Premier Gold Mines (TSE:PG) Shares Pass Above 200 Day Moving Average – What’s Next?

Shares of Premier Gold Mines Limited (TSE:PG) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.00 and traded as high as C$3.00. Premier Gold Mines shares last traded at C$2.96, with a volume of 93,540 shares changing hands.

Premier Gold Mines Price Performance

The firm has a market cap of C$702.84 million and a P/E ratio of -17.72. The stock has a 50-day simple moving average of C$2.96. The company has a debt-to-equity ratio of 15.28, a quick ratio of 0.67 and a current ratio of 2.77.

Premier Gold Mines Company Profile

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 Sonora, Mexico; a 40% interest in the South Arturo Mine situated in Elko County, Nevada; a 50% interest in the Greenstone Gold Property 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 Gold project situated in Red Lake Mining District, Ontario.