Argonaut Gold (TSE:AR) Shares Cross Above 200 Day Moving Average – Time to Sell?

Argonaut Gold Inc. (TSE:ARGet Free Report)’s stock price passed above its two hundred day moving average during trading on Tuesday . 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 trading hands.

Argonaut Gold Stock 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 stock has a 50-day moving average price of C$0.51 and a 200-day moving average price of C$0.43. The company has a market capitalization of C$660.40 million, a price-to-earnings ratio of -1.44 and a beta of 1.72.

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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