Argonaut Gold Inc. (OTCMKTS:ARNGF) Sees Significant Drop in Short Interest

Argonaut Gold Inc. (OTCMKTS:ARNGF) was the recipient of a large decline in short interest in March. As of March 31st, there was short interest totalling 5,516,800 shares, a decline of 7.3% from the March 15th total of 5,953,400 shares. Based on an average daily volume of 3,002,700 shares, the short-interest ratio is presently 1.8 days.

Argonaut Gold Trading Down 3.9 %

Shares of ARNGF stock opened at $0.30 on Monday. Argonaut Gold has a 12-month low of $0.16 and a 12-month high of $0.57. The business’s 50 day moving average is $0.25 and its two-hundred day moving average is $0.30.

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.