Should I buy or sell Argonaut Gold stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Argonaut Gold in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" AR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AR, but not buy additional shares or sell existing shares. View AR analyst ratings or view top-rated stocks .

What is Argonaut Gold's stock price target for 2024?

2 Wall Street analysts have issued twelve-month price objectives for Argonaut Gold's stock. Their AR share price targets range from C$0.40 to C$0.60. On average, they predict the company's stock price to reach C$0.50 in the next year. This suggests a possible upside of 20.5% from the stock's current price. View analysts price targets for AR or view top-rated stocks among Wall Street analysts .

How have AR shares performed in 2024?

Argonaut Gold's stock was trading at C$0.47 at the beginning of the year. Since then, AR shares have decreased by 11.7% and is now trading at C$0.42. View the best growth stocks for 2024 here .

When is Argonaut Gold's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 3rd 2024. View our AR earnings forecast .

How were Argonaut Gold's earnings last quarter?

Argonaut Gold Inc. (TSE:AR) announced its earnings results on Wednesday, March, 6th. The mining company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by $0.02. The mining company earned $157.36 million during the quarter. Argonaut Gold had a net margin of 10.27% and a trailing twelve-month return on equity of 4.24%.

What other stocks do shareholders of Argonaut Gold own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Argonaut Gold investors own include Liberty Gold (LGD) , Enerplus (ERF) , B2Gold (BTO) , MEG Energy (MEG) , Agnico Eagle Mines (AEM) , Premier Gold Mines (PG) , Tamarack Valley Energy (TVE) , Aurora Cannabis (ACB) , Kirkland Lake Gold (KL) and B2Gold (BTG) .

How do I buy shares of Argonaut Gold?

Shares of AR stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:AR

Argonaut Gold (AR) Stock Price, News & Analysis

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Free AR Stock Alerts

C$0.42

+0.01 (+2.47%)

(As of 04/19/2024 ET)

Compare

Today's Range: C$0.41
▼
C$0.42
50-Day Range: C$0.23
▼
C$0.43
52-Week Range: C$0.22
▼
C$0.77

Volume: 2.12 million shs
Average Volume: 3.74 million shs
Market Capitalization: C$452.35 million

P/E Ratio: 8.30
Dividend Yield: N/A
Price Target: C$0.50

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines Insider Trades

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Argonaut Gold MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 20.5% Upside
C$0.50 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.42
Based on 2 Articles This Week
Insider Trading: Acquiring Shares
C$1,694 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.21 out of 5 stars

2.0

Analyst's Opinion

Consensus Rating
Argonaut Gold has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Argonaut Gold has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for AR.

0.0

Dividend Strength

Dividend Yield
Argonaut Gold does not currently pay a dividend.
Dividend Growth
Argonaut Gold does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for AR.

1.9

News and Social Media Coverage

News Sentiment
Argonaut Gold has a news sentiment score of 0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Argonaut Gold this week, compared to 1 article on an average week.
Search Interest
Only 9 people have searched for AR on MarketBeat in the last 30 days. This is a decrease of -53% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added Argonaut Gold to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Argonaut Gold insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$1,694.00 in company stock and sold C$0.00 in company stock.
Percentage Held by Insiders
Only 0.60% of the stock of Argonaut Gold is held by insiders.
Percentage Held by Institutions
48.44% of the stock of Argonaut Gold is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Argonaut Gold is 8.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.60.
Price to Earnings Ratio vs. Sector
The P/E ratio of Argonaut Gold is 8.30, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 140.33.
Price to Book Value per Share Ratio
Argonaut Gold has a P/B Ratio of 0.47. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Argonaut Gold Stock (TSE:AR)

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. It also provides management services. Argonaut Gold Inc. was founded in 2009 and is based in Toronto, Canada.

AR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

AR Stock News Headlines

April 14, 2024 | seekingalpha.com

Alamos Gold: The Argonaut Gold Acquisition Will Boost Production And Deliver Substantial Synergies

April 13, 2024 | americanbankingnews.com

Argonaut Gold (TSE:AR) Share Price Passes Above 200 Day Moving Average of $0.41

April 19, 2024 | Crypto 101 Media (Ad)

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April 11, 2024 | seekingalpha.com

With Gold At New Highs, Miners Consider More Than Price

April 10, 2024 | ca.investing.com

Alamos Gold upgraded on ‘strategically compelling’ acquisition of Argonaut

April 10, 2024 | marketwatch.com

Stock Market Today: Dow loses ground as investors await inflation data

April 9, 2024 | thestreet.com

Analysts revamp top gold mining stocks’ price targets after gold surges

April 5, 2024 | msn.com

Alamos Gold completes C$50m private placement

April 19, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

April 4, 2024 | finance.yahoo.com

Alamos and Argonaut Close Previously Announced Private Placement

April 3, 2024 | nasdaq.com

Alamos Gold to Acquire Argonaut Gold in US$325 Million Deal

March 27, 2024 | msn.com

Alamos Gold signs deal for Argonaut Gold and its Magino mine in Ontario

March 27, 2024 | marketwatch.com

Alamos, Argonaut Gold Shares Jump With Tie-Up Plans

March 27, 2024 | theglobeandmail.com

Alamos buying Argonaut as it bets on turnaround at troubled Magino gold mine

March 24, 2024 | markets.businessinsider.com

Analysts Offer Insights on Materials Companies: Wheaton Precious Metals (WPM), Argonaut Gold (OtherARNGF) and Antipa Minerals Limited (AU:AZY)

March 23, 2024 | seekingalpha.com

AR:CA Argonaut Gold Inc.

