Primero Mining Corp (TSE:P) (NYSE:PPP) had its target price cut by CIBC from C$1.20 to C$0.80 in a research report report published on Thursday morning.

Several other equities analysts also recently issued reports on P. Scotiabank decreased their price objective on shares of Primero Mining Corp from C$1.50 to C$1.25 and set a sector perform rating on the stock in a report on Friday, February 17th. BMO Capital Markets decreased their price objective on shares of Primero Mining Corp from C$1.30 to C$1.20 in a report on Thursday, February 23rd. Finally, Desjardins increased their price objective on shares of Primero Mining Corp from C$1.30 to C$1.40 in a report on Wednesday, December 21st. Two analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus price target of C$1.92.

Analyst Recommendations for Primero Mining Corp (TSE:P)

Shares of Primero Mining Corp (TSE:P) opened at 0.76 on Thursday. The stock has a 50 day moving average of $0.92 and a 200-day moving average of $1.37. The company’s market capitalization is $143.10 million. Primero Mining Corp has a 12-month low of $0.70 and a 12-month high of $3.42.

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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.

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