RBC Capital Remains a Hold on Argonaut Gold (AR)


The Materials sector company, Argonaut Gold (TSX: AR), has received a rating update from a Wall Street analyst on September 16. The company received a Hold on September 16 from RBC Capital’s analyst Mark Mihaljevic, with a C$2.75 price target.

According to TipRanks.com, Mihaljevic is ranked #4708 out of 4879 analysts.

Argonaut Gold has an analyst consensus of Moderate Buy, with a price target consensus of C$4.

The company has a one-year high of C$2.87 and a one-year low of C$1.64. Currently, Argonaut Gold has an average volume of 271.1K.

Argonaut Gold, Inc. engages in the exploration, mine development, and production activities on gold-bearing properties. Its primary assets are the production stage El Castillo mine and construction stage San Agustin project in Durango, Mexico and the production stage La Colorada mine in Sonora, Mexico.

The company’s shares closed on Friday at C$1.76, close to its 52-week low of C$1.64.

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