Premier Gold Mines Now Covered by Scotiabank (PG)
Equities research analysts at Scotiabank initiated coverage on shares of Premier Gold Mines (TSE:PG) in a research note issued to investors on Tuesday, AR Network reports. The firm set an “outperform” rating and a C$4.75 price target on the stock. Scotiabank’s price target indicates a potential upside of 198.74% from the company’s current price.
Shares of Premier Gold Mines (TSE:PG) traded up 1.89% on Tuesday, hitting $1.62. The stock had a trading volume of 249,598 shares. Premier Gold Mines has a 52 week low of $1.28 and a 52 week high of $4.12. The stock has a 50-day moving average of $1.50 and a 200-day moving average of $2.00. The company’s market cap is $245.2 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at CIBC cut their price target on shares of Premier Gold Mines from C$4.25 to C$4.00 in a research note to investors on Friday, November 22nd. They now have an “outperform” rating on the stock. Separately, analysts at Canaccord Genuity raised their price target on shares of Premier Gold Mines from C$3.25 to C$3.50 in a research note to investors on Friday, November 1st. Finally, analysts at Octagon Capital cut their price target on shares of Premier Gold Mines from C$5.70 to C$3.80 in a research note to investors on Thursday, October 31st. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of C$3.71.
Premier Gold Mines Limited (TSE:PG) is an exploration companies with a pipeline of gold projects focused in mining jurisdictions in Canada and the United States.
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