Premier Gold Mines’ (PG) Outperform Rating Reaffirmed at Scotiabank
Premier Gold Mines Ltd. (TSE:PG)‘s stock had its “outperform” rating restated by equities researchers at Scotiabank in a report released on Thursday. They presently have a C$5.00 target price on the mining company’s stock. Scotiabank’s price objective would suggest a potential upside of 48.37% from the company’s current price.
Separately, Royal Bank Of Canada reissued an “outperform” rating and issued a C$4.50 price target on shares of Premier Gold Mines in a report on Thursday, March 30th.
Premier Gold Mines (PG) traded down 0.59% during midday trading on Thursday, reaching $3.35. The company’s stock had a trading volume of 498,272 shares. The company has a market cap of $675.13 million and a PE ratio of 33.17. Premier Gold Mines has a 12 month low of $1.87 and a 12 month high of $5.05. The stock has a 50-day moving average price of $2.99 and a 200 day moving average price of $2.94.
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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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