Insider Buying: Premier Gold Mines Ltd. (PG) Director Purchases 10,000 Shares of Stock

Premier Gold Mines Ltd. (TSE:PG) Director John Seaman bought 10,000 shares of the company’s stock in a transaction that occurred on Thursday, December 6th. The stock was purchased at an average price of C$1.40 per share, for a total transaction of C$14,000.00.

Shares of TSE:PG opened at C$1.56 on Friday. Premier Gold Mines Ltd. has a 12-month low of C$1.39 and a 12-month high of C$3.94. The company has a quick ratio of 2.07, a current ratio of 2.73 and a debt-to-equity ratio of 0.02.

Premier Gold Mines (TSE:PG) last announced its quarterly earnings results on Tuesday, November 6th. The mining company reported C($0.01) earnings per share (EPS) for the quarter. The business had revenue of C$27.34 million during the quarter. Sell-side analysts anticipate that Premier Gold Mines Ltd. will post -0.03 EPS for the current fiscal year.

A number of equities research analysts recently commented on PG shares. CIBC dropped their target price on Premier Gold Mines from C$3.75 to C$3.00 in a research report on Thursday, September 6th. Canaccord Genuity decreased their price target on Premier Gold Mines from C$4.75 to C$4.50 in a report on Thursday, October 18th.

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About Premier Gold Mines

Premier Gold Mines Limited explores for, develops, and produces gold and silver deposits in Canada, the United States, and Mexico. It principally holds a 100% interest in the Mercedes Mine property located in the Southeast of Magdalena de Kino, in Sonora State, Mexico; a 40% interest in the South Arturo Mine situated in Elko County, Nevada; a 50% interest in the Greenstone Gold property, which includes the Hardrock project located in Ontario; a 100% interest in the McCoy-Cove project situated in Nevada; a 44% interest in the Rahil Bonaza project located in Northwestern Ontario; and a 100% interest in the Hasaga project situated in Red Lake Mining District, Ontario.

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Insider Buying and Selling by Quarter for Premier Gold Mines (TSE:PG)

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