Argonaut Gold Inc (TSE:AR)‘s stock had its “hold” rating reiterated by Laurentian Bank of Canada in a research report issued to clients and investors on Thursday, reports. They currently have a C$2.50 price target on the mining company’s stock. Laurentian Bank of Canada’s price target suggests a potential downside of 3.85% from the company’s current price.

Separately, Scotiabank assumed coverage on shares of Argonaut Gold in a research report on Friday, June 2nd. They set an “outperform” rating and a C$3.50 price objective for the company. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of C$3.29.

Shares of Argonaut Gold (TSE:AR) traded down 0.38% during mid-day trading on Thursday, hitting $2.60. The company had a trading volume of 441,137 shares. Argonaut Gold has a 52-week low of $1.48 and a 52-week high of $4.00. The firm has a 50-day moving average price of $2.54 and a 200 day moving average price of $2.29. The firm has a market capitalization of $459.99 million and a price-to-earnings ratio of 22.41.

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