Primero Mining Corp Forecasted to Earn Q3 2017 Earnings of ($0.01) Per Share (P)

Primero Mining Corp (TSE:P) (NYSE:PPP) – Equities research analysts at Cormark issued their Q3 2017 EPS estimates for shares of Primero Mining Corp in a research report issued to clients and investors on Monday. Cormark analyst R. Gray expects that the company will post earnings of ($0.01) per share for the quarter.

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Several other brokerages also recently commented on P. TD Securities lowered their price objective on shares of Primero Mining Corp from C$0.60 to C$0.30 and set a “hold” rating for the company in a research note on Friday, August 11th. Scotiabank lowered their price objective on shares of Primero Mining Corp from C$0.80 to C$0.25 and set a “sector perform” rating for the company in a research note on Monday, August 14th. Royal Bank Of Canada downgraded shares of Primero Mining Corp from a “sector perform” rating to an “underperform” rating in a research note on Tuesday, September 5th. Finally, Canaccord Genuity cut shares of Primero Mining Corp from a “buy” rating to a “speculative buy” rating and reduced their price target for the company from C$0.90 to C$0.40 in a research report on Friday, September 29th. Three equities research analysts have rated the stock with a sell rating and four have given a hold rating to the company. Primero Mining Corp has a consensus rating of “Hold” and a consensus price target of C$0.71.

Shares of Primero Mining Corp (TSE:P) opened at 0.085 on Wednesday. Primero Mining Corp has a one year low of $0.08 and a one year high of $2.22. The firm’s market capitalization is $16.33 million. The firm’s 50-day moving average price is $0.10 and its 200-day moving average price is $0.40.

About Primero Mining Corp

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.

Earnings History and Estimates for Primero Mining Corp (TSE:P)

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