Premier Gold Mines (PG) Given a C$4.75 Price Target at Scotiabank
Scotiabank set a C$4.75 price objective on Premier Gold Mines (TSE:PG) in a research note published on Thursday morning. The brokerage currently has an outperform rating on the mining company’s stock.
Several other research firms have also recently issued reports on PG. BMO Capital Markets set a C$4.75 price objective on shares of Premier Gold Mines and gave the stock an outperform rating in a research report on Thursday, November 16th. Beacon Securities cut shares of Premier Gold Mines from a buy rating to a hold rating in a research report on Tuesday, November 14th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus target price of C$4.45.
Premier Gold Mines (TSE:PG) traded up C$0.11 during trading on Thursday, hitting C$3.53. 755,284 shares of the stock traded hands, compared to its average volume of 392,560. The stock has a market cap of $713.83, a PE ratio of 14.12 and a beta of -0.60. Premier Gold Mines has a 1-year low of C$2.17 and a 1-year high of C$4.13.
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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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