Argonaut Gold (TSE:AR) Price Target Lowered to C$3.75 at National Bank Financial
Argonaut Gold (TSE:AR) had its price objective lowered by research analysts at National Bank Financial from C$4.25 to C$3.75 in a research note issued on Monday, November 11th, BayStreet.CA reports. The firm presently has an “outperform” rating on the mining company’s stock. National Bank Financial’s price target would suggest a potential upside of 88.44% from the company’s previous close. National Bank Financial also issued estimates for Argonaut Gold’s FY2019 earnings at $0.18 EPS, FY2020 earnings at $0.41 EPS and FY2021 earnings at $0.50 EPS.
Separately, BMO Capital Markets increased their price objective on Argonaut Gold from C$3.25 to C$4.00 in a report on Wednesday, September 11th.
TSE:AR opened at C$1.99 on Monday. The firm has a 50 day moving average of C$1.95 and a 200 day mo ...