TD Securities Cuts Premier Gold Mines Ltd. (PG) Price Target to C$3.00
Premier Gold Mines Ltd. (TSE:PG) had its target price reduced by stock analysts at TD Securities from C$4.00 to C$3.00 in a report issued on Thursday. The firm presently has a “hold” rating on the stock. TD Securities’ price target points to a potential upside of 21.46% from the stock’s previous close.
PG has been the topic of a number of other research reports. Scotiabank reiterated an “outperform” rating and set a C$6.00 target price on shares of Premier Gold Mines in a research note on Thursday, October 27th. Canaccord Genuity upgraded Premier Gold Mines from a “speculative buy” rating to a “buy” rating in a research note on Tuesday. RBC Capital Markets increased their target price on Premier Gold Mines from C$5.25 to C$6.00 and gave the stock an “outperform” rating in a research note on Thursday, August 4th. Finally, Royal Bank Of Canada increased their target price on Premier Gold Mines from C$5.25 to C$6.00 and gave the stock an “outperform” rating in a research note on Thursday, August 4th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of C$4.94.
Shares of Premier Gold Mines (TSE:PG) traded down 4.05% during mid-day trading on Thursday, reaching $2.37. The company had a trading volume of 795,967 shares. Premier Gold Mines has a 12-month low of $2.12 and a 12-month high of $5.05. The firm’s 50 day moving average is $3.18 and its 200-day moving average is $3.79. The stock’s market capitalization is $434.53 million.
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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