Table of Contents

company-logo

Argo Gold Inc., a development stage company, focuses on the exploration and development of mineral properties in northwestern Ontario. The company explores for gold, silver, cobalt, and zinc deposits. Its flagship project is the 100% owned Uchi gold project covering 22 square kilometers located to the west of Uchi Lake in the Birch-Uchi Greenstone Belt, Ontario; and the 100% owned Talbot Lake gold project covering 760 hectares located in the Uchi geological sub-province. The company was formerly known as Arbitrage Exploration Inc. and changed its name to Argo Gold Inc. in September 2016. Argo Gold Inc. was incorporated in 1995 and is based in Toronto, Canada.

Argo Gold Dividend Announcement

• Argo Gold does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Argo Gold dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Argo Gold Dividend History

Argo Gold Dividend Yield

Argo Gold current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Argo Gold stock? Use our calculator to estimate your expected dividend yield:

Argo Gold Financial Ratios

P/E ratio36.08
PEG ratio-0.37
P/B ratio4.52
ROE15.25%
Payout ratio0.00%
Current ratio0.33
Quick ratio0.33
Cash Ratio0.16

Argo Gold Dividend FAQ

Does Argo Gold stock pay dividends?
Argo Gold does not currently pay dividends to its shareholders.
Has Argo Gold ever paid a dividend?
No, Argo Gold has no a history of paying dividends to its shareholders. Argo Gold is not known for its dividend payments.
Why doesn't Argo Gold pay dividends?
There are several potential reasons why Argo Gold would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Argo Gold ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Argo Gold has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Argo Gold a dividend aristocrat?
Argo Gold is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Argo Gold a dividend king?
Argo Gold is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Argo Gold a dividend stock?
No, Argo Gold is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Argo Gold stocks?
To buy Argo Gold you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Argo Gold stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.