Scotiabank upgraded shares of Probe Gold (TSE:PRB - Free Report) to a strong-buy rating in a research report released on Wednesday morning,Zacks.com reports.
A number of other analysts also recently issued reports on the stock. BMO Capital Markets upgraded shares of Probe Gold to a "strong-buy" rating in a report on Thursday, September 12th. Desjardins upgraded shares of Probe Gold to a "moderate buy" rating in a research note on Monday, December 9th.
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Probe Gold Price Performance
PRB stock traded down C$0.08 during trading on Wednesday, reaching C$1.87. The stock had a trading volume of 100,209 shares, compared to its average volume of 137,125. The stock has a market cap of C$338.51 million, a P/E ratio of -8.90 and a beta of 1.77. Probe Gold has a one year low of C$1.08 and a one year high of C$2.01. The stock has a 50 day moving average price of C$1.64.
About Probe Gold
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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.
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