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ARNGF - Argonaut Gold : Whether It's A Turn Around Story Or False Hope
Argonaut Gold Inc
The next company I decided to write about is Argonaut Gold (ARNGF). What stands out about this company is its trading valuation. Currently, it is trading at a price to sales ratio of 1.36, a price to cash flow of roughly 6.6 times its cash flow, and a price to book ratio of 1.14. At the moment, this company is trading roughly less than $0.70 cents below its per share book value. I didn't calculate its Enterprise Value to Earnings Before Interest Taxes and Depreciation (EBITDA) due to the fact that