Premier Gold Mines Ltd. (PG) Earns “Outperform” Rating from Scotiabank
Premier Gold Mines Ltd. (TSE:PG)‘s stock had its “outperform” rating restated by stock analysts at Scotiabank in a research report issued to clients and investors on Thursday. They presently have a C$5.00 price objective on the mining company’s stock. Scotiabank’s price objective suggests a potential upside of 27.55% from the stock’s previous close.
Premier Gold Mines (TSE:PG) traded down 0.51% during mid-day trading on Thursday, reaching $3.90. The company had a trading volume of 327,578 shares. Premier Gold Mines has a 52 week low of $1.87 and a 52 week high of $4.69. The stock has a 50 day moving average of $3.41 and a 200 day moving average of $3.03. The stock has a market capitalization of $786.29 million and a price-to-earnings ratio of 18.22.
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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