Probe Gold (TSE:PRB) Stock Rating Upgraded by Scotiabank

Scotiabank upgraded shares of Probe Gold (TSE:PRB) to a strong-buy rating in a report released on Wednesday morning,Zacks.com reports.

Other analysts have also issued reports about the stock. Desjardins raised shares of Probe Gold to a “moderate buy” rating in a research report on Monday, December 9th. BMO Capital Markets raised shares of Probe Gold to a “strong-buy” rating in a research report on Thursday, September 12th.

Probe Gold Trading Down 4.1 %

Shares of TSE:PRB opened at C$1.87 on Wednesday. Probe Gold has a 12 month low of C$1.08 and a 12 month high of C$2.01. The firm has a 50-day simple moving average of C$1.63. The company has a market cap of C$338.51 million, a P/E ratio of -8.90 and a beta of 1.77.

Probe Gold Company Profile

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.