- Argonaut Gold released its Q1 results last month, reporting record production and record revenue for the second quarter in a row.
- The strong performance was driven by higher production from San Agustin and La Colorada, with additional contributions from Florida Canyon.
- Argonaut Gold continues to look reasonably valued relative to its mid-tier peers, especially considering that it has one of the better organic growth stories.
- Given Argonaut's superior organic growth profile and improving cash flow metrics due to higher gold prices, I would view any pullbacks below US$1.95 as low-risk buying opportunities.
For further details see:
Argonaut Gold: Another Record Quarter For This Mid-Tier Growth Story