Insider Buying: Premier Gold Mines Ltd. (PG) Director Buys 20,000 Shares of Stock

Premier Gold Mines Ltd. (TSE:PG) Director Ewan Stewart Downie purchased 20,000 shares of the stock in a transaction that occurred on Thursday, March 14th. The stock was purchased at an average cost of C$1.70 per share, with a total value of C$34,000.00. Following the purchase, the director now owns 4,180,278 shares in the company, valued at approximately C$7,106,472.60.

Ewan Stewart Downie also recently made the following trade(s):

  • On Tuesday, March 12th, Ewan Stewart Downie purchased 25,000 shares of Premier Gold Mines stock. The stock was purchased at an average cost of C$1.76 per share, with a total value of C$44,000.00.

Shares of TSE PG traded up C$0.01 during trading hours on Friday, hitting C$1.72. The stock had a trading volume of 66,200 shares, compared to its average volume of 465,476. The stock has a market cap of $363.61 million and a price-to-earnings ratio of -22.89. Premier Gold Mines Ltd. has a 52 week low of C$1.39 and a 52 week high of C$3.35. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.07 and a current ratio of 2.73.

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About Premier Gold Mines

Premier Gold Mines Limited explores for, develops, and produces gold and silver deposits in Canada, the United States, and Mexico. It principally holds a 100% interest in the Mercedes Mine property located in the Southeast of Magdalena de Kino, in Sonora State, Mexico; a 40% interest in the South Arturo Mine situated in Elko County, Nevada; a 50% interest in the Greenstone Gold property, which includes the Hardrock project located in Ontario; a 100% interest in the McCoy-Cove project situated in Nevada; a 44% interest in the Rahil Bonaza project located in Northwestern Ontario; and a 100% interest in the Hasaga project situated in Red Lake Mining District, Ontario.

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