Pre­mier Gold Mines (PG-TSX)

The Globe and Mail (BC Edition) - - GLOBE INVESTOR -

Close: $3.63, down 8¢

Al­though Pre­mier Gold Mines Ltd. had a “solid” third-quar­ter beat, tougher times lie ahead, Bea­con Se­cu­ri­ties Ltd. an­a­lyst Michael Cur­ran said, down­grad­ing it to “hold” from “buy.” “We think PG shares will strug­gle to de­liver pos­i­tive news­flow in 2018 as it ad­vances sev­eral projects to­wards pro­duc­tion de­ci­sions over the next few years,” he said.

Tar­get: His tar­get fell to $4.35 from $5. Con­sen­sus is $4.48.

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