Scotiabank Reiterates Outperform Rating for Premier Gold Mines Ltd. (PG)

Scotiabank reissued their outperform rating on shares of Premier Gold Mines Ltd. (TSE:PG) in a report issued on Thursday morning. They currently have a C$5.00 target price on the mining company’s stock.

Shares of Premier Gold Mines (TSE PG) opened at 3.89 on Thursday. The stock has a market cap of $784.27 million and a price-to-earnings ratio of 18.18. Premier Gold Mines has a 52-week low of $1.87 and a 52-week high of $4.69. The stock’s 50 day moving average is $3.44 and its 200 day moving average is $3.04.

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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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