ARBTF (Argo Gold) Operating Margin %: -174.26% (As of Dec. 2025)


What is Argo Gold Operating Margin %?

Argo Gold ARBTF Operating Margin % is -174.26% as of Dec. 2025. The stock has 3 warning signs investors should review. Among 841 Metals & Mining companies, Argo Gold ranks worse than 70.51% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Argo Gold's Operating Income for the three months ended in Dec. 2025 was $-0.24 Mil. Argo Gold's Revenue for the three months ended in Dec. 2025 was $0.14 Mil. Therefore, Argo Gold's Operating Margin % for the quarter that ended in Dec. 2025 was -174.26%.

The historical rank and industry rank for Argo Gold's Operating Margin % or its related term are showing as below:

ARBTF' s Operating Margin % Range Over the Past 10 Years
Min: -11.51   Med: 17.42   Max: 26.76
Current: -11.51


ARBTF's Operating Margin % is ranked worse than
70.51% of 841 companies
in the Metals & Mining industry
Industry Median: 5.79 vs ARBTF: -11.51

Argo Gold's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Argo Gold's Operating Income for the three months ended in Dec. 2025 was $-0.24 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $-0.13 Mil.


Argo Gold  (OTCPK:ARBTF) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Argo Gold Operating Margin % Related Terms


Argo Gold Operating Margin % Historical Data

* Premium members only.

The historical data trend for Argo Gold's Operating Margin % 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.

Argo Gold Operating Margin % Chart

Argo Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 17.46 26.75 -4.90

Argo Gold Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Operating Margin % 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 -7.63 28.86 -29.35 28.79 -174.26

ARBTF vs NEM, AU: Operating Margin % Comparison

For the Gold subindustry, Argo Gold's Operating Margin %, along with its competitors' market caps and Operating Margin % 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 Operating Margin % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Argo Gold's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Argo Gold's Operating Margin % falls into.



Argo Gold Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Argo Gold's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=-0.054 / 1.102
=-4.90 %

Argo Gold's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=-0.237 / 0.136
=-174.26 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of -174.26% mean?
Argo Gold (ARBTF) has a Operating Margin % of -174.26% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Argo Gold and its competitors. According to the industry distribution chart, Argo Gold ranks #593 out of 841 companies in the Metals & Mining industry, placing it in the top 70.5%.
Is Argo Gold's Operating Margin % too high?
Argo Gold's current Operating Margin % is -174.26%. Based on the distribution chart, Argo Gold ranks #593 out of 841 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Argo Gold's Operating Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Argo Gold ranks #593 out of 841 companies for Operating Margin %. This places Argo Gold in the lower half of its industry. The industry median Operating Margin % is 5.79. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Metals & Mining company?
The median Operating Margin % among Metals & Mining companies is 5.79, based on 841 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Argo Gold and its competitors. For the Metals & Mining industry, the median Operating Margin % is 5.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argo Gold's current Operating Margin % is -174.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argo Gold stock overvalued right now?
Based on GuruFocus' analysis, Argo Gold (ARBTF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.05, compared to a current price of $0.06 — trading 27.8% above its estimated fair value. The current Operating Margin % is -174.26%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Argo Gold (ARBTF), the current Operating Margin % is -174.26% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Argo Gold Business Description

Other Exchanges P3U:GermanyARQ:Canada
Address 25 Adelaide Street, East, Suit 1400, Toronto, ON, CAN, M5C 3A1
Argo Gold Inc is currently engaged in the acquisition, exploration, and development of mineral properties, and the production, exploration, and development resource properties in Western Canada. Its project includes Oil Production in Alberta includes Mining Projects in Ontario, Strategic Metals Northeast Ontario; Uchi Gold Project includes Woco Zone in the Uchi Gold Project, Raingold Zone at Uchi Lake Gold Project, Northgate Zone Uchi Gold Project, Northwestern Ontario Gold Projects includes Talbot Lake Gold Project, Angela Lake Gold Project; North East Ontario Strategic Minerals includes Hurdman Zinc-Silver Property (Zn-Ag); Saskatchewan Strategic Metals includes North Saskatchewan Mineral Claims, Saskatchewan Uranium Mineral Claims.