Shares of Argonaut Gold Inc. (TSE:AR) were down 0.8% on Wednesday . The company traded as low as C$2.44 and last traded at C$2.50. Approximately 348,972 shares were traded during trading, a decline of 62% from the average daily volume of 924,138 shares. The stock had previously closed at C$2.48.

A number of analysts have weighed in on AR shares. Laurentian Bank of Canada reissued a “hold” rating and set a C$2.50 target price on shares of Argonaut Gold in a report on Thursday, September 14th. Laurentian set a C$2.50 target price on shares of Argonaut Gold and gave the stock a “hold” rating in a report on Thursday, September 14th. Finally, Canaccord Genuity increased their target price on shares of Argonaut Gold from C$3.25 to C$3.50 in a report on Friday, September 29th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Argonaut Gold presently has a consensus rating of “Hold” and a consensus target price of C$3.06.

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About Argonaut Gold

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