Premier Gold Mines Ltd. (TSE:PG) shares reached a new 52-week low on Tuesday . The company traded as low as C$1.59 and last traded at C$1.61, with a volume of 128130 shares changing hands. The stock had previously closed at C$1.64.

A number of research analysts recently weighed in on PG shares. CIBC dropped their price target on shares of Premier Gold Mines from C$3.75 to C$3.00 in a research report on Thursday, September 6th. TD Securities dropped their price target on shares of Premier Gold Mines from C$3.25 to C$3.00 and set a “hold” rating on the stock in a research report on Thursday, August 9th. Finally, Canaccord Genuity dropped their price target on shares of Premier Gold Mines from C$4.75 to C$4.50 in a research report on Thursday, October 18th.

The company has a quick ratio of 2.07, a current ratio of 2.73 and a debt-to-equity ratio of 0.02.

In related news, Director Ron Little acquired 30,000 shares of the firm’s stock in a transaction that occurred on Monday, October 22nd. The stock was acquired at an average price of C$1.89 per share, for a total transaction of C$56,700.00. Insiders have purchased 60,000 shares of company stock valued at $109,400 in the last 90 days.

TRADEMARK VIOLATION NOTICE: “Premier Gold Mines (PG) Reaches New 12-Month Low at $1.59” was originally reported by Daily Political and is the property of of Daily Political. If you are viewing this report on another website, it was copied illegally and republished in violation of international trademark and copyright laws. The legal version of this report can be read at

Premier Gold Mines Company Profile (TSE:PG)

Premier Gold Mines Limited explores for, develops, and produces gold and silver deposits in Canada, the United States, and Mexico. It principally holds a 100% interest in the Mercedes Mine property located in the Southeast of Magdalena de Kino, in Sonora State, Mexico; a 40% interest in the South Arturo Mine situated in Elko County, Nevada; a 50% interest in the Greenstone Gold property, which includes the Hardrock project located in Ontario; a 100% interest in the McCoy-Cove project situated in Nevada; a 44% interest in the Rahil Bonaza project located in Northwestern Ontario; and a 100% interest in the Hasaga project situated in Red Lake Mining District, Ontario.

Featured Story: Yield Curve

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.