Argonaut Gold Inc (AR) Lifted to “Neutral” at CIBC
Argonaut Gold Inc (TSE:AR) was upgraded by research analysts at CIBC from an “underperform” rating to a “neutral” rating in a report released on Thursday.
Separately, Scotiabank reaffirmed an “outperform” rating and issued a C$3.50 target price on shares of Argonaut Gold in a report on Tuesday, January 17th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of C$3.55.
Shares of Argonaut Gold (TSE:AR) traded up 1.91% during trading on Thursday, hitting $2.13. The company had a trading volume of 542,229 shares. The stock’s 50-day moving average is $2.26 and its 200 day moving average is $2.42. Argonaut Gold has a 52-week low of $1.48 and a 52-week high of $4.45. The firm has a market capitalization of $343.73 million and a P/E ratio of 30.00.
TRADEMARK VIOLATION WARNING: “Argonaut Gold Inc (AR) Lifted to “Neutral” at CIBC” was originally reported by American Banking News and is owned by of American Banking News. If you are viewing this piece of content on another publication, it was stolen and republished in violation of United States & international trademark & copyright legislation. The legal version of this piece of content can be read at https://www.americanbankingnews.com/2017/05/13/argonaut-gold-inc-ar-lifted-to-neutral-at-cibc.html.
Argonaut Gold Company Profile
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 MarketBeat.com's FREE daily email newsletter.