Argo Gold Reports Solid Year-End 2023 Reserves

Argo Gold (TSE:ARQ) has released an update.

Argo Gold Inc. disclosed its Year-End 2023 Reserves Report, revealing the company’s holdings in three producing and three planned oil wells in Alberta, along with estimates of their net present values. The report highlights proven and probable reserves, detailing the company’s future net revenue and cash flow projections as of December 31, 2023. Argo Gold, a Canadian oil producer and mineral explorer, has made these findings available on its website and through regulatory filings.

For further insights into TSE:ARQ stock, check out TipRanks’ Stock Analysis page.