March 15, 2024 | wsj.com

Argonaut Gold Inc.

March 13, 2024 | bloomberg.com

Increased ESG Scepticism Could Boost UK Stocks

March 13, 2024 | msn.com

There’s no better time to open Australia’s newest gold mine as prices scale record highs

March 10, 2024 | realmoney.thestreet.com

Argonaut Gold price target lowered by C$0.10 at Scotiabank

March 8, 2024 | finance.yahoo.com

Argonaut Gold Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag

March 6, 2024 | finance.yahoo.com

Argonaut Gold Announces Fourth Quarter and Year End Financial and Operating Results

February 26, 2024 | msn.com

Argonaut Gold confronts dilution at flagship Ontario mine

February 26, 2024 | finance.yahoo.com

Gold'n Futures Reports Amendments to Its Option to Acquire Its Interest in the Hercules Gold Property and Announces Debt Settlement

February 23, 2024 | forbes.com

Cool New Cognacs To Try Now

February 23, 2024 | markets.businessinsider.com

Analysts Offer Insights on Materials Companies: Gold Fields (GFI), First Majestic Silver (AG) and Huntsman (HUN)

February 16, 2024 | markets.businessinsider.com

Lundin Gold (LUGDF) Receives a Hold from RBC Capital

See More Headlines

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Company Calendar

Last Earnings: 3/06/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/03/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Basic Materials
Industry: Gold
Sub-Industry: N/A
Current Symbol: TSE:AR
CUSIP: N/A
CIK: N/A
Web: www.argonautgold.com
Phone: +1-775-2844422
Fax: N/A
Employees: 522
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$0.50
High Stock Price Target: C$0.60
Low Stock Price Target: C$0.40
Potential Upside/Downside: +19.8%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.05
Trailing P/E Ratio: 8.35
Forward P/E Ratio: 30.95
P/E Growth: N/A
Net Income: C$38.27 million
Net Margins: 10.27%
Pretax Margin: N/A
Return on Equity: 4.24%
Return on Assets: 1.04%

Debt

Debt-to-Equity Ratio: 33.48
Current Ratio: 1.32
Quick Ratio: 0.82

Sales & Book Value

Annual Sales: C$372.46 million
Price / Sales: 1.22
Cash Flow: C$0.11 per share
Price / Cash Flow: 3.76
Book Value: C$0.89 per share
Price / Book: 0.47

Miscellaneous

Outstanding Shares: 1,090,000,000
Free Float: N/A
Market Cap: C$455.08 million
Optionable: Not Optionable
Beta: 1.52

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Key Executives

Mr. Richard S. Young (Age 60)
CEO, President & Director
Comp: $884.83k
Mr. David A. Ponczoch
Chief Financial Officer
Mr. William Robert Rose
Vice President of Technical Services
Mr. Marc Paul Francois Leduc P. Eng (Age 61)
P. Geo, P.Eng., P.Geo., Chief Operating Officer
Mr. David Savarie
Senior VP & General Counsel
Ms. Nancy Lee
Senior Vice President of Human Resources
Mr. Owen Nicholls
Vice President of Exploration
Ms. Katerina Deluca
Vice President of Treasury and FP&A
Ms. Cindy Waterman
Corporate Secretary
Chuck Hennessey
Vice President of Canadian Operations

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

AR Stock Analysis - Frequently Asked Questions

Should I buy or sell Argonaut Gold stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Argonaut Gold in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" AR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AR, but not buy additional shares or sell existing shares.
View AR analyst ratings or view top-rated stocks.
What is Argonaut Gold's stock price target for 2024?: 2 Wall Street analysts have issued twelve-month price objectives for Argonaut Gold's stock. Their AR share price targets range from C$0.40 to C$0.60. On average, they predict the company's stock price to reach C$0.50 in the next year. This suggests a possible upside of 20.5% from the stock's current price.
View analysts price targets for AR or view top-rated stocks among Wall Street analysts.
How have AR shares performed in 2024?: Argonaut Gold's stock was trading at C$0.47 at the beginning of the year. Since then, AR shares have decreased by 11.7% and is now trading at C$0.42.
View the best growth stocks for 2024 here.
When is Argonaut Gold's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, May 3rd 2024.
View our AR earnings forecast.

How were Argonaut Gold's earnings last quarter?: Argonaut Gold Inc. (TSE:AR) announced its earnings results on Wednesday, March, 6th. The mining company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by $0.02. The mining company earned $157.36 million during the quarter. Argonaut Gold had a net margin of 10.27% and a trailing twelve-month return on equity of 4.24%.
What other stocks do shareholders of Argonaut Gold own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Argonaut Gold investors own include Liberty Gold (LGD), Enerplus (ERF), B2Gold (BTO), MEG Energy (MEG), Agnico Eagle Mines (AEM), Premier Gold Mines (PG), Tamarack Valley Energy (TVE), Aurora Cannabis (ACB), Kirkland Lake Gold (KL) and B2Gold (BTG).
How do I buy shares of Argonaut Gold?: Shares of AR stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:AR) was last updated on 4/19/2024 by MarketBeat.com Staff

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Argonaut Gold (AR) Stock Price, News & Analysis

Argonaut Gold MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Argonaut Gold Stock (TSE:AR)

AR Stock Price History

AR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

AR Stock Analysis - Frequently Asked Questions

Overall MarketRank^™