Argonaut Gold Inc (AR) Receives Consensus Recommendation of “Hold” from Analysts
Argonaut Gold Inc (TSE:AR) has been given a consensus recommendation of “Hold” by the nine analysts that are covering the company, MarketBeat reports. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is C$3.33.
A number of equities analysts have recently weighed in on AR shares. Canaccord Genuity lifted their price target on shares of Argonaut Gold from C$3.25 to C$3.50 in a research report on Friday, September 29th. Laurentian Bank of Canada reissued a “hold” rating and set a C$2.50 price target on shares of Argonaut Gold in a research report on Thursday, September 14th. Finally, Laurentian set a C$2.50 price target on shares of Argonaut Gold and gave the stock a “hold” rating in a research report on Thursday, September 14th.
Shares of Argonaut Gold (TSE:AR) opened at 2.75 on Monday. The firm’s 50-day moving average is $2.61 and its 200 day moving average is $2.33. Argonaut Gold has a 52 week low of $1.48 and a 52 week high of $3.14. The firm has a market capitalization of $486.53 million and a P/E ratio of 23.71.
About Argonaut Gold
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