Premier Gold Mines (PG-TSX)
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.