Argonaut Gold Inc (TSE:AR) shares shot up 3.8% on Thursday . The company traded as high as C$2.52 and last traded at C$2.47. 295,393 shares were traded during trading, a decline of 39% from the average session volume of 486,850 shares. The stock had previously closed at C$2.38.

Separately, Canaccord Genuity upped their price objective on Argonaut Gold from C$4.25 to C$5.00 in a report on Friday, January 19th.

The firm has a market capitalization of $447.55, a price-to-earnings ratio of 16.86 and a beta of -0.23.

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Argonaut Gold Company Profile

Argonaut Gold Inc is engaged in gold mining, mine development and mineral exploration activities at gold-bearing mineral properties in North America. The Company’s segments are El Castillo, La Colorada, San Antonio, Magino, and Corporate and other. It owns the producing El Castillo mine, which is located approximately 100 kilometers north of the city of Durango and construction-stage San Agustin property, which is located approximately 10 kilometers from the El Castillo Mine; the producing La Colorada mine, which is located approximately 40 kilometers southeast of Hermosillo, Sonora State, Mexico; the exploration-stage San Antonio property, which is located approximately 40 kilometers southeast from the port city of La Paz in the State of Baja California Sur, Mexico; the exploration-stage Magino property, which is located approximately 40 kilometers northeast of Wawa in the Province of Ontario, Canada, and several other exploration-stage projects, which are located in North America.

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