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A statement released earlier today by Scotia Capital about Premier Gold Mines Limited (TSE:PG) bumps the target price to $6.00

Yesterday Premier Gold Mines Limited (TSE:PG) traded 1.81% lower at $4.97. Premier Gold Mines Limited’s 50-day moving average is $4.61 and its 200-day average is $3.77. With the last close up 15.39% relative to the two hundred day average, compared with the S&P 500 which has decreased -0.01% over the same time period. 6,867,439 shares of Premier Gold Mines Limited traded, up from ann avg. volume of 849,402.

Scotia Capital bumped the estimated target of Premier Gold Mines Limited (TSE:PG) to $6, reporting a possible upside of 0.21%,

Previously on 7/26/2016, TD Securities released a statement on Premier Gold Mines Limited(TSE:PG) bumped the target price from $0.00 to $5.50 that indicated a possible upside of 0.28%.

Recent Performance Graph:

Premier Gold Mines Limited (TSE:PG)

In addition to Scotia Capital reporting it’s target price, a total of 9 firms have issued a research note on the stock. The 12-month target stock price is $4.44 with one analyst rating the stock a strong buy, eight analysts rating the stock a buy, 0 firms rating the stock a hold, 0 rating the company to underperform, and finally 0 analysts rating the stock as sell.

With a market cap of $0.0, Premier Gold Mines Limited has a P/E of 0 with a 52 week low of $2.12 and a 52 week high of $5.05.

General Information About Premier Gold Mines Limited (TSE:PG)

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. The Trans-Canada Property is located in northern Ontario, Canada, approximately 200 kilometers northeast of Thunder Bay, and consists of three contiguous blocks comprising over 360 patented mining claims and 676 unpatented mining claims covering an aggregate area of over 28, 550.64 hectares. The Cove Project is located in Lander County in north-central Nevada within the Battle Mountain-Eureka mineral trend sitting within the Fish Creek Range, approximately 32 miles south-west of the town of Battle Mountain. The South Arturo Mine is located approximately 48 kilometers northwest of Carlin, and Nevada.

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