Scotiabank Reaffirms Outperform Rating for Premier Gold Mines Ltd. (PG)
A number of other research firms have also recently commented on PG. CIBC increased their target price on shares of Premier Gold Mines from C$4.50 to C$5.50 in a report on Thursday, August 4th. RBC Capital Markets increased their target price on shares of Premier Gold Mines from C$5.25 to C$6.00 and gave the stock an outperform rating in a report on Thursday, August 4th. TD Securities reiterated a hold rating and issued a C$4.00 price objective on shares of Premier Gold Mines in a report on Friday, October 28th. Finally, Royal Bank Of Canada raised their price objective on shares of Premier Gold Mines from C$5.25 to C$6.00 and gave the company an outperform rating in a report on Thursday, August 4th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus target price of C$5.28.
Shares of Premier Gold Mines (TSE:PG) opened at 2.44 on Friday. The firm’s market cap is $447.37 million. The stock’s 50 day moving average is $3.22 and its 200 day moving average is $3.80. Premier Gold Mines has a 12 month low of $2.12 and a 12 month high of $5.05.
About Premier Gold Mines
Premier Gold Mines Limited (Premier) is a Canada-based mineral exploration company focused on exploring for and developing gold deposits within North America. The principal projects in which Premier holds an interest are the Trans-Canada Property, which includes the Hardrock project and the Brookbank project; McCoy-Cove Project, Lander County, Nevada, and South Arturo Mine, Elko County, Nevada.
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