Insider Buying: Premier Gold Mines Ltd. (PG) Director Acquires 25,000 Shares of Stock


Premier Gold Mines Ltd. (TSE:PG) Director Ewan Stewart Downie bought 25,000 shares of the firm’s stock in a transaction on Tuesday, March 12th. The stock was acquired at an average cost of C$1.76 per share, for a total transaction of C$44,000.00. Following the completion of the purchase, the director now directly owns 4,135,278 shares in the company, valued at C$7,278,089.28.


PG traded down C$0.01 during trading on Tuesday, reaching C$1.75. The company’s stock had a trading volume of 247,770 shares, compared to its average volume of 478,571. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.73 and a quick ratio of 2.07. Premier Gold Mines Ltd. has a 1 year low of C$1.39 and a 1 year high of C$3.35. The firm has a market capitalization of $369.92 million and a price-to-earnings ratio of -23.03.

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Premier Gold Mines Company Profile

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 the Southeast of Magdalena de Kino, in Sonora State, Mexico; a 40% interest in the South Arturo Mine situated in Elko County, Nevada; a 50% interest in the Greenstone Gold property, which includes the Hardrock project 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 project situated in Red Lake Mining District, Ontario.

Further Reading: What does cost of debt say about a company’s financial health?

Insider Buying and Selling by Quarter for Premier Gold Mines (TSE:PG)