Primero Mining Corp (TSE: P) recently received a number of ratings updates from brokerages and research firms:

  • 11/10/2016 – Primero Mining Corp had its price target lowered by analysts at Scotiabank from C$3.50 to C$2.00. They now have a “sector perform” rating on the stock.
  • 11/10/2016 – Primero Mining Corp was downgraded by analysts at Desjardins from a “buy” rating to a “hold” rating.
  • 11/10/2016 – Primero Mining Corp was downgraded by analysts at CIBC from a “sector perform” rating to an “underperform” rating.
  • 11/10/2016 – Primero Mining Corp was downgraded by analysts at TD Securities from a “buy” rating to a “hold” rating. They now have a C$1.65 price target on the stock, down previously from C$3.25.
  • 11/10/2016 – Primero Mining Corp had its price target lowered by analysts at Royal Bank Of Canada from C$3.00 to C$2.00. They now have a “sector perform” rating on the stock.
  • 11/10/2016 – Primero Mining Corp had its price target lowered by analysts at BMO Capital Markets from C$2.75 to C$1.60.
  • 11/10/2016 – Primero Mining Corp had its price target lowered by analysts at Canaccord Genuity from C$3.25 to C$2.00. They now have a “buy” rating on the stock.
  • 10/24/2016 – Primero Mining Corp had its price target lowered by analysts at Canaccord Genuity from C$4.25 to C$3.25.
  • 10/20/2016 – Primero Mining Corp was upgraded by analysts at Desjardins from a “hold” rating to a “buy” rating.

Shares of Primero Mining Corp (TSE:P) traded down 1.67% during trading on Tuesday, hitting $1.18. The stock had a trading volume of 278,100 shares. The firm’s market cap is $222.18 million. The firm has a 50 day moving average price of $1.62 and a 200 day moving average price of $2.23. Primero Mining Corp has a 12-month low of $1.01 and a 12-month high of $3.78.

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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