Brokerages Set Premier Gold Mines Limited (PG) Target Price at $4.50
Shares of Premier Gold Mines Limited (TSE:PG) have earned an average recommendation of “Buy” from the seven brokerages that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is C$4.50.
A number of equities analysts have issued reports on the company. Scotiabank reiterated an “outperform” rating and set a C$5.00 price target on shares of Premier Gold Mines in a research report on Thursday, August 31st. Beacon Securities downgraded Premier Gold Mines from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. Finally, BMO Capital Markets set a C$4.75 price target on Premier Gold Mines and gave the stock an “outperform” rating in a research report on Thursday, November 16th.
Shares of Premier Gold Mines (PG) traded up C$0.02 during mid-day trading on Tuesday, hitting C$3.54. The stock had a trading volume of 1,205,324 shares, compared to its average volume of 783,610. Premier Gold Mines has a fifty-two week low of C$2.02 and a fifty-two week high of C$4.13.
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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