Premier Gold Mines (TSE:PG) received a C$4.75 price objective from equities researchers at Scotiabank in a research report issued on Thursday. The firm currently has an “outperform” rating on the mining company’s stock. Scotiabank’s price objective suggests a potential upside of 34.94% from the company’s previous close.
Several other equities analysts have also weighed in on PG. Beacon Securities lowered shares of Premier Gold Mines from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. BMO Capital Markets set a C$4.75 price objective on shares of Premier Gold Mines and gave the company an “outperform” rating in a research report on Thursday, November 16th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of C$4.31.
Shares of Premier Gold Mines (TSE PG) opened at C$3.52 on Thursday. The company has a market cap of $712.33, a price-to-earnings ratio of 14.08 and a beta of -0.47. Premier Gold Mines has a 12 month low of C$2.17 and a 12 month high of C$4.13.
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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