Premier Gold Mines Ltd. (PG) Shares Down 4.3%

Premier Gold Mines Ltd. (TSE:PG)’s share price was down 4.3% on Thursday . The stock traded as low as C$3.33 and last traded at C$3.36. Approximately 380,936 shares traded hands during trading, a decline of 37% from the average daily volume of 603,806 shares. The stock had previously closed at C$3.51.

Separately, Scotiabank reaffirmed an “outperform” rating and issued a C$5.00 price objective on shares of Premier Gold Mines in a research report on Thursday, July 27th.

The stock has a market cap of $687.50 million and a PE ratio of 15.93. The firm’s 50-day moving average price is $3.70 and its 200 day moving average price is $3.25.

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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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