Premier Gold Mines (PG) Announces Quarterly Earnings Results, Beats Estimates By $0.04 EPS
Premier Gold Mines (TSE:PG) announced its earnings results on Monday. The company reported $0.03 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.01) by $0.04, ARN reports.
A number of research firms have recently commented on PG. Analysts at Cormark initiated coverage on shares of Premier Gold Mines in a research note on Wednesday, May 21st. They set a “buy” rating on the stock. On the ratings front, analysts at Scotiabank reiterated an “outperform” rating on shares of Premier Gold Mines in a research note on Thursday, April 24th. They now have a C$4.75 price target on the stock. Finally, analysts at Scotiabank reiterated an “outperform” rating on shares of Premier Gold Mines in a research note on Thursday, March 27th. They now have a C$4.75 price target on the stock. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of C$3.37.
Premier Gold Mines (TSE:PG) opened at 2.79 on Monday. Premier Gold Mines has a one year low of $1.28 and a one year high of $3.04. The stock’s 50-day moving average is $2.21 and its 200-day moving average is $2.02. The company’s market cap is $422.8 million.
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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