Several other equities research analysts have also recently weighed in on the stock. Desjardins reduced their price target on shares of Argonaut Gold from C$2.50 to C$1.25 in a research report on Thursday, July 7th. Canaccord Genuity Group raised shares of Argonaut Gold from a sell rating to a hold rating and set a C$1.50 price objective for the company in a research note on Monday, May 23rd. BMO Capital Markets initiated coverage on shares of Argonaut Gold in a research note on Thursday, July 7th. They issued an outperform rating for the company. Royal Bank of Canada lowered their price objective on shares of Argonaut Gold from C$2.75 to C$1.25 in a research note on Wednesday, July 6th. Finally, Scotiabank lowered their price objective on shares of Argonaut Gold from C$3.00 to C$1.25 in a research note on Wednesday, July 6th.
Argonaut Gold Trading Down 13.8 %
Argonaut Gold stock opened at $0.42 on Tuesday. Argonaut Gold has a 1 year low of $0.28 and a 1 year high of $3.23. The firm’s 50 day moving average price is $0.53 and its 200-day moving average price is $1.31.
About Argonaut Gold
Argonaut Gold Inc is a Canadian company engaged in gold mining, mine development, and mineral exploration activities at gold-bearing mineral properties in North America. Its primary assets include the El Castillo and San Agustin mines, which together form the El Castillo Complex located in Durango, Mexico; the La Colorada mine located in Sonora, Mexico; the Florida Canyon mine in Nevada, the United States; and the Cerro del Gallo project in Guanajuato, Mexico.
- Get a free copy of the StockNews.com research report on Argonaut Gold (ARNGF)
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