Argo Gold Inc. (CSE:ARQ)

Argo Gold Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	0.13	0.29	0.07	0.01	0.82
Short-Term Investments	-	-	-	0.08	0.33
Cash & Short-Term Investments	0.13	0.29	0.07	0.09	1.15
Cash Growth	-55.15%	287.13%	-12.28%	-92.57%	-65.26%
Accounts Receivable	0.1	0.2	0.16	-	-
Other Receivables	-	-	0	0.03	0.02
Receivables	0.1	0.2	0.21	0.03	0.02
Prepaid Expenses	0	0	0.1	0.04	0.03
Total Current Assets	0.23	0.5	0.39	0.15	1.21
Property, Plant & Equipment	2.05	2.8	2.39	0.94	0.93
Total Assets	2.28	3.3	2.78	1.09	2.14
Accounts Payable	0.34	0.36	0.41	0.31	0.04
Accrued Expenses	0.3	0.26	0.24	0.16	-
Short-Term Debt	1.11	1.11	1.11	-	-
Current Unearned Revenue	-	-	-	-	0.04
Other Current Liabilities	-	0.01	-	-	-
Total Current Liabilities	1.76	1.74	1.77	0.48	0.08
Other Long-Term Liabilities	0.1	0.08	0.06	-	-
Total Liabilities	1.85	1.83	1.83	0.48	0.08
Common Stock	15.53	15.65	15.56	14.95	14.95
Retained Earnings	-15.1	-14.18	-14.61	-14.77	-13.89
Comprehensive Income & Other	-	-	-	0.44	1.01
Shareholders' Equity	0.43	1.47	0.95	0.61	2.06
Total Liabilities & Equity	2.28	3.3	2.78	1.09	2.14
Total Debt	1.11	1.11	1.11	-	-
Net Cash (Debt)	-0.98	-0.82	-1.03	0.09	1.15
Net Cash Growth	-	-	-	-92.57%	-65.26%
Net Cash Per Share	-0.01	-0.01	-0.01	0.00	0.02
Filing Date Shares Outstanding	70.77	73.57	72.34	65.99	65.99
Total Common Shares Outstanding	70.77	73.57	72.34	65.99	65.99
Working Capital	-1.52	-1.24	-1.38	-0.32	1.13
Book Value Per Share	0.01	0.02	0.01	0.01	0.03
Tangible Book Value	0.43	1.47	0.95	0.61	2.06
Tangible Book Value Per Share	0.01	0.02	0.01	0.01	0.03
Machinery	0	0.02	0	0.02	0.01

Source: S&P Global Market Intelligence. Standard template. Financial Sources.