Pure Gold Mining (CVE:PGM) has been given a C$0.90 target price by equities research analysts at Raymond James in a report released on Tuesday. The firm currently has an “outperform” rating on the stock. Raymond James’ price objective would suggest a potential upside of 30.43% from the company’s previous close.
Shares of PGM stock opened at C$0.69 on Tuesday. The company has a market capitalization of $179.44 million and a price-to-earnings ratio of -5.86. Pure Gold Mining has a fifty-two week low of C$0.50 and a fifty-two week high of C$0.81.
Pure Gold Mining (CVE:PGM) last issued its earnings results on Thursday, November 15th. The company reported C($0.03) earnings per share for the quarter. On average, equities analysts anticipate that Pure Gold Mining will post -0.0599999982857143 EPS for the current year.
Pure Gold Mining Inc, an exploration stage company, engages in the acquisition, exploration, and development of gold, and other precious and base metal properties in Canada. It primarily holds a 100% interest in the Madsen Gold project comprising 257 mining claims that covers an area of approximately 4,600 hectares located in the prolific Red Lake gold camp of Northwestern Ontario.
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