Shares of Primero Mining Corp (TSE:P) (NYSE:PPP) have been assigned a consensus recommendation of “Hold” from the seven analysts that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is C$0.85.

Several brokerages recently issued reports on P. Royal Bank Of Canada lowered shares of Primero Mining Corp from a “sector perform” rating to an “underperform” rating in a report on Tuesday, September 5th. Scotiabank cut their price target on shares of Primero Mining Corp from C$0.80 to C$0.25 and set a “sector perform” rating on the stock in a report on Monday, August 14th. Finally, TD Securities cut their price target on shares of Primero Mining Corp from C$0.60 to C$0.30 and set a “hold” rating on the stock in a report on Friday, August 11th.

Primero Mining Corp (P) remained flat at $0.09 during trading on Wednesday. 101,094 shares of the company were exchanged. The stock’s 50-day moving average price is $0.18 and its 200 day moving average price is $0.50. The company’s market cap is $17.29 million. Primero Mining Corp has a 12-month low of $0.09 and a 12-month high of $2.33.

WARNING: This story was originally published by American Banking News and is owned by of American Banking News. If you are accessing this story on another website, it was stolen and republished in violation of United States and international copyright and trademark laws. The correct version of this story can be viewed at https://www.americanbankingnews.com/2017/09/20/primero-mining-corp-p-given-average-recommendation-of-hold-by-brokerages.html.

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)

Receive News & Ratings for Primero Mining Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Primero Mining Corp and related companies with MarketBeat.com's FREE daily email newsletter.