Argonaut Gold Inc (AR) to Post Q1 2019 Earnings of $0.08 Per Share, National Bank Financial Forecasts
Argonaut Gold Inc (TSE:AR) – Equities researchers at National Bank Financial issued their Q1 2019 earnings estimates for Argonaut Gold in a research note issued on Wednesday, April 17th. National Bank Financial analyst J. Sclodnick expects that the mining company will post earnings per share of $0.08 for the quarter. National Bank Financial currently has a “Outperform Spec Overweight” rating on the stock. National Bank Financial also issued estimates for Argonaut Gold’s FY2020 earnings at $0.23 EPS.
Separately, Laurentian cut their price objective on Argonaut Gold from C$2.75 to C$2.50 in a research note on Thursday, February 21st.
Argonaut Gold (TSE:AR) last released its quarterly earnings results on Tuesday, February 19th. The mining company reported C$0.01 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C$0.05 by C($0.04). The business had revenue of C$68.20 million during the quarter.
About Argonaut Gold
Argonaut Gold Inc engages in the exploration, mine development, and production activities in North America. The company primarily explores for gold and silver deposits. Its primary assets include the El Castillo mine located in the State of Durango, Mexico; and the San Agustin project located in the State of Durango, Mexico.
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