Canaacord has $15.50 target for Argonaut Gold

On November 15, Canaccord maintained the price target of Argonaut Gold (T.AR) at $15.50 (currently $10.08), citing “superior low-cost production growth profile, a proven management team…expected strong operational momentum over the next 12 months [and] the potentially accretive acquisition of Prodigy Gold (V.PDG)” and maintained SilverCrest Mines (V.SVL) at $5 (currently $2.54), citing “higher-than-expected gold and silver prices [realized in 3Q] and lower than expected G&A.”