Premier Gold Mines (TSE:PG) has been assigned a C$4.75 price target by equities research analysts at Scotiabank in a research report issued on Thursday. The firm presently has an “outperform” rating on the mining company’s stock. Scotiabank’s target price would indicate a potential upside of 35.71% from the stock’s previous close.
Other analysts have also issued research reports about the stock. Beacon Securities lowered shares of Premier Gold Mines from a “buy” rating to a “hold” rating in a research note on Tuesday, November 14th. BMO Capital Markets set a C$4.75 price target on shares of Premier Gold Mines and gave the company an “outperform” rating in a research note on Thursday, November 16th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of C$4.46.
Premier Gold Mines (TSE:PG) traded up C$0.12 during trading on Thursday, hitting C$3.50. 334,342 shares of the company were exchanged, compared to its average volume of 390,036. Premier Gold Mines has a 52 week low of C$2.17 and a 52 week high of C$4.13. The firm has a market cap of $707.76, a P/E ratio of 14.00 and a beta of -0.60.
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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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