Scotiabank reissued their outperform rating on shares of Premier Gold Mines Ltd. (TSE:PG) in a report published on Tuesday. They currently have a C$6.00 target price on the stock.

Analyst Recommendations for Premier Gold Mines (TSE:PG)

Several other equities research analysts have also weighed in on the company. TD Securities reissued a speculative buy rating and set a C$5.50 price objective on shares of Premier Gold Mines in a research note on Tuesday, July 26th. Royal Bank Of Canada raised their price objective on Premier Gold Mines from C$5.25 to C$6.00 and gave the stock an outperform rating in a research note on Thursday, August 4th. RBC Capital Markets raised their price objective on Premier Gold Mines from C$5.25 to C$6.00 and gave the stock an outperform rating in a research note on Thursday, August 4th. Finally, CIBC raised their price objective on Premier Gold Mines from C$4.50 to C$5.50 in a research note on Thursday, August 4th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus target price of C$5.24.

Shares of Premier Gold Mines (TSE:PG) opened at 4.40 on Tuesday. The stock’s market cap is $806.73 million. Premier Gold Mines has a 52-week low of $2.12 and a 52-week high of $5.05. The firm’s 50-day moving average price is $4.55 and its 200-day moving average price is $3.80.

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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