Argonaut Competitors

Delisted . USA . 
Stock . Argonaut Gold
ARNGFDelisted Stock  USD 0.37  0.00  0.00%   
Argonaut Gold competes with Aurion Resources, Rio2, Minera Alamos, Liberty Gold, and K92 Mining; as well as few others. The company classifies itself under Metals & Mining sector and is part of Materials industry. Analyzing Argonaut Gold competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Argonaut Gold to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Argonaut Gold competition on your existing holdings.
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
0.370.370.37
Details
Intrinsic
Valuation
LowRealHigh
0.300.300.41
Details
Naive
Forecast
LowNextHigh
0.390.390.39
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.360.370.37
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Argonaut Gold. Your research has to be compared to or analyzed against Argonaut Gold's peers to derive any actionable benefits. When done correctly, Argonaut Gold's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Argonaut Gold.

Argonaut Gold Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Argonaut Gold and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of Argonaut and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Argonaut Gold does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
TORXF
+ 0.9
KNTNF
MAIFF
+ 0.87
RIOFF
DNGDF
+ 0.87
TORXF
KNTNF
+ 0.86
RIOFF
DNGDF
+ 0.85
KNTNF
MAIFF
+ 0.84
AIRRF
  
High negative correlations   
MGDPF
- 0.82
AIRRF
MGDPF
- 0.75
MAIFF
MGDPF
- 0.71
RIOFF
DNGDF
- 0.63
MGDPF
LGDTF
- 0.58
OSIIF
TORXF
- 0.53
MGDPF

Risk-Adjusted Indicators

There is a big difference between Argonaut Pink Sheet performing well and Argonaut Gold Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Argonaut Gold's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
AIRRF  2.38  0.19  0.00 (0.19) 2.92 
(3.54)
 5.13 
(6.12)
 15.14 
MZZMF  6.11  1.17  0.07  1.09  6.30 
(21.37)
 14.29 
(14.29)
 116.00 
RIOFF  2.30  0.29  0.04 (2.51) 2.19 
(4.29)
 5.77 
(4.26)
 16.67 
MAIFF  3.54  0.41  0.02 (0.21) 3.77 
(6.12)
 8.70 
(5.56)
 32.05 
OSIIF  0.70  0.12 (0.01)(0.98) 0.83 
(1.33)
 1.60 
(1.57)
 6.84 
LGDTF  3.23 (0.51) 0.00  10.49  0.00 
 0.00 
 4.76 
(6.90)
 18.80 
MGDPF  2.37 (0.03) 0.00  0.80  0.00 
 0.00 
 5.66 
(4.41)
 13.61 
KNTNF  2.24  0.32  0.06 (1.12) 2.43 
(2.33)
 5.11 
(4.20)
 22.74 
TORXF  2.03  0.08 (0.02)(1.72) 2.65 
(2.12)
 5.14 
(4.09)
 16.53 
DNGDF  1.28  0.12  0.01  0.95  1.65 
(1.55)
 3.69 
(2.81)
 9.36 
All Fundamental Data

