Primero Mining Corp (NYSE:PPP) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2 by 4 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 1 Brokerage Firms have advised hold.
Primero Mining Corp (NYSE:PPP): 5 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $2.65 in Primero Mining Corp (NYSE:PPP). However, the stock price could fluctuate by $ 0.75 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $4 price target with the lower price estimate is calculated at $2
Primero Mining Corp (NYSE:PPP) witnessed a decline in the market cap on Tuesday as its shares dropped 4.52% or 0.09 points. After the session commenced at $1.97, the stock reached the higher end at $1.98 while it hit a low of $1.88. With the volume soaring to 1,058,095 shares, the last trade was called at $1.9. The company has a 52-week high of $4.44. The company has a market cap of $313 million and there are 164,648,090 shares in outstanding. The 52-week low of the share price is $1.41.
Shares of Primero Mining Corp. rose by 3.83% in the last five trading days and 2.7% for the last 4 weeks. Primero Mining Corp. has dropped 3.06% during the last 3-month period . Year-to-Date the stock performance stands at -16.67%.
Primero Mining Corp. is a Canada-based precious metals producer. The Company is focused on building a portfolio of precious metals assets in the Americas through acquiring, exploring, developing and operating mineral resource properties. It operates in the Mexico and Canada segments. It owns two producing properties: the San Dimas gold-silver mine, located in Mexicos San Dimas district, on the border of Durango and Sinaloa states and the Black Fox mine located in the Township of Black River? Matheson, Ontario, Canada. The Company owns properties adjacent to the Black Fox mine: Grey Fox and Pike River, which together with the Black Fox mine and the Black Fox mill, located on the Stock Mill property, comprise the Black Fox Complex. In addition, it owns one development-stage project; the Cerro del Gallo gold-silver-copper project, located in the state of Guanajuato in central Mexico. Further, the Company has one exploration property, Ventanas, located in Durango State, Mexico.