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.
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