Argonaut Gold (OTCMKTS:ARNGF) Price Target Raised to C$3.50

Argonaut Gold (OTCMKTS:ARNGF – Get Rating) had its target price upped by equities researchers at Scotiabank from C$3.25 to C$3.50 in a report issued on Tuesday, The Fly reports.

ARNGF traded down $0.02 during trading on Tuesday, reaching $1.97. The company’s stock had a trading volume of 72,431 shares, compared to its average volume of 128,832. The firm has a fifty day simple moving average of $1.91 and a two-hundred day simple moving average of $2.13. Argonaut Gold has a 1 year low of $1.55 and a 1 year high of $3.23.

About Argonaut Gold (Get Rating)

Argonaut Gold Inc engages in the mining, mine development, and mineral exploration activities at gold-bearing mineral properties in North America. The company primarily explores for gold and silver deposits. 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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