Argonaut Gold (ARNGF) – Analysts’ Weekly Ratings Changes

A number of firms have modified their ratings and price targets on shares of Argonaut Gold (OTCMKTS: ARNGF) recently:

• 5/27/2022 – Argonaut Gold had its price target lowered by analysts at Stifel Nicolaus from C$4.00 to C$3.50.
• 5/23/2022 – Argonaut Gold was upgraded by analysts at Canaccord Genuity Group Inc. from a “sell” rating to a “hold” rating. They now have a C$1.50 price target on the stock.
• 5/16/2022 – Argonaut Gold had its price target lowered by analysts at Desjardins from C$3.25 to C$2.50.
• 5/12/2022 – Argonaut Gold was downgraded by analysts at Canaccord Genuity Group Inc. from a “hold” rating to a “sell” rating. They now have a C$1.50 price target on the stock, down previously from C$2.75.
• 5/12/2022 – Argonaut Gold had its price target lowered by analysts at Scotiabank from C$3.50 to C$3.00.
• 4/19/2022 – Argonaut Gold had its price target raised by analysts at Scotiabank from C$3.25 to C$3.50.

Shares of OTCMKTS:ARNGF opened at $0.93 on Wednesday. Argonaut Gold Inc. has a one year low of $0.85 and a one year high of $3.23. The stock has a fifty day moving average of $1.60 and a 200-day moving average of $1.88.

Argonaut Gold Inc is a Canadian company engaged in gold mining, mine development, and mineral exploration activities at gold-bearing mineral properties in North America. Its primary assets include the El Castillo and San Agustin mines, which together form the El Castillo Complex located in Durango, Mexico; the La Colorada mine located in Sonora, Mexico; the Florida Canyon mine in Nevada, the United States; and the Cerro del Gallo project in Guanajuato, Mexico.

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