Primero Mining Corp (P) Given Average Recommendation of “Hold” by Analysts
Shares of Primero Mining Corp (TSE:P) have been assigned an average recommendation of “Hold” from the twelve analysts that are currently covering the firm. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is C$3.13.
P has been the topic of several research reports. Scotiabank reaffirmed a “sector perform” rating and issued a C$3.50 price target on shares of Primero Mining Corp in a report on Tuesday, September 20th. Desjardins set a C$2.70 target price on shares of Primero Mining Corp and gave the company a “hold” rating in a research note on Saturday, August 6th. Canaccord Genuity raised shares of Primero Mining Corp from a “hold” rating to a “buy” rating and boosted their target price for the company from C$2.50 to C$4.00 in a research note on Thursday, June 16th. TD Securities cut their target price on shares of Primero Mining Corp from C$3.75 to C$3.25 and set a “buy” rating on the stock in a research note on Friday, August 5th. Finally, CIBC cut their target price on shares of Primero Mining Corp from C$4.00 to C$3.00 in a research note on Saturday, August 6th.
Primero Mining Corp (TSE:P) traded up 0.51% during midday trading on Thursday, hitting $1.96. The stock had a trading volume of 271,540 shares. The firm has a 50 day moving average price of $2.09 and a 200 day moving average price of $2.40. Primero Mining Corp has a one year low of $1.90 and a one year high of $3.87. The stock’s market cap is $367.96 million.
Primero Mining Corp Company Profile
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