Premier Gold Mines Ltd. (TSE:PG) had its target price cut by CIBC from C$5.50 to C$5.00 in a report issued on Friday.

A number of other equities analysts have also weighed in on PG. Scotiabank reissued an outperform rating and issued a C$6.00 price objective on shares of Premier Gold Mines in a research report on Tuesday, September 20th. TD Securities lowered shares of Premier Gold Mines from a speculative buy rating to a hold rating and cut their price objective for the company from C$5.50 to C$4.00 in a research report on Monday, October 17th. One analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The company currently has an average rating of Buy and a consensus target price of C$4.86.

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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