Argonaut Gold Stock Current Valuation
| ARNGF Stock | USD 0.30 0.01 3.23% |
Valuation analysis of Argonaut Gold helps investors to measure Argonaut Gold's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that Argonaut Gold's price fluctuation is out of control at this time. Calculation of the real value of Argonaut Gold is based on 3 months time horizon. Increasing Argonaut Gold's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Argonaut Gold is useful when determining the fair value of the Argonaut pink sheet, which is usually determined by what a typical buyer is willing to pay for full or partial control of Argonaut Gold. Since Argonaut Gold is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Argonaut Pink Sheet. However, Argonaut Gold's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 0.3 | Real 0.23 | Hype 0.3 | Naive 0.32 |
The real value of Argonaut Pink Sheet, also known as its intrinsic value, is the underlying worth of Argonaut Gold Company, which is reflected in its stock price. It is based on Argonaut Gold's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Argonaut Gold's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Argonaut Gold's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Argonaut Gold helps investors to forecast how Argonaut pink sheet's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Argonaut Gold more accurately as focusing exclusively on Argonaut Gold's fundamentals will not take into account other important factors: Argonaut Gold Company Current Valuation Analysis
Argonaut Gold's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Argonaut Gold Current Valuation | 347.51 M |
Most of Argonaut Gold's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Argonaut Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Argonaut Gold has a Current Valuation of 347.51 M. This is 96.95% lower than that of the Metals & Mining sector and 91.16% lower than that of the Materials industry. The current valuation for all United States stocks is 97.91% higher than that of the company.
Argonaut Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Argonaut Gold's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Argonaut Gold could also be used in its relative valuation, which is a method of valuing Argonaut Gold by comparing valuation metrics of similar companies.Argonaut Gold is currently under evaluation in current valuation category among related companies.
Argonaut Fundamentals
| Return On Equity | -0.0158 | |||
| Return On Asset | -0.0105 | |||
| Profit Margin | (0.04) % | |||
| Operating Margin | (0.06) % | |||
| Current Valuation | 347.51 M | |||
| Shares Outstanding | 837.48 M | |||
| Shares Owned By Insiders | 0.39 % | |||
| Shares Owned By Institutions | 49.49 % | |||
| Price To Earning | 4.85 X | |||
| Price To Book | 0.26 X | |||
| Price To Sales | 0.67 X | |||
| Revenue | 436.91 M | |||
| Gross Profit | 185.85 M | |||
| EBITDA | 116.08 M | |||
| Net Income | 26.53 M | |||
| Cash And Equivalents | 75.91 M | |||
| Cash Per Share | 0.10 X | |||
| Total Debt | 124.65 M | |||
| Debt To Equity | 0.21 % | |||
| Current Ratio | 1.39 X | |||
| Book Value Per Share | 1.27 X | |||
| Cash Flow From Operations | 130.69 M | |||
| Earnings Per Share | 0.01 X | |||
| Target Price | 4.74 | |||
| Number Of Employees | 22 | |||
| Beta | 1.49 | |||
| Market Capitalization | 373.98 M | |||
| Total Asset | 1.27 B | |||
| Z Score | 1.8 | |||
| Net Asset | 1.27 B |
About Argonaut Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Argonaut Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Argonaut Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Argonaut Gold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Argonaut Gold
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Argonaut Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Argonaut Gold will appreciate offsetting losses from the drop in the long position's value.Moving against Argonaut Pink Sheet
| 0.59 | TLKMF | Telkom Indonesia Tbk | PairCorr |
| 0.55 | ASTSW | AST SpaceMobile | PairCorr |
| 0.53 | PIFMY | Indofood Sukses Makmur | PairCorr |
| 0.47 | TLK | Telkom Indonesia Tbk Earnings Call This Week | PairCorr |
| 0.41 | PCTTW | PureCycle Technologies | PairCorr |
The ability to find closely correlated positions to Argonaut Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Argonaut Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Argonaut Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Argonaut Gold to buy it.
The correlation of Argonaut Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Argonaut Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Argonaut Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Argonaut Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argonaut Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Argonaut Gold information on this page should be used as a complementary analysis to other Argonaut Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Argonaut Pink Sheet analysis
When running Argonaut Gold's price analysis, check to measure Argonaut Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Argonaut Gold is operating at the current time. Most of Argonaut Gold's value examination focuses on studying past and present price action to predict the probability of Argonaut Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argonaut Gold's price. Additionally, you may evaluate how the addition of Argonaut Gold to your portfolios can decrease your overall portfolio volatility.
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