Beacon Securities Analysts Increase Earnings Estimates for Premier Gold Mines Ltd. (PG)
Premier Gold Mines Ltd. (TSE:PG) – Equities researchers at Beacon Securities boosted their FY2017 EPS estimates for shares of Premier Gold Mines in a report released on Tuesday. Beacon Securities analyst M. Curran now forecasts that the mining company will post earnings per share of $0.17 for the year, up from their previous estimate of $0.03. Beacon Securities has a “Hold” rating on the stock. Beacon Securities also issued estimates for Premier Gold Mines’ Q4 2017 earnings at $0.02 EPS.
A number of other research firms have also recently commented on PG. Scotiabank reaffirmed an “outperform” rating and set a C$5.00 target price on shares of Premier Gold Mines in a research note on Thursday, August 31st. BMO Capital Markets set a C$4.75 target price on Premier Gold Mines and gave the company an “outperform” rating in a research note on Thursday. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of C$4.50.
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Premier Gold Mines (PG) opened at C$3.71 on Friday. Premier Gold Mines has a 52 week low of C$1.87 and a 52 week high of C$4.13.
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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