Laurentian set a C$2.50 target price on Argonaut Gold Inc (TSE:AR) in a research report sent to investors on Thursday morning. The brokerage currently has a hold rating on the mining company’s stock.

Other equities research analysts also recently issued reports about the company. Laurentian Bank of Canada reissued a hold rating and issued a C$2.50 target price on shares of Argonaut Gold in a report on Thursday. Scotiabank initiated coverage on Argonaut Gold in a research note on Friday, June 2nd. They issued an outperform rating and a C$3.50 price target for the company. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of C$3.29.

Shares of Argonaut Gold (TSE AR) opened at 2.46 on Thursday. Argonaut Gold has a 12 month low of $1.48 and a 12 month high of $4.00. The stock’s 50 day moving average price is $2.54 and its 200 day moving average price is $2.29. The stock has a market capitalization of $435.23 million and a price-to-earnings ratio of 21.21.

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About Argonaut Gold

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