Primero Mining Corp (P) Cut to “Hold” at Desjardins
A number of other equities research analysts have also issued reports on the company. Scotiabank reduced their target price on Primero Mining Corp from C$4.00 to C$3.50 and set a sector perform rating on the stock in a research note on Friday, August 5th. Dundee Securities downgraded Primero Mining Corp from a buy rating to a neutral rating in a report on Thursday, July 14th. Cantor Fitzgerald downgraded Primero Mining Corp from a buy rating to a hold rating in a report on Friday, August 5th. Canaccord Genuity cut their price target on Primero Mining Corp from C$4.50 to C$4.25 and set a buy rating for the company in a report on Saturday, August 6th. Finally, CIBC cut their price target on Primero Mining Corp from C$4.00 to C$3.00 in a report on Saturday, August 6th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of C$2.46.
Primero Mining Corp (TSE:P) opened at 1.07 on Thursday. Primero Mining Corp has a 52-week low of $1.01 and a 52-week high of $3.78. The stock’s market capitalization is $201.08 million. The stock’s 50 day moving average price is $1.89 and its 200 day moving average price is $2.32.
About Primero Mining Corp
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