Desjardins Upgrades Probe Gold (TSE:PRB) to Moderate Buy

Desjardins upgraded shares of Probe Gold (TSE:PRB) to a moderate buy rating in a research note released on Tuesday morning,Zacks.com reports.

Separately, Scotiabank raised shares of Probe Gold to a “strong-buy” rating in a report on Wednesday, January 8th.

Probe Gold Stock Performance

TSE:PRB opened at C$1.99 on Tuesday. The stock has a market capitalization of C$358.95 million, a price-to-earnings ratio of -13.65 and a beta of 1.77. Probe Gold has a 1 year low of C$1.08 and a 1 year high of C$2.15. The stock has a fifty day moving average price of C$1.90 and a two-hundred day moving average price of C$1.77.

About Probe Gold

Probe Metals Inc is a metal exploration company. The company is engaged in the acquisition, exploration, and development of gold properties in Quebec. Its projects include Val-d’Or East, Detour Quebec, Casa-Cameron, and others.