Probe Gold (TSE:PRB) Upgraded by Scotiabank to “Strong-Buy” Rating

Probe Gold (TSE:PRB) was upgraded by research analysts at Scotiabank to a “strong-buy” rating in a report issued on Wednesday,Zacks.com reports.

A number of other research analysts also recently commented on PRB. Desjardins upgraded Probe Gold to a “moderate buy” rating in a research note on Monday, December 9th. BMO Capital Markets raised shares of Probe Gold to a “strong-buy” rating in a report on Thursday, September 12th.

Probe Gold Stock Performance

Shares of PRB stock opened at C$1.87 on Wednesday. The firm has a market capitalization of C$338.51 million, a P/E ratio of -8.90 and a beta of 1.77. The company has a 50 day moving average of C$1.63. Probe Gold has a 52 week low of C$1.08 and a 52 week high of C$2.01.

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.