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The company has seen three negative revisions in the past 30 days while its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's jump lasts.
Primero Mining currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
However, some better-ranked stocks in the gold mining industry include AngloGold Ashanti Ltd. AU, NovaGold Resources Inc. NG and Richmont Mines Inc. RIC. While AngloGold Ashanti sports a Zacks Rank #1 (Strong Buy), NovaGold Resources and Richmont Mines have a Zacks Rank #2 (Buy).
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ANGLOGOLD LTD AU: Free Stock Analysis Report
NOVAGOLD RSRCS NG: Free Stock Analysis Report
PRIMERO MINING PPP: Free Stock Analysis Report
RICHMONT MINES RIC: Free Stock Analysis Report
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Zacks Investment Research
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