Brokerages Set Argonaut Gold Inc (AR) Price Target at $3.30
Shares of Argonaut Gold Inc (TSE:AR) have received an average recommendation of “Hold” from the eight ratings firms that are currently covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is C$3.30.
Several research firms recently weighed in on AR. Laurentian set a C$2.50 target price on shares of Argonaut Gold and gave the company a “hold” rating in a research note on Thursday, September 14th. Canaccord Genuity raised their target price on shares of Argonaut Gold from C$3.25 to C$3.50 in a research note on Friday, September 29th. Finally, Laurentian Bank of Canada reissued a “hold” rating and issued a C$2.50 target price on shares of Argonaut Gold in a research note on Thursday, September 14th.
Argonaut Gold (AR) traded up C$0.06 during trading on Friday, hitting C$2.27. The company’s stock had a trading volume of 172,892 shares, compared to its average volume of 419,196. Argonaut Gold has a 52-week low of C$1.48 and a 52-week high of C$2.98.
About Argonaut Gold
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