Premier Gold Mines Ltd. (TSE:PG) shares were up 3.5% on Friday . The company traded as high as C$3.84 and last traded at C$3.81. Approximately 644,591 shares traded hands during mid-day trading, an increase of 6% from the average daily volume of 610,830 shares. The stock had previously closed at C$3.68.

Separately, Scotiabank reiterated an “outperform” rating and set a C$5.00 target price on shares of Premier Gold Mines in a research report on Thursday, July 27th.

The company has a 50 day moving average of $3.77 and a 200-day moving average of $3.20. The stock has a market capitalization of $770.16 million and a P/E ratio of 17.85.

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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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