Premier Gold Mines (TSE:PG) had its price target increased by CIBC from C$3.00 to C$3.25 in a research report released on Monday, BayStreet.CA reports.
Separately, Canaccord Genuity cut shares of ProMetic Life Sciences to a hold rating in a research note on Tuesday, April 23rd.
Shares of TSE PG opened at C$2.33 on Monday. Premier Gold Mines has a 12-month low of C$1.39 and a 12-month high of C$2.85. The stock has a market cap of $444.01 million and a PE ratio of -24.53. The company has a debt-to-equity ratio of 6.56, a quick ratio of 2.00 and a current ratio of 2.60. The company’s 50-day simple moving average is C$2.02.
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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