Shares of Primero Mining Corp (TSE:P) (NYSE:PPP) have been given an average recommendation of “Hold” by the seven research firms that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is C$0.60.

P has been the topic of a number of research reports. Scotiabank reissued a “sector perform” rating on shares of Primero Mining Corp in a research note on Wednesday, October 11th. Royal Bank Of Canada downgraded Primero Mining Corp from a “sector perform” rating to an “underperform” rating in a research note on Tuesday, September 5th. Canaccord Genuity downgraded Primero Mining Corp from a “buy” rating to a “speculative buy” rating and dropped their price objective for the stock from C$0.90 to C$0.40 in a research note on Friday, September 29th. Finally, TD Securities dropped their price objective on Primero Mining Corp from C$0.60 to C$0.30 and set a “hold” rating on the stock in a research note on Friday, August 11th.

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Primero Mining Corp (TSE:P) remained flat at $C$0.09 on Thursday. The company’s stock had a trading volume of 1,174,083 shares, compared to its average volume of 624,799. Primero Mining Corp has a 52-week low of C$0.08 and a 52-week high of C$1.30.

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.

Analyst Recommendations for Primero Mining Corp (TSE:P)

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