Scotiabank Reaffirms Outperform Rating for Premier Gold Mines Ltd. (PG)
Scotiabank reiterated their outperform rating on shares of Premier Gold Mines Ltd. (TSE:PG) in a research note published on Wednesday morning. The firm currently has a C$5.00 target price on the mining company’s stock.
PG has been the topic of several other reports. Royal Bank Of Canada restated an outperform rating and set a C$4.50 target price on shares of Premier Gold Mines in a report on Thursday, March 30th. TD Securities restated a hold rating and set a C$3.25 target price on shares of Premier Gold Mines in a report on Monday, March 27th.
Premier Gold Mines (TSE:PG) opened at 2.95 on Wednesday. The firm has a 50-day moving average of $2.92 and a 200 day moving average of $2.86. The firm has a market cap of $594.51 million and a price-to-earnings ratio of 29.21. Premier Gold Mines has a 1-year low of $1.87 and a 1-year high of $5.05.
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In other Premier Gold Mines news, Director Ewan Stewart Downie acquired 10,000 shares of the stock in a transaction dated Wednesday, April 19th. The shares were bought at an average cost of C$2.91 per share, for a total transaction of C$29,100.00.
Premier Gold Mines Company Profile
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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