Primero Mining Corp Upgraded to “Top Pick” at Cormark (P)
P has been the subject of a number of other recent research reports. Analysts at BMO Capital Markets raised their price target on shares of Primero Mining Corp from C$9.00 to C$9.25 in a research note on Monday, June 23rd. They now have an “outperform” rating on the stock. Finally, analysts at Pi Financial cut their price target on shares of Primero Mining Corp from C$9.70 to C$9.40 in a research note on Friday, May 9th. One research analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. Primero Mining Corp presently has a consensus rating of “Buy” and an average price target of C$17.88.
Shares of Primero Mining Corp (TSE:P) traded up 3.03% during mid-day trading on Wednesday, hitting $8.50. The stock had a trading volume of 618,347 shares. Primero Mining Corp has a one year low of $4.37 and a one year high of $9.04. The stock has a 50-day moving average of $7.70 and a 200-day moving average of $7.04. The company’s market cap is $1.356 billion.
Primero Mining Corp (TSE:P) last posted its quarterly earnings results on Friday, May 9th. The company reported ($0.03) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.01 by $0.04. On average, analysts predict that Primero Mining Corp will post $0.10 earnings per share for the current fiscal year.
Primero Mining Corp. (TSE:P) is a precious metals producer with operations in Mexico.
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