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

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Raymond James set a C$0.90 price objective on Pure Gold Mining (CVE:PGM) in a report issued on Wednesday. The brokerage currently has an outperform rating on the stock.

CVE:PGM traded down C$0.02 during mid-day trading on Wednesday, reaching C$0.76. 64,025 shares of the company’s stock were exchanged, compared to its average volume of 368,192. The firm has a market cap of $194.82 million and a price-to-earnings ratio of -6.72. Pure Gold Mining has a one year low of C$0.50 and a one year high of C$0.81.

Pure Gold Mining (CVE:PGM) last announced its quarterly earnings data on Thursday, November 15th. The company reported C($0.03) earnings per share (EPS) for the quarter. As a group, analysts anticipate that Pure Gold Mining will post -0.0599999984210527 EPS for the current fiscal year.

Pure Gold Mining Company Profile

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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