Premier Gold Mines (TSE:PG) received a C$4.75 target price from Scotiabank in a research note issued on Thursday. The firm presently has an “outperform” rating on the mining company’s stock. Scotiabank’s price objective would indicate a potential upside of 34.56% from the company’s current price.
Several other research analysts also recently commented on PG. BMO Capital Markets set a C$4.75 target price on Premier Gold Mines and gave the stock an “outperform” rating in a report on Thursday, November 16th. Beacon Securities downgraded Premier Gold Mines from a “buy” rating to a “hold” rating in a report on Tuesday, November 14th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of C$4.45.
Premier Gold Mines (TSE PG) opened at C$3.53 on Thursday. The company has a market capitalization of $713.83, a PE ratio of 14.12 and a beta of -0.60. Premier Gold Mines has a twelve month low of C$2.17 and a twelve month high of C$4.13.
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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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