Probe Gold (TSE:PRB) Upgraded at Scotiabank

Scotiabank upgraded shares of Probe Gold (TSE:PRB) to a strong-buy rating in a research note released on Wednesday morning,Zacks.com reports.

Other equities analysts have also recently issued reports about the company. Desjardins raised Probe Gold to a “moderate buy” rating in a research report on Monday, December 9th. BMO Capital Markets upgraded shares of Probe Gold to a “strong-buy” rating in a research note on Thursday, September 12th.

Probe Gold Stock Performance

Shares of PRB opened at C$1.87 on Wednesday. The stock has a 50 day moving average of C$1.63. Probe Gold has a 52 week low of C$1.08 and a 52 week high of C$2.01. The company has a market cap of C$338.51 million, a PE ratio of -8.90 and a beta of 1.77.

About Probe Gold

Probe Gold Inc, a precious metal exploration company, engages in the acquisition, exploration, and development of gold properties in Canada. Its flagship asset is its 100%-owned Novador property comprising 436 square kilometers, which includes the Monique, Pascalis, and Courvan trends and their deposits located in the city of Val-d’Or, Quebec.