Raymond James Financial, Inc. Reaffirms “Outperform” Rating for Peregrine Metals Ltd. (PGM)

Peregrine Metals Ltd. (TSE:PGM)‘s stock had its “outperform” rating reaffirmed by equities research analysts at Raymond James Financial, Inc. in a report issued on Monday. They currently have a C$1.00 target price on the mining company’s stock.

Separately, Canaccord Genuity reissued a “speculative buy” rating and issued a C$0.90 target price on shares of Peregrine Metals in a report on Monday, December 12th.

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Peregrine Metals Company Profile

Peregrine Metals Ltd. (Peregrine), together with its subsidiaries, is a Canada-based mining company. The Company is engaged in the exploration, development and recovery of base and precious metals. The Company’s interests consisting primarily of a group of adjoining copper and gold exploration properties, known as the Altar Project, which is located in San Juan Province, Argentina.

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