The Gold Report
Notable Quotes
"ICG has closed a CA$2.5M flow-through placement." (12/24/15) Integra Gold Corp. - Thibaut Lepouttre, Caesars Report More >
"The exploration upside at MAG's Juanicipio project is substantial." (12/23/15) MAG Silver Corp. - Gwen Preston, Resource Maven More >
"AKG's management continues to deliver on its development milestones." (12/22/15) Asanko Gold Inc. - Nana Sangmuah, Clarus Securities More >
"We are initiating coverage on KDX with a Buy rating." (12/21/15) Klondex Mines Ltd. - Don Blyth, Paradigm Capital More >
"VIT's Eagle is a shovel-ready, fully permitted, prefinanced gold project." (12/17/15) Victoria Gold Corp. - Tom Hayes, Edison Investment Research More >
Primero's Earnings Match Forecast
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DAVID HAUGHTON, BMO Capital Markets
(02/24/2011)
"Primero Mining reported net earnings of US$1.8M, or US$0.02/share in line with BMO's forecast for Q410. . .In 2011, the company expects to produce 90–100 Koz. gold and 4.5–5.0 Moz. silver (or 110–120 Koz. Au Eq.) at coproduct cash costs of US$550–$570/oz. Primero Mining is trading at 1.0x NPV (10% discount rate at spot) compared to intermediate gold stocks at 1.2x and, thus, represents attractive value compared to global peers and offers the potential for growth through organic expansion." |
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Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
More Experts
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