Primero Mining Corp (TSE:P) (NYSE:PPP) was downgraded by equities research analysts at Royal Bank Of Canada from a “sector perform” rating to an “underperform” rating in a research report issued on Tuesday.

Several other analysts have also weighed in on the stock. Desjardins lowered shares of Primero Mining Corp from a “hold” rating to a “sell” rating in a report on Monday, May 15th. Scotiabank lowered their price target on shares of Primero Mining Corp from C$0.80 to C$0.25 and set a “sector perform” rating for the company in a report on Monday, August 14th. Finally, TD Securities lowered their price target on shares of Primero Mining Corp from C$0.60 to C$0.30 and set a “hold” rating for the company in a report on Friday, August 11th. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of C$0.94.

Shares of Primero Mining Corp (P) traded down 4.545% during mid-day trading on Tuesday, reaching $0.105. The company had a trading volume of 340,025 shares. The company’s 50-day moving average price is $0.29 and its 200-day moving average price is $0.55. The company’s market capitalization is $20.17 million. Primero Mining Corp has a 52-week low of $0.11 and a 52-week high of $2.33.

ILLEGAL ACTIVITY NOTICE: This piece of content was originally posted by Watch List News and is the sole property of of Watch List News. If you are reading this piece of content on another site, it was illegally stolen and reposted in violation of US & international copyright & trademark legislation. The original version of this piece of content can be viewed at https://www.watchlistnews.com/primero-mining-corp-p-lowered-to-underperform-at-royal-bank-of-canada/1543923.html.

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)

Receive News & Ratings for Primero Mining Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Primero Mining Corp and related companies with Analyst Ratings Network's FREE daily email newsletter.