Premier Gold Mines (TSE:PG) Shares Cross Above 200 Day Moving Average – Should You Sell?

Premier Gold Mines Limited (TSE:PGGet Free Report)’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 changing hands.

Premier Gold Mines Price Performance

The company has a debt-to-equity ratio of 15.28, a quick ratio of 0.67 and a current ratio of 2.77. The company has a market capitalization of C$702.84 million and a price-to-earnings ratio of -17.72. The firm has a 50-day moving average price of C$2.96.

Premier Gold Mines Company Profile

(Get Free Report)

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.

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