Primero Mining Corp (PPP) : During the past 4 weeks, traders have been relatively bearish on Primero Mining Corp (PPP), hence the stock is down -13.42% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -7.28% relative to the S&P 500. The 4-week change in the price of the stock is -15.17% and the stock has fallen -6.79% in the past 1 week.
The stock has recorded a 20-day Moving Average of 8.32% and the 50-Day Moving Average is 22.35%.The 200 Day SMA reached 23.04% Primero Mining Corp. has dropped 24.12% during the last 3-month period . Year-to-Date the stock performance stands at -33.77%.
Primero Mining Corp (PPP) : The consensus price target for Primero Mining Corp (PPP) is $2.22 for the short term with a standard deviation of $0.26. The most optimist securities analyst among the 5 who monitor the stock believes that the stock can reach $3, however, the pessimist price target for the company is $2.
Company shares have received an average consensus rating of Hold for the current week Primero Mining Corp (NYSE:PPP): stock was range-bound between the intraday low of $1.49 and the intraday high of $1.58 after having opened at $1.53 on Fridays session. The stock finally closed in the red at $1.53, a loss of -1.95%. The stock remained in the red for the whole trading day. The total traded volume was 7,522,244 shares. The stock failed to cross $1.58 in Fridays trading. The stocks closing price on Thursday was $1.51.
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.