Scotiabank Analysts Give Premier Gold Mines (TSE:PG) a C$4.75 Price Target

Scotiabank set a C$4.75 target price on Premier Gold Mines (TSE:PG) in a research report report published on Thursday, January 11th. The firm currently has an outperform rating on the mining company’s stock.

PG has been the topic of several other research reports. Beacon Securities downgraded shares of Premier Gold Mines from a buy rating to a hold rating in a research note on Tuesday, November 14th. BMO Capital Markets set a C$4.75 target price on shares of Premier Gold Mines and gave the company an outperform rating in a research report on Thursday, November 16th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Premier Gold Mines has an average rating of Buy and an average price target of C$4.31.

Premier Gold Mines (TSE:PG) opened at C$3.42 on Thursday. Premier Gold Mines has a 12-month low of C$2.17 and a 12-month high of C$4.13. The company has a market cap of $691.59, a price-to-earnings ratio of 13.68 and a beta of -0.60.

Premier Gold Mines (TSE:PG) last announced its earnings results on Tuesday, November 7th. The mining company reported C$0.02 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of C($0.01) by C$0.03. Premier Gold Mines had a net margin of 6.21% and a return on equity of 3.98%.

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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.

Analyst Recommendations for Premier Gold Mines (TSE:PG)

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