Primero Mining Corp’s (P) “Sector Perform” Rating Reiterated at Scotiabank
Primero Mining Corp (TSE:P) (NYSE:PPP)‘s stock had its “sector perform” rating reissued by investment analysts at Scotiabank in a research note issued on Wednesday.
A number of other equities research analysts have also issued reports on P. TD Securities decreased their target price on shares of Primero Mining Corp from C$0.60 to C$0.30 and set a “hold” rating for the company in a research note on Friday, August 11th. Canaccord Genuity lowered shares of Primero Mining Corp from a “buy” rating to a “speculative buy” rating and decreased their target price for the company from C$0.90 to C$0.40 in a research note on Friday, September 29th. Finally, Royal Bank Of Canada lowered shares of Primero Mining Corp from a “sector perform” rating to an “underperform” rating in a research note on Tuesday, September 5th. Three equities research analysts have rated the stock with a sell rating and four have issued a hold rating to the company. The company has a consensus rating of “Hold” and an average target price of C$0.71.
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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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