Shares of Primero Mining Corp (TSE:P) (NYSE:PPP) have earned an average recommendation of “Hold” from the eleven ratings firms that are presently covering the firm. One investment analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating on the company. The average 1 year price target among brokers that have covered the stock in the last year is C$1.63.
Several analysts have commented on the stock. Scotiabank reaffirmed a “sector perform” rating and issued a C$1.00 target price on shares of Primero Mining Corp in a research note on Monday, March 27th. TD Securities decreased their price target on shares of Primero Mining Corp from C$1.20 to C$0.90 and set a “hold” rating on the stock in a report on Thursday, March 16th. CIBC decreased their price target on shares of Primero Mining Corp from C$1.20 to C$0.80 in a report on Thursday, March 16th. BMO Capital Markets decreased their price target on shares of Primero Mining Corp from C$1.30 to C$1.20 in a report on Thursday, February 23rd. Finally, Desjardins lifted their price target on shares of Primero Mining Corp from C$1.30 to C$1.40 in a report on Wednesday, December 21st.
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Primero Mining Corp (TSE:P) opened at 0.74 on Monday. The stock’s market cap is $141.28 million. The company has a 50-day moving average price of $0.84 and a 200 day moving average price of $1.29. Primero Mining Corp has a 12-month low of $0.70 and a 12-month high of $3.42.
Primero Mining Corp Company Profile
Primero Mining Corp. is a precious metals producer with operations in both Mexico and Canada. The Company is focused on building a portfolio of precious metals assets in the Americas through acquiring, exploring, developing and operating mineral resource properties. Its segments include San Dimas, Cerro del Gallo, Black Fox Complex and Corporate.
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