Argonaut Gold Inc.
0UIK.L
London Stock Exchange0.43
CAD
-0.01
- -
Argonaut Gold Inc.
0UIK.L
(London Stock Exchange)
Recent
price
0.43
P/E
ratio
- -
div
yld
- -
ROIC.AI
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- Business
- Argonaut Gold Inc. was a Canadian enterprise dedicated to gold mining, the advancement of mine sites, and mineral exploration across various gold-bearing properties in North America. Its portfolio of key operating assets included the El Castillo and San Agustin mines, which together formed the El Castillo Complex in Durango, Mexico, alongside the La Colorada mine situated in Sonora, Mexico, and the Florida Canyon mine in Nevada, United States. The company's significant development project was the Magino mine in Ontario, Canada, which commenced commercial production in the third quarter of 2023. Additional advanced exploration endeavors included the Cerro del Gallo project in Guanajuato, Mexico, and the San Antonio project in Baja California Sur, Mexico. Established in 2007, the company was headquartered in Toronto, Canada. In a significant development, Argonaut Gold Inc. was acquired by Alamos Gold Inc. in July 2024. Following this transaction, the Magino mine was integrated into Alamos Gold's operations, while Argonaut's other assets in the United States and Mexico were spun out to form a new independent entity, Florida Canyon Gold Inc..