Primero Mining Corp. (PPP) was a big mover last session, as the company shares rose over 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent downtrend for the company, as the stock is now down over 16% in the past one-month time frame.
In the last 30 days, the company has seen two negative estimate revisions while its Zacks Consensus Estimate remained unchanged. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Primero Mining currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Other better-ranked stocks in the gold mining industry include Alamos Gold Inc. (AGI), AngloGold Ashanti Ltd. (AU) and Allied Nevada Gold Corp. (ANV). All three carry a Zacks Rank #2 (Buy).
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PRIMERO MINING CORP (PPP): Free Stock Analysis Report
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