Pure Gold Mining (PGM) Given a C$0.90 Price Target by Raymond James Analysts

Raymond James set a C$0.90 price target on Pure Gold Mining (CVE:PGM) in a research report report published on Thursday. The firm currently has an outperform rating on the stock.

Shares of PGM traded down C$0.01 during trading hours on Thursday, reaching C$0.63. 328,770 shares of the company’s stock traded hands, compared to its average volume of 476,983. The firm has a market capitalization of $158.93 million and a price-to-earnings ratio of -5.43. Pure Gold Mining has a twelve month low of C$0.50 and a twelve month high of C$0.81.

About Pure Gold Mining

Pure Gold Mining Inc, an exploration stage company, engages in the acquisition, exploration, and development of gold, and other precious and base metal properties in Canada. It primarily holds a 100% interest in the Madsen Gold project comprising 257 mining claims that covers an area of approximately 4,600 hectares located in the prolific Red Lake gold camp of Northwestern Ontario.

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