Primero Mining Corp. (fka PPPMF)

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Scotiabank Gives PPPMF $1.50 price target!!


Scotiabank Analysts Give Primero Mining Corp (P) a C$1.50 Price Target
September 11, 2017 Ivanka Thompson
Scotiabank Analysts Give Primero Mining Corp (P) a C$1.50 Price Target


Several other equities analysts have also recently issued reports on P. Desjardins upgraded Primero Mining Corp from a “hold” rating to a “buy” rating in a research report on Thursday, October 20th. Canaccord Genuity dropped their price target on Primero Mining Corp from C$4.25 to C$3.25 in a research report on Monday, October 24th. Royal Bank Of Canada dropped their price target on Primero Mining Corp from C$3.00 to C$2.00 and set a “sector perform” rating on the stock in a research report on Thursday, November 10th. CIBC cut Primero Mining Corp from a “sector perform” rating to an “underperform” rating in a research report on Thursday, November 10th. Finally, BMO Capital Markets dropped their price target on Primero Mining Corp from C$2.75 to C$1.60 in a research report on Thursday, November 10th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of C$2.14.

Primero Mining Corp (TSE:P) (NYSE:PPP) has been assigned a C$1.50 price target by equities research analysts at Scotiabank in a research report issued to clients and investors on Thursday. The firm currently has a “sector perform” rating on the stock. Scotiabank’s target price suggests a potential upside of 48.51% from the stock’s previous close.


Shares of Primero Mining Corp (TSE:P) traded down 1.98% during trading on Thursday, reaching $0.99. The company’s stock had a trading volume of 303,943 shares. The company has a 50 day moving average price of $1.08 and a 200 day moving average price of $1.90. The firm’s market capitalization is $186.40 million. Primero Mining Corp has a 52 week low of $0.94 and a 52 week high of $3.78.

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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