Scotiabank reissued their outperform rating on shares of Premier Gold Mines Ltd. (TSE:PG) in a research report released on Tuesday morning. Scotiabank currently has a C$6.00 target price on the stock.
A number of other equities research analysts have also commented on PG. TD Securities reiterated a speculative buy rating and issued a C$5.50 target price on shares of Premier Gold Mines in a research report on Tuesday, July 26th. CIBC upped their target price on Premier Gold Mines from C$4.50 to C$5.50 in a research report on Thursday, August 4th. Royal Bank Of Canada upped their target price on 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. Finally, RBC Capital Markets upped their target price on 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. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of Buy and a consensus target price of C$5.24.
Shares of Premier Gold Mines (TSE:PG) opened at 4.28 on Tuesday. The stock’s 50 day moving average is $4.53 and its 200 day moving average is $3.81. Premier Gold Mines has a 52-week low of $2.12 and a 52-week high of $5.05. The company’s market cap is $784.73 million.
About Premier Gold Mines
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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