Argonaut Gold (TSE:AR) Stock Price Crosses Above 200-Day Moving Average of $0.42

Argonaut Gold Inc. (TSE:ARGet Free Report)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.42 and traded as high as C$0.52. Argonaut Gold shares last traded at C$0.52, with a volume of 3,783,429 shares trading hands.

Argonaut Gold Stock Performance

The firm’s 50-day moving average is C$0.50 and its 200-day moving average is C$0.42. The company has a current ratio of 0.61, a quick ratio of 0.82 and a debt-to-equity ratio of 53.95. The firm has a market cap of C$660.40 million, a price-to-earnings ratio of -1.44 and a beta of 1.72.

About Argonaut Gold

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Argonaut Gold Inc engages in production and sale of gold, and mine development and exploration businesses in North America. It also explores for silver. The company's flagship property is the 100% owned Magino mine property comprising seven patented mining claims, four leased mining claims, and 69 unpatented mining claims totaling 2,204.495 hectares located in Ontario, Canada.

Further Reading

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