Premier Gold Mines Ltd. (PG) Earns Outperform Rating from Scotiabank
Premier Gold Mines Ltd. (TSE:PG)‘s stock had its “outperform” rating reiterated by equities researchers at Scotiabank in a report issued on Tuesday. They currently have a C$6.00 price target on the stock. Scotiabank’s price objective indicates a potential upside of 42.18% from the company’s current price.
Several other research firms also recently weighed in on PG. TD Securities restated a “speculative buy” rating and issued a C$5.50 price target on shares of Premier Gold Mines in a research note on Tuesday, July 26th. RBC Capital Markets upped their price objective on Premier Gold Mines from C$5.25 to C$6.00 and gave the stock an “outperform” rating in a report on Thursday, August 4th. Royal Bank Of Canada upped their price objective on Premier Gold Mines from C$5.25 to C$6.00 and gave the stock an “outperform” rating in a report on Thursday, August 4th. Finally, CIBC upped their price objective on Premier Gold Mines from C$4.50 to C$5.50 in a report on Thursday, August 4th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of C$5.24.
Premier Gold Mines (TSE:PG) traded down 2.13% during mid-day trading on Tuesday, reaching $4.13. 275,060 shares of the company traded hands. The firm’s market capitalization is $757.23 million. Premier Gold Mines has a 12-month low of $2.12 and a 12-month high of $5.05. The company’s 50 day moving average price is $4.59 and its 200 day moving average price is $3.79.
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.
Receive News & Ratings for Premier Gold Mines Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Premier Gold Mines Ltd. and related companies with Analyst Ratings Network's FREE daily email newsletter.