Scotiabank Reaffirms Outperform Rating for Argonaut Gold Inc (AR)

Scotiabank restated their outperform rating on shares of Argonaut Gold Inc (TSE:AR) in a report issued on Tuesday morning. They currently have a C$5.00 price objective on the mining company’s stock.

AR has been the topic of a number of other research reports. BMO Capital Markets lowered Argonaut Gold from an outperform rating to a market perform rating in a report on Friday, July 15th. Desjardins reaffirmed a hold rating and set a C$3.50 price objective on shares of Argonaut Gold in a report on Tuesday, June 14th. Finally, Canaccord Genuity upped their price objective on Argonaut Gold from C$3.00 to C$4.25 in a report on Tuesday, July 12th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has a consensus rating of Hold and a consensus price target of C$3.92.

Argonaut Gold (TSE:AR) opened at 2.76 on Tuesday. The stock’s 50 day moving average price is $3.49 and its 200 day moving average price is $3.18. The stock’s market cap is $437.37 million. Argonaut Gold has a 12-month low of $0.78 and a 12-month high of $4.45.

About Argonaut Gold

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 in the State of Durango, Mexico; the producing La Colorada mine in the State of Sonora, Mexico; the advanced exploration-stage San Antonio property in the State of Baja California Sur, Mexico; the advanced exploration-stage Magino property in the Province of Ontario, Canada; the advanced exploration-stage San Agustin property located approximately 10 kilometers from the El Castillo mine in the State of Durango, Mexico, and various other exploration stage projects, all of which are located in North America.

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

Leave a Reply

© 2006-2016 Mideast Time.