cost, intermediate producer with a more diversified jurisdictional profile. Argonaut Gold is buying Alio Gold by way of an approximately $60-million stock swap in which 0.67 of an Argonaut is exchanged for each Alio share. But in December, Argonaut announced that expected construction costs had ballooned by 57% to $800 million from $510 million. The takeover resulted in Andromeda logically consolidating 100% ownership of both the Great White Kaolin Project and Natural Nanotech. He has a $4.25 target. Argonaut Gold released its Q4 and FY2020 results last week and reported record quarterly production of 57,000~ gold-equivalent ounces. "The continuous high-grade nature. Wyloo Metals' takeover of Noront Resources, and Kinross Gold's takeover of Great Bear Resources. Argonaut Gold(AR-T) 02/11/2020 at 12:00am Get Alerts A takeover candidateYes, it's possible, but also for a lot of these companies. Argonaut Gold will purchase all common shares in Prodigy for C$0.00001 in cash for each share, representing C$1.08 ($1.01) a share. Carbonaut has secured its first Human Induced Revegetation (HIR) project, which has in excess of 1 million ACCUs. All-Encompassing Takeover Talk Source: Brian Sylvester of The Gold Report 11/05/2010 . Growth is coming from exploration and production. Although AGL was the legal parent, AGI was determined to be the acquirer for accounting purposes. Hanking Australia Investment Pty Ltd is the Australian subsidiary of the Hong Kong-listed China Hanking Holdings Limited, a mine development and exploration company with assets in Australia and China. It sort of works out roughly to $50 an ounce. Fast-forward four months, and we've got the. Its primary assets are the El Castillo mine and San Agustin mine, which together form the El. Its advanced. A fine company. According to the issued ratings of 5 analysts in the last year, the consensus rating for Argonaut Gold stock is Moderate Buy based on the current 1 hold rating and 4 buy ratings for AR. Its primary assets are the El Castillo mine and San Agustin mine in Durango, Mexico, the La Colorada. Its primary assets are the El Castillo mine and San Agustin mine, which together form the El Castillo Complex in Durango, Mexico, the La Colorada mine in Sonora, Mexico and the Florida Canyon mine in Nevada, USA. Q3 2015 highlights El Castillo Florida Canyon production during Q1 2020 and Q2 2020 was under Alio Gold Inc. prior to the closing of the merger between Alio Gold Inc. and Argonaut on July 1, 2020. Argonaut acquired the property from Prodigy Gold in 2012. Argonaut Gold is a Canadian gold company engaged in exploration, mine development and production. These costs. Argonaut Gold(AR-T) 02/11/2020 at 12:00am Get Alerts A takeover candidateYes, it's possible, but also for a lot of these companies. Argonaut is on track to record its best September Quarter ever. Anchor, Reporter Follow | Archive We're seeing another "zero-premium" takeover in the gold space, an industry whose investors are gun-shy when it comes to expensive mergers. Mining Jaime Carrasco Argonaut is a Canadian gold company engaged in exploration, mine development and production. Argonaut Gold is a Canadian gold mining company engaged in exploration, mine development and production activities on gold-bearing properties in Mexico. Taking a look at our data on the ownership. Growth is coming from exploration and production. Argonaut enters its 19th year with strong momentum after being involved in numerous equity raisings and success stories in 2020. I think gold was $500 per ounce at the time. He likes AR's recent drill results, showing good grades. Since the takeover Goldcorp has defined over 9 million ounces of gold. Demetallica is scheduled to be listed on ASX by the end of FY22. Argonaut Gold Inc., a Toronto-listed miner with assets in Mexico, announced a deal on Monday to acquire Prodigy Gold Inc. for $341-million in shares. Argonaut acted as Financial Advisor to Hanking Australia Investment Pty Ltd ("Hanking"), the Australian subsidiary of the Hong Kong listed China Hanking Holdings Limited, on the successful $37.5 million takeover of Primary Gold Limited ("Primary"). " Its primary assets are the El Castillo mine and San Agustin mine, which together form the El. The . Argonaut Gold began construction of its Magino gold project, 40 km northeast of Wawa, Ont., last January. Argonaut acted as Financial Advisor to Hanking Australia Investment Pty Ltd on the successful $37 million takeover of Primary Gold Limited in 2018. Argonaut Gold - (AR:TSX) - Argonaut continues to try and weather the storm of the current gold price. Evolution of the average Target Price on ARGONAUT GOLD INC. Target Price consensus revisions : last 18 months: Recommendations (Chart) ARGONAUT GOLD INC. Analyst Recommendations on ARGONAUT GOLD INC. 08/02: Argonaut Gold Kept at Buy at Stifel GMP Following Share Offering; Price Target Lowered to .. . a "reverse takeover" by Argonaut Gold Inc. ("AGI"). Argonaut Gold (TSX: AR) has taken another look at the cost of putting the former Magino gold mine in Ontario back into production and found capex has risen 57% to C$800 million ($622m). Argonaut Gold Inc. (TSX: AR) (the "Company", "Argonaut Gold" or "Argonaut") plans to release its second quarter 2022 operating results, financial statements and the related management's discussion . A fine company. Mr. Dale Peniuk is a CPA CA (Chartered Accountant) that provides financial consulting services to a number of mining companies and currently serves on the Board and as Audit Committee Chair of Lundin Mining Corporation, Capstone Mining Corp. and Miramont Resources Corp. Mr. Peniuk also served on the Board and as Audit Committee Chair of EuroZinc Mining Corporation (TSX; AMEX) until completion . Mining Jaime Carrasco The company reduced its all-in sustaining costs to $909 in the second quarter, and ended the quarter. At press . Argonaut established Carbonaut in 2021 to support the global push for decarbonisation and net zero by 2050 by becoming a leading developer and provider of Australian Carbon Credit Units (ACCUs) and other environmental credits. Argonaut acted as Financial Advisor to Minotaur Exploration (MEP:ASX) on its all scrip $120 million recommended off-market takeover by joint venture partner Andromeda Metals Limited (ADN:ASX) and concurrent demerger of Minotaur's base metals and gold assets intoRead more Effective December 30, 2009, the articles of the Company were amended to change the name of the Company from Intuitivo Capital Corporation to Argonaut Gold Ltd. ("AGL"). Founded in 2009, Argonaut was created by an. Argonaut Gold is a Canadian gold company engaged in exploration, mine development and production. At a quick glance the quarter looks good and production guidance is being met. He has a $4.25 target. His experience includes 10 years as Chief Geologist for Phelps Dodge, Mexico and 7 years as Vice President, Exploration for Pediment Gold in Mexico until its takeover by Argonaut Gold in 2011. Canada's Argonaut Gold has signed an agreement to acquire Prodigy in a friendly takeover worth C$277m ($282m). . The average twelve-month price prediction for Argonaut Gold is C$2.58 with a high price target of C$4.00 and a low price target of C$1.25. Argonaut Gold released its FY2022 guidance last week, announcing that gold-equivalent ounce production was expected to come in at 200,000 to 230,000 ounces at $1,415/oz to $1,525/oz.
Pneumatic Transmission Jack, Ocbc Frank Card Application, Portable Heater For Car Camping, Kilz Slate Gray Porch Paint, Utica College Dpt Program Requirements, Keychron Low Profile Full Size, Organic Sweet Almond Oil Whole Foods,
