Core Insights - The company achieved a 10% year-over-year revenue growth in FY 2024, reaching $109.0 million, primarily driven by a turnaround in the PAC business and a 14% increase in Average Sales Price (ASP) in Q4 2024 [1][5][7] - Gross margins improved by approximately 410 basis points year-over-year to 36.2%, with three consecutive quarters of positive Adjusted EBITDA, indicating sustained improvement in the PAC business [1][5][9] - The company successfully completed a $30 million asset-backed lending facility, enhancing financial flexibility and reducing financing costs [1][5][24] Financial Highlights - Revenue for FY 2024 was $109.0 million, up from $99.2 million in the previous year, driven by higher ASP and product diversification [5][7] - Gross margin for FY 2024 was 36.2%, compared to 32.1% in FY 2023, attributed to increased revenue and cost reductions [9] - The net loss for FY 2024 was $5.1 million, significantly improved from a net loss of $12.2 million in the prior year [12] Operational Highlights - The company reported an Adjusted EBITDA of $7.7 million for FY 2024, a turnaround from an Adjusted EBITDA loss of $2.6 million in the previous year [13] - Capital expenditures for FY 2024 totaled $85.2 million, primarily for the development of the Red River facility [22] - The first production of granular activated carbon (GAC) at the Red River facility is expected by the end of Q1 2025, with a ramp-up to a nameplate capacity of 25 million pounds anticipated in H2 2025 [1][5][22] Management Commentary - The CEO emphasized the successful transformation of the PAC business into a cash flow contributor, highlighting the positive trajectory of the company's performance [6] - The CEO acknowledged frustrations regarding capital expenditure overruns but expressed confidence in the long-term profitability and returns profile [6] - The imminent start of GAC production is viewed as a major milestone, with expectations for rapid ramp-up to full capacity [6]

Company Overview - Arq, Inc. is a producer of activated carbon and environmentally efficient carbon products aimed at purification and sustainable materials [1][3] - The company is the only vertically integrated producer of activated carbon products in North America, ensuring a reliable domestic supply of innovative products [3] Upcoming Event - Bob Rasmus, CEO of Arq, will participate in the Water Tower Research Fireside Chat Series on March 10, 2025, at 11:00 AM Eastern Standard Time [1] - The event is open access for all investors, and registration is available through a provided link [2] Environmental Impact - Arq focuses on developing solutions to remove harmful chemicals and pollutants from water, land, and air, contributing to a cleaner and safer planet [3]

Core Viewpoint - Arq, Inc. is set to announce its fourth quarter and full-year 2024 earnings results on March 5, 2025, followed by a conference call on March 6, 2025, to discuss financial performance [1][2]. Earnings Conference Call - The financial results will be released after market close on March 5, 2025, with a conference call scheduled for March 6, 2025, at 8:30 a.m. Eastern Time [2]. - A supplemental investor presentation will be available on the Company's website prior to the conference call [4]. Conference Call Access - Interested parties can access the conference call via a webcast link or by dialing specific phone numbers [3][4]. - A replay of the conference call will be available shortly after the event, with specific access details provided [4]. Upcoming Investor Conferences - Arq management will participate in several upcoming investor conferences, including: - Canaccord Genuity Sustainability Virtual Summit on February 26, 2025 [5]. - 37th Annual ROTH Conference from March 16-18, 2025, in Dana Point, CA [5]. - Gabelli Funds' 16th Annual Specialty Chemicals Symposium on March 20, 2025, virtually [5]. Company Overview - Arq, Inc. is a diversified environmental technology company focused on producing activated carbon and other sustainable materials [6]. - The company is the only vertically integrated producer of activated carbon products in North America, emphasizing its role in providing innovative solutions for environmental purification [6].

Core Viewpoint - Arq, Inc. is set to announce its fourth quarter and full-year 2024 earnings results on March 5, 2025, followed by a conference call on March 6, 2025, to discuss financial performance [1][2]. Earnings Conference Call - The financial results will be released after market close on March 5, 2025, and a conference call will take place on March 6, 2025, at 8:30 a.m. Eastern Time [2]. - A supplemental investor presentation will be available on the Company's website prior to the conference call [4]. Conference Call Access - Interested parties can access the conference call via a webcast link or by dialing specific phone numbers [3][4]. - A replay of the conference call will be available shortly after the event and can be accessed through the same webcast link or by dialing designated numbers [4]. Upcoming Investor Conferences - Arq management will participate in several upcoming investor conferences, including: - Canaccord Genuity Sustainability Virtual Summit on February 26, 2025 [5]. - 37th Annual ROTH Conference from March 16-18, 2025, in Dana Point, CA [5]. - Gabelli Funds' 16th Annual Specialty Chemicals Symposium on March 20, 2025, in New York, NY, attending virtually [5]. Company Overview - Arq, Inc. is a diversified environmental technology company focused on producing activated carbon and other sustainable materials [6]. - The company is the only vertically integrated producer of activated carbon products in North America, providing a reliable domestic supply of high-demand products [6].

