Premier Gold Mines Ltd. (TSE:PG) shares rose 2.7% on Thursday . The company traded as high as C$3.47 and last traded at C$3.41. Approximately 207,332 shares traded hands during trading, a decline of 45% from the average daily volume of 373,645 shares. The stock had previously closed at C$3.32.

PG has been the topic of a number of analyst reports. BMO Capital Markets set a C$4.75 price objective on Premier Gold Mines and gave the company an “outperform” rating in a research report on Thursday, November 16th. Beacon Securities cut Premier Gold Mines from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. Finally, Scotiabank reaffirmed an “outperform” rating and set a C$5.00 price objective on shares of Premier Gold Mines in a research report on Wednesday, December 13th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of C$4.31.

The stock has a market capitalization of $671.86, a price-to-earnings ratio of 13.76 and a beta of -0.47.

Premier Gold Mines (TSE:PG) last posted its quarterly earnings results on Tuesday, November 7th. The mining company reported C$0.02 EPS for the quarter, topping the Zacks’ consensus estimate of C($0.01) by C$0.03. Premier Gold Mines had a return on equity of 3.98% and a net margin of 6.21%. The company had revenue of C$62.30 million for the quarter.

TRADEMARK VIOLATION NOTICE: “Premier Gold Mines (PG) Stock Price Up 2.7%” was first reported by Daily Political and is the sole property of of Daily Political. If you are viewing this piece of content on another publication, it was illegally copied and reposted in violation of US & international copyright and trademark law. The legal version of this piece of content can be viewed at

About Premier Gold Mines

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.

Receive News & Ratings for Premier Gold Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Premier Gold Mines and related companies with's FREE daily email newsletter.