Probe Gold (TSE:PRB) Upgraded to “Strong-Buy” at Scotiabank

Scotiabank upgraded shares of Probe Gold (TSE:PRB) to a strong-buy rating in a report released on Wednesday morning,Zacks.com reports.

Several other equities research analysts also recently issued reports on PRB. Desjardins upgraded Probe Gold to a “moderate buy” rating in a report on Monday, December 9th. BMO Capital Markets upgraded shares of Probe Gold to a “strong-buy” rating in a report on Thursday, September 12th.

Probe Gold Trading Down 4.1 %

Shares of TSE PRB opened at C$1.87 on Wednesday. Probe Gold has a twelve month low of C$1.08 and a twelve month high of C$2.01. The stock’s fifty day moving average price is C$1.63. The company has a market capitalization of C$338.51 million, a PE ratio of -8.90 and a beta of 1.77.

About Probe Gold

Probe Gold Inc, a precious metal exploration company, engages in the acquisition, exploration, and development of gold properties in Canada. Its flagship asset is its 100%-owned Novador property comprising 436 square kilometers, which includes the Monique, Pascalis, and Courvan trends and their deposits located in the city of Val-d’Or, Quebec.