Argonaut Gold Competitive Analysis

The better you understand Argonaut Gold competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Argonaut Gold's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Argonaut Gold's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
ARNGF AIRRF MZZMF RIOFF MAIFF OSIIF LGDTF MGDPF KNTNF TORXF
 0.00 
 0.37 
Argonaut
 2.44 
 0.42 
Aurion
 0.00 
 0.06 
Matador
 4.00 
 0.48 
Rio2
 4.55 
 0.21 
Minera
 0.00 
 1.40 
Osino
 4.55 
 0.21 
Liberty
 1.54 
 0.64 
Marathon
 0.31 
 6.44 
K92
 3.69 
 21.10 
Torex
Market Volatility
(90 Days Market Risk)
Very steady
Abnormally volatile
Very steady
Abnormally volatile
Out of control
Very steady
Out of control
Very steady
Slightly risky
Not too volatile
Market Performance
(90 Days Performance)
Very Weak
Insignificant
Very Weak
Modest
Modest
Very Weak
Very Weak
Very Weak
OK
Insignificant
Odds of Financial Distress
(Probability Of Bankruptcy)
Dangerous
Above Average
Dangerous
Low
Quite High
Dangerous
Quite High
Dangerous
Low
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Fairly Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Not Rated
Strong Sell
Not Rated
Strong Sell
Strong Sell
Not Rated
Strong Sell
Not Rated
Strong Sell
Strong Sell
Current Ratio
1.39
16.9
2.18
4.45
5.07
2.23
11.92
7.28
3.51
3.17
Net Asset
1.27 B
65.35 M
47.8 M
95.7 M
36.42 M
14.09 M
53.33 M
240.77 M
273.02 M
1.36 B
Profit Margin
-0.0367
N/A
-1.9
N/A
0.24
N/A
N/A
N/A
0.21
0.18
EBITDA
116.08 M
(7.24 M)
(4.67 M)
(11.59 M)
(1.9 M)
(26.74 M)
(29.12 M)
(8.93 M)
62.02 M
460.2 M
Operating Margin
-0.0552
N/A
-1.62
N/A
0.23
N/A
N/A
N/A
0.37
0.35
Current Valuation
347.51 M
35.27 M
27.8 M
32.31 M
128.82 M
88.24 M
107.07 M
154 M
1.29 B
557.93 M
Price To Book
0.26
1.08
1.08
0.48
4.29
411.46
2.98
1.0
4.79
0.71
Retained Earnings
N/A
N/A
N/A
N/A
N/A
(23.18 M)
N/A
N/A
(940 K)
N/A
Current Asset
N/A
N/A
N/A
N/A
N/A
14.9 M
N/A
N/A
1.09 M
N/A
Beta
1.49
1.6
1.75
1.96
1.14
0.86
1.33
1.45
0.86
1.03
Number Of Employees
22
14
7
16
14
13
21
34
14
30
Shares Outstanding
837.48 M
117.86 M
315.22 M
257.64 M
457.68 M
156.59 M
317.83 M
395.79 M
233 M
85.84 M
Cash Flow From Operations
130.69 M
(1.97 M)
(3.44 M)
(9.33 M)
(5.45 M)
(21.71 M)
(20.94 M)
(5.64 M)
61.22 M
330 M
Annual Yield
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Total Debt
124.65 M
30.38 K
N/A
857.2 K
410.82 K
339.64 K
453.66 K
1.56 M
11.72 M
4.4 M
Return On Equity
-0.0158
-0.14
-0.13
-0.0792
0.13
-8.92
-0.56
-0.0297
0.15
0.13
Z Score
1.8
N/A
N/A
29.4
N/A
N/A
N/A
N/A
61.2
N/A
Return On Asset
-0.0105
-0.0569
-0.0598
-0.0977
0.0716
-2.5
-0.37
-0.0158
0.14
0.13
Book Value Per Share
1.27
0.49
0.19
0.31
0.099
0.002
0.14
0.94
1.27
14.63
Number Of Shares Shorted
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Current Liabilities
N/A
N/A
N/A
N/A
N/A
7.09 M
N/A
N/A
1.34 M
N/A
Total Asset
1.27 B
65.35 M
47.8 M
95.7 M
36.42 M
14.09 M
53.33 M
240.77 M
273.02 M
1.36 B
Debt To Equity
0.21
N/A
N/A
0.01
0.011
0.054
0.008
0.006
0.046
0.003
Target Price
4.74
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Last Dividend Paid
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Short Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Shares Owned By Institutions
49.49
18.78
12.21
14.38
8.4
15.88
29.21
45.56
56.61
76.09
Market Capitalization
373.98 M
55.98 M
19.85 M
42.61 M
131.9 M
101.16 M
125.95 M
262.36 M
1.2 B
1.1 B
Price To Earning
4.85
-202.0
N/A
N/A
34.46
4.62
10.89
-90.0
30.0
7.17
Price To Sales
0.67
N/A
10.09
N/A
6.49
N/A
N/A
N/A
7.35
1.18
Net Income
26.53 M
(7.38 M)
(5.51 M)
(10.53 M)
(2.06 M)
(25.88 M)
(29.74 M)
(7.07 M)
27.24 M
151.7 M
Earnings Per Share
0.01
-0.052
-0.018
-0.042
0.01
-0.18
-0.12
-0.026
0.16
1.68
Shares Owned By Insiders
0.39
10.86
19.45
21.45
13.29
11.91
6.42
1.52
3.56
0.44
Revenue
436.91 M
N/A
2.91 M
N/A
N/A
N/A
N/A
N/A
154.33 M
855.8 M
Working Capital
N/A
N/A
N/A
N/A
N/A
7.82 M
N/A
N/A
(250 K)
N/A
Cash And Equivalents
