Argonaut Gold (OTCMKTS:ARNGF) Stock Price Passes Below Fifty Day Moving Average – Here’s Why

Argonaut Gold Inc. (OTCMKTS:ARNGFGet Free Report) passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $0.37 and traded as low as $0.36. Argonaut Gold shares last traded at $0.37, with a volume of 1,339,300 shares trading hands.

Argonaut Gold Trading Up 2.6 %

The company’s fifty day simple moving average is $0.37 and its two-hundred day simple moving average is $0.35.

About Argonaut Gold

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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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