Shares of Primero Mining Corp (TSE:P) (NYSE:PPP) have been given an average rating of “Hold” by the nine analysts that are covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and one has issued a buy recommendation on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is C$1.04.

P has been the topic of a number of research reports. Desjardins lowered shares of Primero Mining Corp from a “hold” rating to a “sell” rating in a research report on Monday, May 15th. Scotiabank reissued a “sector perform” rating and set a C$1.00 price target on shares of Primero Mining Corp in a research note on Tuesday, April 4th. TD Securities dropped their price target on shares of Primero Mining Corp from C$1.20 to C$0.90 and set a “hold” rating for the company in a research note on Thursday, March 16th. Royal Bank Of Canada dropped their price target on shares of Primero Mining Corp from C$1.60 to C$0.95 and set a “sector perform” rating for the company in a research note on Thursday, April 6th. Finally, BMO Capital Markets reissued a “market perform” rating and set a C$0.90 price target on shares of Primero Mining Corp in a research note on Monday, April 17th.

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Primero Mining Corp (TSE:P) traded down 4.65% on Friday, hitting $0.41. 52,773 shares of the company were exchanged. The firm’s market cap is $78.65 million. Primero Mining Corp has a one year low of $0.41 and a one year high of $3.42. The stock has a 50 day moving average price of $0.55 and a 200 day moving average price of $0.80.

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.

Analyst Recommendations for Primero Mining Corp (TSE:P)

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