Argo Gold (TSE:ARQ) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Argo Gold Inc. reported an August 2024 oil production of 3,154 barrels, averaging 102 barrels per day, with a net operating cash flow of $156,699. The company’s oil revenue for the month stood at $230,111, benefiting from an average oil price of CDN$73 per barrel. Additionally, Argo Gold announced its participation in the development drilling of a third oil well at Lindbergh and a new production from a second well at Lloyd.
For further insights into TSE:ARQ stock, check out TipRanks’ Stock Analysis page.
