The Globe and Mail reports in its Friday, Jan. 15, edition that Echelon Capital Markets added Argonaut Gold ($2.51) to its "Top Picks Portfolio" for the first quarter of 2021. The Globe's David Leeder writes in the Eye On Equities column that Echelon analysts continue to rate Argonaut Gold "buy," with a $5 share target. Echelon analyst Gabriel Gonzalez says in a note: "We are adding Argonaut Gold to our Q121 Echelon Capital Market's Top Pick List as the company kicks off what could be a pivotal year in its transformation from a relatively high-cost junior gold producer to a lower-cost intermediate producer. We see ongoing exploration at Magino (which is about to begin construction) and productivity improvements at Florida Canyon contributing to a revaluation in [Argonaut Gold's] shares from current, undervalued levels compared to the peer group." The Globe reported on Sept. 1 that Mr. Gonzalez rated Argonaut Gold "buy," with a $5 share target. Mr. Gonzalez said Argonaut Gold was at the "right juncture for both short- and long-term investors." The shares could then be had for $2.77. The Globe reported on Nov. 11 that Paradigm Capital began coverage on Argonaut with a "buy" rating. It was then worth $2.41.