Premier Gold Mines (TSE:PG) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

Premier Gold Mines Limited (TSE:PG)’s share price 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 trading hands.

Premier Gold Mines Price Performance

The company has a market capitalization of C$702.84 million and a P/E ratio of -17.72. The company has a current ratio of 2.77, a quick ratio of 0.67 and a debt-to-equity ratio of 15.28. The business has a fifty day moving average of C$2.96.

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.