Argonaut Gold Inc (TSE:AR) – Research analysts at Cormark upped their FY2017 earnings estimates for Argonaut Gold in a note issued to investors on Monday. Cormark analyst R. Gray now forecasts that the mining company will post earnings of $0.12 per share for the year, up from their prior estimate of $0.11. Cormark also issued estimates for Argonaut Gold’s FY2018 earnings at $0.37 EPS.

COPYRIGHT VIOLATION WARNING: This story was originally posted by American Banking News and is owned by of American Banking News. If you are viewing this story on another domain, it was stolen and republished in violation of US and international trademark and copyright law. The original version of this story can be accessed at https://www.americanbankingnews.com/2017/11/08/argonaut-gold-inc-ar-to-post-fy2017-earnings-of-0-12-per-share-cormark-forecasts.html.

Other equities analysts have also recently issued research reports about the company. Canaccord Genuity lifted their target price on Argonaut Gold from C$3.25 to C$3.50 in a report on Friday, September 29th. Laurentian Bank of Canada reaffirmed a “hold” rating and set a C$2.50 target price on shares of Argonaut Gold in a research report on Thursday, September 14th. Finally, Laurentian set a C$2.50 price target on Argonaut Gold and gave the stock a “hold” rating in a research report on Thursday, September 14th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of C$3.30.

Argonaut Gold (TSE AR) traded up C$0.08 during midday trading on Wednesday, hitting C$2.46. The stock had a trading volume of 114,080 shares, compared to its average volume of 415,888. Argonaut Gold has a 1 year low of C$1.48 and a 1 year high of C$2.98.

Argonaut Gold Company Profile

Earnings History and Estimates for Argonaut Gold (TSE:AR)

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.