Argonaut Gold posts net loss of $152M in ‘challenging' 2022 year

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Argonaut Gold posts net loss of $152M in ‘challenging' 2022 year
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Argonaut Gold posts net loss of $152M in ‘challenging' 2022 year gold mining Argonaut

- Argonaut Gold announced today that the company produced 203,155 gold equivalent ounces in 2022, down 17% compared to 2021 and within its annual guidance.

Argonaut also reported 11% decrease in revenue to $388.3 million in 2022 as a result of lower gold ounces sold, as well as 2022 net loss of $152.2 million compared to net income of $26.5 million in 2021.

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