Argo Gold (TSE:ARQ) has released an update.
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Argo Gold’s oil production in October 2024 reached 3,651 barrels, generating a revenue of $258,369 and a net operating cash flow of $170,041. Despite operational challenges with the Lloyd 2 well, which led to a drop in production, Argo maintained steady output into November. The company plans to address the well issues with a partial re-drill in early 2025.
For further insights into TSE:ARQ stock, check out TipRanks’ Stock Analysis page.
