Argonaut Gold (TSE:AR) will be announcing its earnings results after the market closes on Wednesday, August 7th. Analysts expect the company to announce earnings of C$0.07 per share for the quarter.
TSE:AR opened at C$2.47 on Tuesday. Argonaut Gold has a one year low of C$1.18 and a one year high of C$2.60. The company has a debt-to-equity ratio of 2.27, a quick ratio of 1.41 and a current ratio of 3.26. The firm has a market capitalization of $440.15 million and a PE ratio of -27.44. The firm has a 50 day moving average of C$2.08.
Several research firms recently commented on AR. Canaccord Genuity set a C$3.00 price target on Argonaut Gold and gave the company a “buy” rating in a report on Tuesday, April 23rd. National Bank Financial increased their price target on Argonaut Gold from C$3.50 to C$3.75 and gave the company an “outperform” rating in a report on Friday, June 28th.
Argonaut Gold Inc engages in the exploration, mine development, and production activities in North America. The company primarily explores for gold and silver deposits. Its primary assets include the El Castillo mine located in the State of Durango, Mexico; and the San Agustin project located in the State of Durango, Mexico.
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