Argo Gold Inc.

ARQ.CNCNQBasic Materials● Active

$0.08

$-0.02(-20.00%)

Market Cap$5767022

P/E Ratio—

52W High$0.145

52W Low$0.05

Avg Volume32K

Open$0.11

Beta-0.57

Overview

Argo Gold Inc. (ARQ.CN) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ARQ.CN · free cash flow · updated Jun 13, 2026

Core FCF metrics

ARQ.CN · FCF · TTM · margin & CAGR

Free cash flow was −$29,980 for FY2025 (fiscal year ending 2025-12-31), down 112.6% year-over-year The FCF margin was -2.0%.

FY2025 Free Cash Flow−$29,980▼ -112.6% YoY

Trailing 12M (TTM)−$22,973trailing 4 quarters sum

FCF Margin-2.0%−$29,980 ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 13, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

ARQ.CN · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$116,071(0M)−$29,980▼ 112.6%-2.0%

FY2024$952,431(1M)$238,168▲ +114.2%10.6%

FY2023$122,013(2M)−$1.7M▼ 105.2%-175.6%

FY2022−$807,695(0M)−$815,063▲ +58.9%—

FY2021−$2.0M(0M)−$2.0M▼ 30.1%—

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

ARQ.CN · P/FCF · FCF yield · FCF per share

Argo Gold Inc. (ARQ.CN) reported negative free cash flow of −$0.00B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

ARQ.CN · cash flow statement · operating / investing / financing

For FY2025, Argo Gold Inc. generated $0.1M in operating cash flow and spent 0M in capital expenditures, yielding −$0.0M in free cash flow.

Operating Activities

+$0.1M

Cash from core business operations

2025-12-31

Investing Activities

−$0.2M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$0.1M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($0.1M) − |CapEx| (0M) = FCF (−$0.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Basic Materials)

ARQ.CN vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Argo Gold Inc.YOU

ARQ.CN

−$29,980-112.6%-2.0%

Loss

Southern Copper Corporation

Basic Materials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Argo Gold Inc. (ARQ.CN) reported free cash flow of −$29,980 for FY2025 (fiscal year ending 2025-12-31), down 112.6% year-over-year. The FCF margin was -2.0%.

Based on available data, Argo Gold Inc. has maintained positive free cash flow for at least 1 fiscal year(s). FCF peaked at $238,168 in FY2024.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

ARQ.CN free cash flow · 8 questions

Argo Gold Inc. free cash flow was −$29,980 for FY2025, down 112.6% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$22,973.

ARQ.CN free cash flowARQ.CN FCFARQ.CN FCF 2025ARQ.CN free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Argo Gold Inc. · Argo Gold Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 13, 2026