Crossed the 200 Moving Average - yea!

In trading on Monday, shares of Argonaut Gold Inc (Toronto: AR) crossed above their 200 day moving average of $7.97, changing hands as high as $8.06 per share. Argonaut Gold Inc shares are currently trading up about 2.5% on the day. The chart below shows the one year performance of AR shares, versus its 200 day moving average:

Click here to find out which 9 other Canadian stocks recently crossed above their 200 day moving average »

Looking at the chart above, AR’s low point in its 52 week range is $5.03 per share, with $11.08 as the 52 week high point — that compares with a last trade of $7.95.

Hope this portends 10 soon!

Doc