Argonaut Gold Inc. (TSE:AR – Get Rating) has received a consensus recommendation of “Moderate Buy” from the nine ratings firms that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is C$3.01.
Several equities research analysts have recently weighed in on AR shares. Royal Bank of Canada decreased their target price on shares of Argonaut Gold from C$2.75 to C$1.25 and set an “outperform” rating for the company in a research note on Wednesday. Canaccord Genuity Group upgraded shares of Argonaut Gold to a “hold” rating and set a C$1.32 target price for the company in a research note on Monday, May 23rd.
In other Argonaut Gold news, Director Daniel Arthur Symons sold 56,883 shares of the stock in a transaction dated Tuesday, May 17th. The shares were sold at an average price of C$1.22, for a total value of C$69,397.26. Following the completion of the transaction, the director now directly owns 239,235 shares of the company’s stock, valued at C$291,866.70.
Shares of AR stock opened at C$0.43 on Thursday. The company has a current ratio of 1.84, a quick ratio of 1.14 and a debt-to-equity ratio of 22.79. The firm has a fifty day moving average price of C$1.18 and a 200 day moving average price of C$1.94. The company has a market cap of C$141.42 million and a P/E ratio of 42.50. Argonaut Gold has a 12 month low of C$0.41 and a 12 month high of C$4.09.
Argonaut Gold (TSE:AR – Get Rating) last released its quarterly earnings data on Wednesday, May 11th. The mining company reported C$0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.04 by C($0.01). The business had revenue of C$134.02 million for the quarter. On average, equities analysts forecast that Argonaut Gold will post 0.2924445 EPS for the current year.
Argonaut Gold Company Profile (Get Rating)
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.
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