Argonaut Gold (TSE:AR – Get Free Report) was downgraded by investment analysts at BMO Capital Markets from an “outperform” rating to a “market perform” rating in a research note issued on Thursday, BayStreet.CA reports. They presently have a C$0.40 price objective on the mining company’s stock, down from their previous price objective of C$0.75. BMO Capital Markets’ target price points to a potential upside of 1.27% from the company’s current price.
Argonaut Gold Price Performance
Shares of AR remained flat at C$0.40 during midday trading on Thursday. The company’s stock had a trading volume of 12,890,686 shares, compared to its average volume of 3,209,409. The company has a debt-to-equity ratio of 33.48, a quick ratio of 0.82 and a current ratio of 1.32. Argonaut Gold has a twelve month low of C$0.22 and a twelve month high of C$0.77. The business has a fifty day simple moving average of C$0.34 and a 200 day simple moving average of C$0.43. The company has a market capitalization of C$430.55 million, a PE ratio of 7.80 and a beta of 1.52.
Argonaut Gold Company Profile
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