Primero Mining Corp (TSE:P) (NYSE:PPP) had its target price cut by TD Securities from C$1.20 to C$0.90 in a report published on Thursday morning. They currently have a hold rating on the stock.
Other analysts have also issued research reports about the company. BMO Capital Markets decreased their price objective on Primero Mining Corp from C$1.30 to C$1.20 in a report on Thursday, February 23rd. Scotiabank decreased their price objective on Primero Mining Corp from C$1.10 to C$1.00 and set a sector perform rating for the company in a report on Thursday, March 16th. CIBC decreased their price objective on Primero Mining Corp from C$1.20 to C$0.80 in a report on Thursday, March 16th. Finally, Desjardins increased their price objective on Primero Mining Corp from C$1.30 to C$1.40 in a report on Wednesday, December 21st. Two analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of Hold and a consensus target price of C$1.92.
Primero Mining Corp (TSE:P) opened at 0.76 on Thursday. The stock has a 50 day moving average price of $0.92 and a 200 day moving average price of $1.36. The stock’s market cap is $143.10 million. Primero Mining Corp has a 1-year low of $0.70 and a 1-year high of $3.42.
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.