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Scotia Capital disclosed Primero Mining Corp (TSE:P), hiking its price target to $0.10 earlier today

Reporting a potential upside of 0.11%, Scotia Capital increased the stock price target of Primero Mining Corp (TSE:P) to $0.10

Previously on Friday September 29, 2017, Canaccord Genuity reported on Primero Mining Corp (TSE:P) reduced the target price from $0.90 to $0.40. At the time, this indicated a possible upside of 3.44%.

Yesterday Primero Mining Corp (TSE:P) traded 0.00% even at $0.09. The company’s 50-day moving average is $0.10 and its 200-day moving average is $0.43. The last closing price is down -80.24% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time period. 359,939 shares of the stock traded hands, down from an average trading volume of 965,168

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Primero Mining Corp (TSE:P)

Primero Mining Corp has a 52 week low of $0.08 and a 52 week high of $2.22 P’s total market value is presently $0.

A total of 14 equity analysts have released a ratings update on P. Three equity analysts rating the company a strong buy, one equity analyst rating the company a buy, nine equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $1.53.

Brief Synopsis About Primero Mining Corp (TSE:P)

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. It owns over two producing properties, including the San Dimas gold-silver mine, located in Mexico's San Dimas district, and the Black Fox mine, located in the Township of Black River-Matheson, Ontario, Canada. It 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. It also owns over two exploration properties, including the Cerro del Gallo gold-silver-copper project, which is located in the state of Guanajuato in central Mexico, and Ventanas, which is located in Durango State, Mexico.

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