The Premier Gold Mines Ltd. (PG) Rating Reiterate by Scotiabank

The Premier Gold Mines Ltd. (PG) Rating Reiterate by Scotiabank

Premier Gold Mines Ltd. (TSE:PG)‘s stock had its “outperform” rating reaffirmed by research analysts at Scotiabank in a research report issued to clients and investors on Thursday. They currently have a C$6.00 price objective on the stock. Scotiabank’s price target suggests a potential upside of 109.06% from the stock’s previous close.

Several other research firms have also weighed in on PG. RBC Capital Markets boosted their price objective on shares of Premier Gold Mines from C$5.25 to C$6.00 and gave the stock an “outperform” rating in a research note on Thursday, August 4th. CIBC boosted their price objective on shares of Premier Gold Mines from C$4.50 to C$5.50 in a research note on Thursday, August 4th. Royal Bank Of Canada boosted their price objective on shares of Premier Gold Mines from C$5.25 to C$6.00 and gave the stock an “outperform” rating in a research note on Thursday, August 4th. Finally, TD Securities restated a “speculative buy” rating and set a C$5.50 price objective on shares of Premier Gold Mines in a research note on Tuesday, July 26th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of C$5.28.

Shares of Premier Gold Mines (TSE:PG) opened at 2.87 on Thursday. The stock’s 50 day moving average is $3.76 and its 200 day moving average is $3.85. The firm’s market cap is $526.21 million. Premier Gold Mines has a 12-month low of $2.12 and a 12-month high of $5.05.

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