Argonaut Gold Inc. (TSE:AR – Get Rating) Director Daniel Arthur Symons sold 56,883 shares of the stock in a transaction on Tuesday, May 17th. The stock was sold at an average price of C$1.22, for a total value of C$69,397.26. Following the transaction, the director now owns 239,235 shares of the company’s stock, valued at approximately C$291,866.70.
Shares of TSE AR traded up C$0.13 during trading hours on Friday, reaching C$1.45. 2,772,844 shares of the stock traded hands, compared to its average volume of 1,197,376. The company has a market capitalization of C$482.48 million and a P/E ratio of 13.94. The company has a quick ratio of 1.40, a current ratio of 2.04 and a debt-to-equity ratio of 22.97. Argonaut Gold Inc. has a 52-week low of C$1.10 and a 52-week high of C$4.09. The company’s 50-day simple moving average is C$2.21 and its two-hundred day simple moving average is C$2.50.
Argonaut Gold (TSE:AR – Get Rating) last announced its quarterly earnings data on Tuesday, March 1st. The mining company reported C$0.04 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.07 by C($0.03). The company had revenue of C$129.73 million during the quarter. As a group, sell-side analysts forecast that Argonaut Gold Inc. will post 0.36 earnings per share for the current fiscal year.
AR has been the subject of several analyst reports. Canaccord Genuity Group downgraded Argonaut Gold to a “sell” rating and set a C$1.50 target price for the company. in a research note on Thursday, May 12th. BMO Capital Markets cut their target price on Argonaut Gold from C$4.25 to C$3.25 in a research note on Monday, March 7th. Laurentian Bank of Canada cut their target price on Argonaut Gold to C$3.25 in a research note on Thursday, March 3rd. Finally, Laurentian lowered their price target on Argonaut Gold from C$3.65 to C$3.25 in a report on Thursday, March 3rd. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of C$3.31.
Argonaut Gold Company Profile (Get Rating)
Argonaut Gold Inc is a Canadian company engaged in gold mining, mine development, and mineral exploration activities at gold-bearing mineral properties in North America. Its primary assets include the El Castillo and San Agustin mines, which together form the El Castillo Complex located in Durango, Mexico; the La Colorada mine located in Sonora, Mexico; the Florida Canyon mine in Nevada, the United States; and the Cerro del Gallo project in Guanajuato, Mexico.
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Read More:Daniel Arthur Symons Sells 56,883 Shares of Argonaut Gold Inc. (TSE:AR) Stock
2022-05-21 16:48:26
