National Bankshares Reiterates “C$3.65” Price Target for Probe Gold (CVE:PRB)

National Bankshares set a C$3.65 target price on Probe Gold (CVE:PRB) in a research report report published on Monday,BayStreet.CA reports. The brokerage currently has a tender rating on the stock.

PRB has been the subject of a number of other research reports. BMO Capital Markets downgraded Probe Gold from an “outperform” rating to a “market perform” rating and cut their price objective for the company from C$5.50 to C$3.65 in a research report on Monday. CIBC raised their price objective on Probe Gold from C$3.50 to C$4.50 in a research report on Friday, October 10th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of C$3.93.

Probe Gold Price Performance

Shares of Probe Gold stock opened at C$1.65 on Monday. Probe Gold has a 52 week low of C$1.09 and a 52 week high of C$2.33. The company has a current ratio of 16.90, a quick ratio of 10.23 and a debt-to-equity ratio of 1.28. The stock has a market cap of C$228.67 million and a PE ratio of -16.08. The company’s 50-day moving average price is C$1.65 and its two-hundred day moving average price is C$1.65.

About Probe Gold

Probe Metals Inc engages in the acquisition, exploration, and development of gold properties in Canada. The company's principal project is the Val-d'Or East project comprising 1,000 claims covering an area of 436 square kilometers located in the city of Val-d'Or, Quebec. It also holds interest in the Detour Quebec project, which includes approximately 1,434 claims covering ab area of 777 square kilometers located in north of Rouyn-Noranda, Quebec; and 100 % interest in Casa-Cameron project comprising 3 properties covering an area of approximately 169 square kilometers.