Revenue Growth Analysis of Primero Mining Corp. (NYSE:PPP)

Primero Mining Corp. (NYSE:PPP) belonging to the Basic Materials sector has declined -4.64% and closed its last trading session at $0.75.

The company reported its EPS on 11/09/2016. Currently, the stock has a 1 Year Price Target of $1.3.

The consensus recommendation, according to Zacks Investment research, is 3. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 3 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 3 and 3 respectively.

Primero Mining Corp. on 11/09/2016 reported its EPS as $-0.04 with the analysts projecting the EPS of the stock as $0.02. The company beat the analyst EPS Estimate with the difference of $-0.06. This shows a surprise factor of -300%.

Many analysts have provided their estimated foresights on Primero Mining Corp. Earnings, with 8 analysts believing the company would generate an Average Estimate of $-0.03. Whereas they predicted High and Low Earnings Estimate as $0.04 and $-0.08 respectively. While in the same Quarter Previous year, the Actual EPS was $0.

Analysts are also projecting an Average Revenue Estimate for Primero Mining Corp. as $58.97 Million in the Current Quarter. This estimate is provided by 1 analysts. The High Revenue estimate is predicted as 58.97 Million, while the Low Revenue Estimate prediction stands at 58.97 Million. The company’s last year sales total was 71.4 Million.

The Company got Downgrade by RBC Capital Mkts on 8-Aug-16 from Outperform to Sector Perform.

5 analysts projected Price Targets for Primero Mining Corp.. The analysts believe that the company stock price could grow as high as $1.51. The Low Price target projection by analysts is $0.98 and the Mean Price Target is $1.3.

Primero Mining Corp. (NYSE:PPP) has the market capitalization of $141.19 Million. The company rocked its 52-Week High of $2.73 on Feb 3, 2016 and touched its 52-Week Low of $0.75 on Dec 16, 2016. The stock has Return on Assets (ROA) of 0 percent. Return on Equity (ROE) stands at 0% and Return on Investment (ROI) of 0 percent.

The stock is currently showing YTD performance of -67.11 Percent. The company has Beta Value of 0 and ATR value of 0.08. The Weekly and Monthly Volatility stands at 9.06% and 7.42%.

Company profile:

Primero Mining Corporation is engaged in exploration, acquisition and development of mineral resource properties. The Company mainly explores for gold and silver. Its properties include San Dimas gold-silver mine in Mexico. It focuses on building a precious metals portfolio in the Americas. Primero Mining Corporation is based in Canada.