Argonaut Gold (TSE:AR) Shares Pass Above 200 Day Moving Average of $0.42

Argonaut Gold Inc. (TSE:ARGet Free Report) crossed 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 changing hands.

Argonaut Gold Price Performance

The company has a quick ratio of 0.82, a current ratio of 0.61 and a debt-to-equity ratio of 53.95. The stock has a 50-day simple moving average of C$0.50 and a 200-day simple moving average of C$0.42. The firm has a market capitalization of C$660.40 million, a PE ratio of -1.44 and a beta of 1.72.

Argonaut Gold Company Profile

(Get Free Report)

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

Receive News & Ratings for Argonaut Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Argonaut Gold and related companies with MarketBeat.com's FREE daily email newsletter.