Insider Selling: Premier Gold Mines Ltd. (PG) Insider Sells 40,000 Shares of Stock
Premier Gold Mines Ltd. (TSE:PG) insider Stephen John Mcgibbon sold 40,000 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of C$3.21, for a total value of C$128,400.00.
Shares of Premier Gold Mines Ltd. (TSE PG) opened at C$3.15 on Friday. Premier Gold Mines Ltd. has a 12-month low of C$2.17 and a 12-month high of C$4.13. The firm has a market capitalization of $637.45, a PE ratio of 12.60 and a beta of -0.33.
A number of equities research analysts have weighed in on PG shares. BMO Capital Markets set a C$4.75 price target on Premier Gold Mines and gave the company an “outperform” rating in a research report on Thursday, November 16th. Beacon Securities downgraded Premier Gold Mines from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. Finally, Scotiabank restated an “outperform” rating and set a C$5.00 price target on shares of Premier Gold Mines in a research report on Wednesday, December 13th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of C$4.31.
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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