Equities Analysts Issue Forecasts for Primero Mining Corp’s Q3 2017 Earnings (P)
Primero Mining Corp (TSE:P) (NYSE:PPP) – Stock analysts at Cormark issued their Q3 2017 EPS estimates for shares of Primero Mining Corp in a report issued on Monday. Cormark analyst R. Gray expects that the company will post earnings of ($0.01) per share for the quarter.
A number of other research analysts have also commented on P. TD Securities decreased 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 research note on Friday, August 11th. Scotiabank decreased their target price 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 research report on Monday, August 14th. Royal Bank Of Canada lowered shares of Primero Mining Corp from a “sector perform” rating to an “underperform” rating in a research report on Tuesday, September 5th. Finally, Canaccord Genuity lowered shares of Primero Mining Corp from a “buy” rating to a “speculative buy” rating and decreased their target price for the stock from C$0.90 to C$0.40 in a research report on Friday, September 29th. Three investment analysts have rated the stock with a sell rating and four have given a hold rating to the company. The company presently has an average rating of “Hold” and a consensus price target of C$0.71.
Shares of Primero Mining Corp (TSE P) opened at 0.085 on Wednesday. Primero Mining Corp has a 12 month low of $0.08 and a 12 month high of $2.22. The firm’s market capitalization is $16.33 million. The stock has a 50 day moving average price of $0.10 and a 200 day moving average price of $0.42.
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.
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