TD Securities Trims Premier Gold Mines (PG) Target Price to C$3.00

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Premier Gold Mines (TSE:PG) had its price objective cut by TD Securities from C$3.25 to C$3.00 in a research note issued to investors on Thursday. They currently have a hold rating on the mining company’s stock.

A number of other equities analysts have also issued reports on PG. CIBC dropped their target price on shares of Premier Gold Mines from C$4.50 to C$3.75 in a research report on Thursday. Scotiabank set a C$4.75 target price on shares of Premier Gold Mines and gave the stock an outperform rating in a research report on Wednesday, April 18th. Finally, Royal Bank of Canada reaffirmed an outperform rating and set a C$4.50 target price on shares of Premier Gold Mines in a research report on Thursday, July 5th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Premier Gold Mines presently has a consensus rating of Buy and a consensus price target of C$4.15.

Shares of Premier Gold Mines opened at C$2.12 on Thursday, Marketbeat reports. Premier Gold Mines has a 1 year low of C$2.08 and a 1 year high of C$4.13.

In other Premier Gold Mines news, Director John Seaman sold 47,500 shares of the business’s stock in a transaction on Wednesday, July 11th. The shares were sold at an average price of C$2.74, for a total value of C$130,150.00. Also, insider Steven John Filipovic sold 10,000 shares of the business’s stock in a transaction on Monday, July 16th. The shares were sold at an average price of C$2.67, for a total transaction of C$26,700.00. In the last three months, insiders acquired 22,600 shares of company stock worth $56,663 and sold 100,000 shares worth $275,100.

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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Analyst Recommendations for Premier Gold Mines (TSE:PG)

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