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Toronto (AP) _ Primero Mining Corp. (T.P) on Wednesday reported first-quarter net income of $3.4 million (4.3 million CAD).
The Toronto-based company said it had profit of 2 cents per share. Earnings, adjusted for non-recurring gains, came to 1 cent per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.
The gold, silver and copper mining company posted revenue of $70.1 million (88.6 million CAD) in the period.
The company's shares closed at $3.47. A year ago, they were trading at $5.55 ($7.02).
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on T.P at http://www.zacks.com/ap/T.P
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Keywords: Primero Mining, Earnings Report
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Primero Mining Corp
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PRODUCER |
CODE : P.TO |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Primero Mining is a silver and gold producing company based in Canada. Its main asset in production is SAN DIMAS in Mexico and its main exploration property is VENTANAS in Mexico. Primero Mining is listed in Canada. Its market capitalisation is CA$ 58.0 millions as of today (US$ 45.3 millions, € 38.0 millions). Its stock quote reached its highest recent level on July 11, 2014 at CA$ 9.05, and its lowest recent point on October 27, 2017 at CA$ 0.08. Primero Mining has 190 170 000 shares outstanding. |