Premier Gold Mines Given Consensus Recommendation of “Buy” by Analysts (TSE:PG)
Premier Gold Mines (TSE:PG) has received a consensus rating of “Buy” from the nine brokerages that are presently covering the company, Analyst Ratings Net reports. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is C$3.42.
A number of analysts have recently weighed in on PG shares. Analysts at Pi Financial initiated coverage on shares of Premier Gold Mines in a research note on Thursday. They set a “buy” rating and a C$3.75 price target on the stock. Separately, 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. Finally, 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.
Premier Gold Mines (TSE:PG) remained flat at $2.84 during trading on Friday. The stock had a trading volume of 133,202 shares. Premier Gold Mines has a 52-week low of $1.28 and a 52-week high of $3.07. The stock’s 50-day moving average is $2.29 and its 200-day moving average is $2.06. The company’s market cap is $430.4 million.
Premier Gold Mines (TSE:PG) last issued its quarterly earnings data on Monday, June 23rd. The company reported $0.03 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.01) by $0.04. Analysts expect that Premier Gold Mines will post $-0.06 EPS for the current fiscal year.
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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