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.

Analyst Recommendations for Argonaut Gold (TSE:AR)

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.

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Argonaut Gold Company Profile

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