75.91 M
19.38 M
3.1 M
13.61 M
9.03 M
7.93 M
26.54 M
62 M
81.73 M
310.7 M
Cash Per Share
0.1
0.17
0.01
0.05
0.02
0.06
0.08
0.24
0.36
3.62
Gross Profit
185.85 M
(8.48 K)
2.91 M
N/A
N/A
N/A
N/A
N/A
71.03 M
524.8 M
Day Typical Price
0.37
0.41
0.0648
0.49
0.21
1.4
0.21
0.64
6.48
21.04
Accumulation Distribution
0.0526
0.0476
N/A
0.04
0.0476
N/A
N/A
0.0308
52.7
7.25
Market Facilitation Index
0.02
0.02
N/A
0.02
0.01
N/A
N/A
0.02
0.0
2.0E-4
Daily Balance Of Power
N/A
0.5
0.0
(1.00)
(1.00)
0.0
(9,223,372,036,855)
(0.50)
(0.18)
4.166667
Period Momentum Indicator
N/A
0.01
N/A
(0.02)
(0.01)
N/A
(0.01)
(0.01)
(0.02)
0.75
Rate Of Daily Change
1.0
1.02
1.0
0.96
0.95
1.0
0.95
0.98
1.0
1.04
Day Median Price
0.37
0.41
0.0648
0.49
0.21
1.4
0.21
0.64
6.5
21.01
Price Action Indicator
N/A
0.015
N/A
(0.02)
N/A
N/A
(0.01)
(0.01)
(0.07)
0.46
Relative Strength Index
10.02
70.13
89.64
40.87
25.41
56.26
30.26
86.47
51.57
51.25
Coefficient Of Variation
820.71
2578.55
1243.47
1113.38
1825.96
989.68
(806.96)
(14,784)
1118.86
3354.18
Mean Deviation
1.75
2.38
6.11
2.3
3.54
0.6995
3.23
2.37
2.24
2.03
Jensen Alpha
0.2634
0.1942
1.17
0.2929
0.4129
0.1226
(0.51)
(0.03)
0.3177
0.0826
Total Risk Alpha
(0.1)
(0.40)
(1.28)
(0.23)
(0.52)
(0.08)
(1.16)
(0.53)
(0.24)
(0.38)
Sortino Ratio
0.0468
(0.0006)
0.0747
0.044
0.0249
(0.01)
N/A
N/A
0.0597
(0.02)
Downside Variance
12.76
21.36
255.42
13.05
32.55
3.41
N/A
N/A
7.76
8.05
Standard Deviation
2.44
3.29
16.46
3.22
4.98
1.18
4.08
3.14
3.32
2.92
Kurtosis
0.1421
0.091
37.25
1.07
1.91
4.35
(0.18)
0.3615
7.68
1.41
Potential Upside
3.33
5.13
14.29
5.77
8.7
1.6
4.76
5.66
5.11
5.14
Treynor Ratio
1.43
(0.19)
1.09
(2.51)
(0.21)
(0.98)
10.49
0.8018
(1.12)
(1.72)
Maximum Drawdown
12.13
15.14
116.0
16.67
32.05
6.84
18.8
13.61
22.74
16.53
Variance
5.97
10.85
271.0
10.39
24.8
1.39
16.67
9.89
11.03
8.55
Market Risk Adjusted Performance
1.44
(0.18)
1.1
(2.50)
(0.20)
(0.97)
10.5
0.8118
(1.11)
(1.71)
Risk Adjusted Performance
0.1
0.0373
0.071
0.0763
0.0503
0.0808
(0.09)
0.0024
0.076
0.0302
Skewness
0.105
(0.31)
5.3
0.6928
0.3653
0.2271
0.0745
0.6537
1.72
0.3329
Semi Deviation
1.72
2.92
6.3
2.19
3.77
0.8325
N/A
N/A
2.43
2.65
Information Ratio
0.0685
(0.0008)
0.0725
0.0494
0.0286
(0.01)
(0.16)
(0.05)
0.0501
(0.01)
Value At Risk
(3.23)
(6.12)
(14.29)
(4.26)
(5.56)
(1.57)
(6.90)
(4.41)
(4.20)
(4.09)
Expected Short fall
(3.51)
(3.54)
(21.37)
(4.29)
(6.12)
(1.33)
N/A
N/A
(2.33)
(2.12)
Downside Deviation
3.57
4.62
15.98
3.61
5.71
1.85
N/A
N/A
2.79
2.84
Semi Variance
2.95
8.52
39.7
4.81
14.19
0.6931
N/A
N/A
5.91
7.01

Argonaut Gold Competition Performance Charts

Five steps to successful analysis of Argonaut Gold Competition

Argonaut Gold's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Argonaut Gold in relation to its competition. Argonaut Gold's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Argonaut Gold in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Argonaut Gold's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Argonaut Gold, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Argonaut Gold position

In addition to having Argonaut Gold in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Stores Thematic Idea Now

Stores
Stores Theme
Companies providing different types of retail and wholesale services. The Stores theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Stores Theme or any other thematic opportunities.
View All  Next Launch
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Other Consideration for investing in Argonaut Pink Sheet

If you are still planning to invest in Argonaut Gold check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Argonaut Gold's history and understand the potential risks before investing.
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
CEOs Directory
Screen CEOs from public companies around the world
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY