Primero Mining Corp (NASDAQ:PPPMF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Thursday.

According to Zacks, “Primero Mining Corporation is engaged in exploration, acquisition and development of mineral resource properties. The Company mainly explores for gold and silver. Its properties include San Dimas gold-silver mine in Mexico. It focuses on building a precious metals portfolio in the Americas. Primero Mining Corporation is based in Canada. “

Separately, Royal Bank Of Canada cut Primero Mining Corp from a “sector perform” rating to an “underperform” rating in a report on Tuesday, September 5th.

Primero Mining Corp (NASDAQ:PPPMF) traded up 6.67% during trading on Thursday, hitting $0.08. The stock had a trading volume of 174,927 shares. The firm’s market cap is $15.37 million. Primero Mining Corp has a 12-month low of $0.07 and a 12-month high of $1.80. The stock’s 50 day moving average price is $0.21 and its 200 day moving average price is $0.40.

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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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