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Argo Gold (Argo Gold) EV-to-EBIT : -39.97 (As of May. 21, 2024)


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What is Argo Gold EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Argo Gold's Enterprise Value is $4.48 Mil. Argo Gold's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.11 Mil. Therefore, Argo Gold's EV-to-EBIT for today is -39.97.

The historical rank and industry rank for Argo Gold's EV-to-EBIT or its related term are showing as below:

ARBTF' s EV-to-EBIT Range Over the Past 10 Years
Min: -51.06   Med: -9.62   Max: -5.54
Current: -39.97

During the past 13 years, the highest EV-to-EBIT of Argo Gold was -5.54. The lowest was -51.06. And the median was -9.62.

ARBTF's EV-to-EBIT is ranked worse than
100% of 568 companies
in the Metals & Mining industry
Industry Median: 13.575 vs ARBTF: -39.97

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Argo Gold's Enterprise Value for the quarter that ended in Dec. 2023 was $6.38 Mil. Argo Gold's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.11 Mil. Argo Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1.76%.


Argo Gold EV-to-EBIT Historical Data

The historical data trend for Argo Gold's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Argo Gold EV-to-EBIT Chart

Argo Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.71 -5.25 -3.04 -4.96 -57.82

Argo Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.96 -4.78 -7.18 -8.24 -57.82

Competitive Comparison of Argo Gold's EV-to-EBIT

For the Gold subindustry, Argo Gold's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Argo Gold's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Argo Gold's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Argo Gold's EV-to-EBIT falls into.



Argo Gold EV-to-EBIT Calculation

Argo Gold's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4.477/-0.112
=-39.97

Argo Gold's current Enterprise Value is $4.48 Mil.
Argo Gold's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.11 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Argo Gold  (OTCPK:ARBTF) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Argo Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=-0.112/6.377009
=-1.76 %

Argo Gold's Enterprise Value for the quarter that ended in Dec. 2023 was $6.38 Mil.
Argo Gold's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.11 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Argo Gold EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Argo Gold's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Argo Gold (Argo Gold) Business Description

Traded in Other Exchanges
Address
350 Bay Street, Suite 700, Toronto, ON, CAN, M5H 2S6
Argo Gold Inc is focused on gold exploration projects in central and northwestern Ontario. It is engaged in the acquisition, exploration, and development of mineral properties. Its projects include Uchi Gold Project; Woco Zone in the Uchi Gold Project, and Northgate Zone Uchi Gold Project, NW Ontario Gold Projects, Talbot Lake Gold Project, Angela Lake Gold Project, Zinc Silver Cobalt Projects, Hurdman Zinc-Silver Property, and Keelow Lake Project.

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