Premier Gold Mines Ltd. (TSE:PG) Director Ewan Stewart Downie acquired 12,500 shares of the company’s stock in a transaction dated Thursday, August 16th. The shares were purchased at an average cost of C$1.93 per share, with a total value of C$24,125.00.

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

  • On Tuesday, August 14th, Ewan Stewart Downie acquired 10,000 shares of Premier Gold Mines stock. The shares were purchased at an average cost of C$2.07 per share, with a total value of C$20,700.00.
  • On Friday, August 10th, Ewan Stewart Downie acquired 6,000 shares of Premier Gold Mines stock. The shares were purchased at an average cost of C$2.10 per share, with a total value of C$12,600.00.
  • On Friday, June 8th, Ewan Stewart Downie acquired 3,700 shares of Premier Gold Mines stock. The shares were purchased at an average cost of C$2.65 per share, with a total value of C$9,805.00.
  • On Monday, June 11th, Ewan Stewart Downie acquired 7,500 shares of Premier Gold Mines stock. The shares were purchased at an average cost of C$2.60 per share, with a total value of C$19,500.00.

Shares of Premier Gold Mines stock traded up C$0.05 during midday trading on Friday, reaching C$1.99. The company had a trading volume of 392,400 shares, compared to its average volume of 323,795. Premier Gold Mines Ltd. has a 1-year low of C$1.91 and a 1-year high of C$4.13.

PG has been the subject of several recent analyst reports. Scotiabank set a C$4.75 price objective on shares of Premier Gold Mines and gave the stock an “outperform” rating in a report on Wednesday, May 2nd. TD Securities lowered their price target on shares of Premier Gold Mines from C$3.25 to C$3.00 and set a “hold” rating for the company in a report on Thursday, August 9th. CIBC lowered their price target on shares of Premier Gold Mines from C$4.50 to C$3.75 in a report on Thursday, August 9th. Finally, 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, July 5th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of C$4.15.

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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