TD Securities cut shares of Premier Gold Mines Ltd. (TSE:PG) from a speculative buy rating to a hold rating in a report issued on Monday morning. They currently have C$4.00 price objective on the stock, down from their previous price objective of C$5.50.
Other analysts have also issued reports about the stock. RBC Capital Markets upped their price target on shares of Premier Gold Mines from C$5.25 to C$6.00 and gave the company an outperform rating in a research report on Thursday, August 4th. CIBC increased their target price on shares of Premier Gold Mines from C$4.50 to C$5.50 in a report on Thursday, August 4th. Royal Bank Of Canada increased their target price on shares of Premier Gold Mines from C$5.25 to C$6.00 and gave the stock an outperform rating in a report on Thursday, August 4th. Finally, Scotiabank reiterated an outperform rating and set a C$6.00 target price on shares of Premier Gold Mines in a report on Tuesday, October 4th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Premier Gold Mines presently has a consensus rating of Buy and a consensus price target of C$5.02.
Premier Gold Mines (TSE:PG) opened at 3.22 on Monday. The firm’s 50-day moving average price is $4.06 and its 200-day moving average price is $3.86. The firm’s market cap is $590.38 million. Premier Gold Mines has a 1-year low of $2.12 and a 1-year high of $5.05.
Premier Gold Mines Company Profile
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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