Primero Mining Corp (TSE:P) had its target price decreased by Scotiabank from C$3.50 to C$2.00 in a report released on Thursday morning. Scotiabank currently has a sector perform rating on the stock.

A number of other research firms also recently weighed in on P. Desjardins downgraded shares of Primero Mining Corp from a buy rating to a hold rating in a research note on Wednesday, July 13th. Dundee Securities downgraded shares of Primero Mining Corp from a buy rating to a neutral rating in a research note on Thursday, July 14th. TD Securities dropped their price target on shares of Primero Mining Corp from C$3.75 to C$3.25 and set a buy rating for the company in a research note on Friday, August 5th. Canaccord Genuity lowered their target price on shares of Primero Mining Corp from C$4.50 to C$4.25 and set a buy rating for the company in a research note on Saturday, August 6th. Finally, CIBC lowered their target price on shares of Primero Mining Corp from C$4.00 to C$3.00 in a research note on Saturday, August 6th. Two investment 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. The stock has an average rating of Hold and a consensus target price of C$2.46.

Primero Mining Corp (TSE:P) opened at 1.07 on Thursday. The firm’s market cap is $201.08 million. Primero Mining Corp has a 1-year low of $1.01 and a 1-year high of $3.78. The company has a 50-day moving average of $1.89 and a 200-day moving average of $2.32.

About Primero Mining Corp

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