Argonaut Gold (TSE:AR) Shares Cross Above 200 Day Moving Average – Here’s What Happened

Argonaut Gold Inc. (TSE:ARGet Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred 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 traded.

Argonaut Gold Stock Performance

The stock has a market cap of C$660.40 million, a P/E ratio of -1.44 and a beta of 1.72. The company has a debt-to-equity ratio of 53.95, a quick ratio of 0.82 and a current ratio of 0.61. The firm’s 50 day moving average is C$0.51 and its 200 day moving average is C$0.43.

Argonaut Gold Company Profile

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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.

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