Core Viewpoint - Arq, Inc. is on track to commence initial production of its Granular Activated Carbon (GAC) in Q1 2025, with a ramp-up to a full run-rate of 25 million pounds targeted for H2 2025, while also progressing well in customer negotiations for GAC contracts [1][2][3]. GAC Production and Ramp-Up Timeline - Initial production of GAC at the Red River facility is expected to start in Q1 2025, with a ramp-up to reach an annual run-rate of 25 million pounds by H2 2025 [2]. - The company anticipates gaining visibility on potential capacity enhancements once full production capacity is achieved [2]. GAC Customer Engagement & Contract Update - Arq is making significant progress in commercial discussions for GAC, engaging with various customers, including those related to PFAS and biogas [3]. - The company is strategically holding back on additional contract commitments to diversify end-use markets and prioritize profitability over volume [3]. - Contracting and sales will align with the production ramp-up timeline in H2 2025 [3]. Capital Expenditures & Cost Management - Capital expenditures for the GAC expansion at Red River in Q4 2024 were slightly above expectations, totaling approximately $80 million for the full year 2024 [4]. - The increase in costs is attributed to additional professional services and increased piping needs, but the company does not expect similar overruns for the second phase of GAC development [4]. - Arq is evaluating opportunities for cost optimization and efficiency gains as production scales [4]. Commencement of Legal Proceedings - The company has initiated legal proceedings against its design firm for alleged negligence and breach of contract, which it claims resulted in increased costs and delays [5]. - Arq is seeking damages related to these increased costs and delays but believes that product performance will not be impacted [5]. Upcoming Financial Results - Arq plans to release its Q4 and full-year 2024 financial results on March 5, 2025, along with details for an upcoming earnings conference call [6].

Core Insights - Argo Gold Inc reported December 2024 oil production of 3,321 barrels, averaging 107 barrels per day, with oil prices averaging CDN$72 per barrel [1] - The company's oil revenue for December 2024 was $238,223, and net operating cash flow was $154,781 [1] Production Details - Lindbergh 1 produced 106 bbl/day, contributing $88,314 to revenue and $58,944 to net operating cash flow [1] - Lloyd 1, with an 18.75% interest, produced 158 bbl/day, generating $66,242 in revenue and $43,512 in cash flow [1] - Lindbergh 2 also at 37.5% interest produced 51 bbl/day, resulting in $42,760 in revenue and $26,905 in cash flow [1] - Lloyd 2 produced 9 bbl/day, contributing $3,838 to revenue and $332 to cash flow [1] - Lindbergh 3 produced 90 bbl/day, generating $37,069 in revenue and $25,088 in cash flow [1] January 2025 Production - Argo's oil production for January 2025 was approximately 3,554 barrels, averaging 115 barrels per day [1]

Core Viewpoint - Argo Gold Inc. has expanded its mineral claims in the Rottenstone Belt, now totaling 26,600 hectares, and is positioned to advance mineral exploration in a historically underexplored area with promising geological indicators [1][4]. Company Developments - The company acquired an additional 4,608 hectares of mineral claims in the Rottenstone Belt, located 140 km north of La Ronge, Saskatchewan [1]. - Argo has completed a compilation of historic data on its mineral claims, identifying additional prospective exploration areas with anomalous gold, silver, and copper [4]. - The company has entered into a marketing contract for social media engagement, with an initial term of 90 days and a payment of CAD$15,000 [7]. Industry Context - The Rottenstone Belt has seen minimal exploration since the late 1960s, but recent exploration results have sparked renewed interest in the area [1]. - Historical mining in the region, particularly the Rottenstone Mine, produced significant quantities of nickel, copper, gold, and platinum group metals [2]. - Saskatchewan is ranked third globally for mineral exploration and mining investment attractiveness, providing a favorable environment for Argo's exploration activities [5].

Company Overview - Argo Gold Inc. is a Canadian mineral exploration and development company, also involved in oil production [3] Oil Production Summary - In November 2024, Argo Gold produced a total of 3,597 barrels of oil, averaging 120 barrels per day [1] - The average oil price in November 2024 was CDN$72 per barrel, resulting in oil revenue of $258,042 and net operating cash flow of $153,014 [1] - December 2024 oil production was approximately 3,367 barrels, averaging 109 barrels per day [2] Production Breakdown - Lindbergh 1 (37.5% interest): 119 bbl/day production, $95,885 revenue, $66,832 net operating cash flow [1] - Lloyd 1 (18.75% interest): 159 bbl/day production, $64,230 revenue, $42,880 net operating cash flow [1] - Lindbergh 2 (37.5% interest): 65 bbl/day production, $52,177 revenue, $21,142 net operating cash flow [1] - Lloyd 2 (18.75% interest): 14 bbl/day production, $5,687 revenue, with a net operating cash flow of ($4,861) [1] - Lindbergh 3 (18.75% interest): 99 bbl/day production, $40,063 revenue, $27,021 net operating cash flow [1] Operational Challenges - Lloyd 2 experienced a collapse in the horizontal well bore, leading to a significant drop in production to near zero after producing about 8,000 barrels from mid-September to late October [1] - Repair attempts for the operational well in November and December have not been successful, resulting in very low production levels [1]

Core Insights - The article emphasizes the importance of timing and sustainability in short-term investing, highlighting that while trends can be beneficial, ensuring their longevity is crucial for success [1][2]. Group 1: Stock Performance - Arq, Inc. (ARQ) has shown a solid price increase of 41.5% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also maintained a price increase of 4.2% over the last four weeks, suggesting that the upward trend is still intact [5]. - Currently, ARQ is trading at 87.8% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - ARQ holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for investors seeking stocks with strong fundamentals and upward price momentum [3]. - The article suggests that there are multiple stocks passing through this screen, indicating a broader opportunity for trend investing [8].

Toronto, Ontario--(Newsfile Corp. - December 23, 2024) - Argo Gold Inc. (CSE: ARQ) (OTC Pink: ARBTF) (FSE: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") (CSE: ARQ, OTC: ARBTF and XFRA, XSTU, XBER: A2ASDS) has entered into an agreement to acquire an additional mineral claim in Saskatchewan pursuant to which Argo Gold can acquire a 100% interest in the Thunderclap mineral claim located in the Athabasca Basin which covers an area of 97 hectares for $1,000 in cash payable to the vendor. Argo ...