Argonaut Gold (AR) PT Raised to C$5.00

Argonaut Gold (TSE:AR) had its price target lifted by analysts at Canaccord Genuity from C$4.25 to C$5.00 in a research note issued on Friday. Canaccord Genuity’s price objective indicates a potential upside of 84.50% from the company’s previous close.

Shares of Argonaut Gold (TSE:AR) traded up C$0.01 during mid-day trading on Friday, hitting C$2.71. 177,698 shares of the company were exchanged, compared to its average volume of 440,783. The stock has a market cap of $480.48, a PE ratio of 19.36 and a beta of -0.33. Argonaut Gold has a 12 month low of C$1.76 and a 12 month high of C$2.92.

Argonaut Gold (TSE:AR) last announced its quarterly earnings results on Thursday, November 2nd. The mining company reported C($0.01) EPS for the quarter. Argonaut Gold had a net margin of 1.53% and a return on equity of 0.28%.

ILLEGAL ACTIVITY NOTICE: This story was first reported by Community Financial News and is the sole property of of Community Financial News. If you are reading this story on another site, it was copied illegally and reposted in violation of United States and international copyright & trademark law. The original version of this story can be viewed at

Argonaut Gold Company Profile

Argonaut Gold Inc is engaged in gold mining, mine development and mineral exploration activities at gold-bearing mineral properties in North America. The Company’s segments are El Castillo, La Colorada, San Antonio, Magino, and Corporate and other. It owns the producing El Castillo mine, which is located approximately 100 kilometers north of the city of Durango and construction-stage San Agustin property, which is located approximately 10 kilometers from the El Castillo Mine; the producing La Colorada mine, which is located approximately 40 kilometers southeast of Hermosillo, Sonora State, Mexico; the exploration-stage San Antonio property, which is located approximately 40 kilometers southeast from the port city of La Paz in the State of Baja California Sur, Mexico; the exploration-stage Magino property, which is located approximately 40 kilometers northeast of Wawa in the Province of Ontario, Canada, and several other exploration-stage projects, which are located in North America.

Receive News & Ratings for Argonaut Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Argonaut Gold and related companies with's FREE daily email newsletter.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit