Argonaut Gold Inc. is a Canadian company engaged in gold mining, mine development, and mineral exploration activities at gold-bearing mineral properties in North America. Its primary assets include the El Castillo and San Agustin mines, which together form the El Castillo Complex located in Durango, Mexico; the La Colorada mine located in Sonora, Mexico; the Florida Canyon mine in Nevada, the United States; and the Cerro del Gallo project in Guanajuato, Mexico. The advanced exploration projects of the company include the San Antonio project in Baja California Sur, Mexico, the Cerro del Gallo project in the State of Guanajuato, Mexico, the Ana Paula project in the State of Guerrero, Mexico, and the Magino project in the Province of Ontario, Canada. The Company also holds several other exploration stage projects, all of which are located in North America. Argonaut Gold Inc. was founded in 2007 and is headquartered in Reno, Nevada.
P/B ratio for Argonaut Gold Inc. (AR.TO)
P/B ratio as of 2023: 0.32
According to Argonaut Gold Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.32. At the end of 2022 the company had a P/B ratio of 0.14.
P/B ratio history for Argonaut Gold Inc. from 2007 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.32 |
| 2022 | 0.14 |
| 2021 | 0.70 |
| 2020 | 0.65 |
| 2019 | 0.50 |
| 2018 | 0.33 |
| 2017 | 0.56 |
| 2016 | 0.45 |
| 2015 | 0.25 |
| 2014 | 0.31 |
| 2013 | 0.90 |
| 2012 | 1.12 |
| 2011 | 1.86 |
| 2010 | 1.89 |
| 2009 | 1.31 |
| 2008 | 1.40 |
| 2007 | 1.01 |