Recent Expert Analysis Andrew Kaip, BMO Capital Markets (3/26/13) "Argonaut Gold Inc. reported headline Q4/12 net income of US$19.1M. After adjusting for stock-based compensation and other non-cash items, EPS came in at US$0.16, ahead of BMO Research and consensus at US$0.13. We attribute the EPS beat largely to lower operating costs. . .co-product cash costs were reported as US$597/oz, well below guidance of US$625–$650/oz. . .in a strongly inflationary environment, Argonaut Gold continues to tightly control operating costs. . .the company is rated Outperform with a CA$13 target price."