Argonaut Gold (TSE:AR) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Argonaut Gold Inc. (TSE:ARGet Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-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 Price Performance

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

About Argonaut Gold

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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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