Argonaut Gold (TSE:AR) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

Argonaut Gold Inc. (TSE:AR) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.43 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.

Argonaut Gold Stock Up 4.0 %

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 business has a 50-day simple moving average of C$0.51 and a 200-day simple moving average of C$0.43. The company has a market cap of C$660.40 million, a PE ratio of -1.44 and a beta of 1.72.

About Argonaut Gold

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.