AR Makes Bullish Cross Above Critical Moving Average

In trading on Friday, shares of Argonaut Gold Inc (TSX: AR.TO) crossed above their 200 day moving average of $6.17, changing hands as high as $6.24 per share. Argonaut Gold Inc shares are currently trading up about 3.9% on the day. The chart below shows the one year performance of AR shares, versus its 200 day moving average:

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Argonaut Gold Inc 200 Day Moving Average Chart

Looking at the chart above, AR's low point in its 52 week range is $4.755 per share, with $8.90 as the 52 week high point — that compares with a last trade of $6.15.

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