Looks like Mackie are non believers..running dog analysts that steal the pennies off dead men's eyes..
Bullish..double top.
a pox on them...
Portee
* Argonaut Gold : Canaccord Genuity raises target to C$8.75 from C$8.50; rating buy
* Argonaut Gold : BMO raises target price to C$9.50 from C$7; rating outperform
* Argonaut Gold : Mackie Research cuts to hold from buy
* Argonaut Gold : Mackie Research cuts target price to C$8.50 from C$8.75
EPS growth at AR is improving and is above the industry average. The most recent EPS was $0.75, an increase of 160.09% over the previous year.
Investors have average growth expectations for AR given its PE ratio of 10.94, near the Precious Metals & Minerals industry average of 40.65. Analysts believe the company has brighter prospects with a forward PE ratio of 20.16.
AR has one of the highest ROEs of all companies in the Gold & Silver industry. Breaking down the ROE, AR has a profit margin of 33.62%, an asset turnover of 32.03 and leverage of 1.09.