How Analysts Feel About ARGONAUT GOLD INCORPORATED (OTCMKTS:ARNGF) After Decrease in Sellers?

December 7, 2017 - By Adrian Erickson

The stock of ARGONAUT GOLD INCORPORATED (OTCMKTS:ARNGF) registered a decrease of 13.98% in short interest. ARNGF’s total short interest was 139,700 shares in December as published by FINRA. Its down 13.98% from 162,400 shares, reported previously. With 43,400 shares average volume, it will take short sellers 3 days to cover their ARNGF’s short positions.

The stock decreased 1.25% or $0.02 during the last trading session, reaching $1.72. About 8,452 shares traded. Argonaut Gold Inc. (OTCMKTS:ARNGF) has 0.00% since December 7, 2016 and is . It has underperformed by 16.70% the S&P500.

Argonaut Gold Inc., a mining company, engages in the exploration, development, and production of gold and silver in North America. The company has market cap of $310.20 million. The companyÂ’s principal assets include the El Castillo mine located in the State of Durango, Mexico; the La Colorada mine situated in the State of Sonora, Mexico; the San Antonio gold project located in the State of Baja California Sur, Mexico; the San Agustin project situated in the State of Durango, Mexico; and the Magino gold project located in the province of Ontario, Canada. It has a 15.09 P/E ratio.

More important recent Argonaut Gold Inc. (OTCMKTS:ARNGF) news were published by: Marketwired.com which released: “Argonaut Gold Inc. Announces C$40 Million Bought Deal Financing” on February 23, 2017, also Seekingalpha.com published article titled: “Argonaut Gold: A Strong Takeover Target”, Seekingalpha.com published: “Gold Breaks Out – 2 Choices To Play” on February 10, 2017. More interesting news about Argonaut Gold Inc. (OTCMKTS:ARNGF) was released by: Seekingalpha.com and their article: “Argonaut Gold: Significant Upside Remains” with publication date: September 01, 2017.

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