Primero Mining Corp.

Primero Mining Corp. is a Canada-based precious metals producer with operations in Mexico and intentions to become a leading intermediate gold producer. The company offers exposure to unhedged, low cash cost gold production with a substantial resource base in a low political risk jurisdiction.

Expert Comments:

Zacks Equity Research (5/28/15)
"Primero Mining Corp. is a metal producer that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well. . .investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #1 (Strong Buy) stock to profit in the near future."

Dan Rollins, RBC Capital Markets (5/18/15)
"Primero Mining Corp. remains a preferred precious metal equity given an attractive valuation, improving fundamentals and underlying exploration potential. Although the market has focused on struggles at Black Fox since the mine was acquired last year, we expect the focus to shift toward San Dimas as operational and exploration success continues. . .the recent discovery of the Jessica vein continues to highlight the underlying exploration potential of San Dimas. . .the company is well positioned to deliver improving free cash flow over the next few years given the benefit of increased throughput, higher grades, and economies of scale at San Dimas."

Mike Parkin, Desjardins Securities (5/12/15)
"We continue to believe Primero Mining Corp.'s San Dimas mine, the company's flagship, is performing extremely well, with good throughput rates, good grades and good levels of production at relatively low costs. Structural changes may bring further upside to this asset. . .we expect it will take a couple of good quarters to prove to the market that the asset has good potential."

Dan Rollins, RBC Capital Markets (5/7/15)
"Primero Mining Corp. had a solid start to 2015 driven by a continued strong performance from its flagship San Dimas mine. . .given our positive outlook on the potential for further operational gains and exploration success at San Dimas, we believe the company offers investors with an attractive investment opportunity within the context of the current share price."

Rob Chang, Cantor Fitzgerald (5/7/15)
"Primero Mining Corp. achieved record quarterly production of 61,073 oz gold equivalent ounces in Q1/15 largely due to record production coming out of San Dimas (45,569 oz Au eq); at 2,863 tpd, the San Dimas mill continues to operate well above its nameplate capacity of 2,500 tpd. Revenues of $73.3M and adjusted EPS of $0.01 were both ahead of our and consensus estimates."

Jeff Killeen, CIBC World Markets (5/6/15)
"Primero Mining Corp. reported Q1/15 operating and financial results that are broadly in-line with our expectations but posted a beat on. . .adjusted earnings per share of $0.01 versus our estimate of ($0.01) and consensus ($0.02). Cash flow from operations was reported at $18.8M or $0.12 per share, which is slightly below our estimate of $0.14 per share but in-line with consensus. . .we view the company's Q1/15 results as in-line, believe the results will support the stock at current levels, and think that the strong growth in cash on the balance sheet quarter-over-quarter will act as a catalyst for the stock."

More Expert Comments

Experts Commenting on This Company

Barry Allan, Vice Chair of Mining Group, and Senior Mining Analyst – Mackie Research Capital
Jocelyn August, Head Analyst for Catalyst Tracker – Sagient Research
Rob Chang, Senior Analyst and Head of Metals & Mining – Cantor Fitzgerald
Joseph Fazzini, Vice President, Senior Analyst – Dundee Capital Markets
Michael Gray, Analyst – Macquarie Capital Markets
Doug Groh, Senior Research Analyst – Tocqueville Asset Management L.P.
Ovais Habib, Analyst – Scotia Capital
John Hathaway, Senior Managing Director – Tocqueville Asset Management L.P.
Andrew Kaip, Analyst – BMO Capital Markets
Jeff Killeen, Analyst – CIBC World Markets
Chris Mancini, Research Analyst – Gabelli Gold Fund
Dan Rollins, Analyst – RBC Capital Markets
Matthew Sheppard, Equity Research Analyst – Jacob Securities
Brian Szeto, Analyst – PI Financial
Jay Taylor, Author Gold, Energy & Tech Stocks
Josh Wolfson, VP, Senior Analyst Gold & Precious Metals – Dundee Capital Markets

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
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