Argonaut Gold (TSE:AR) Trading 4% Higher – Here’s Why

Shares of Argonaut Gold Inc. (TSE:AR) traded up 4% during trading on Monday . The stock traded as high as C$0.52 and last traded at C$0.52. 3,783,430 shares changed hands during mid-day trading, an increase of 32% from the average session volume of 2,872,203 shares. The stock had previously closed at C$0.50.

Argonaut Gold Trading Up 4.0 %

The firm has a 50 day moving average of C$0.52 and a 200 day moving average of C$0.44. The firm has a market cap of C$660.40 million, a PE ratio of -1.44 and a beta of 1.72. The company has a quick ratio of 0.82, a current ratio of 0.61 and a debt-to-equity ratio of 53.95.

Argonaut Gold Company Profile

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.