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RBC Capital Digging Only One Of These Three Mining Stocks

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RBC Capital Digging Only One Of These Three Mining Stocks

Three companies, IAMGOLD Corp (USA) (NYSE: IAG), Primero Mining Corp (NYSE: PPP) and Agnico Eagle Mines Ltd (USA (NYSE: AEM), found a place in RBC Capital Markets' rating on Monday. However, the brokerage found only one stock worth upgrading: IAMGOLD. 

http://www.benzinga.com/analyst-ratings/analyst-color/16/08/8318898/agnico-eagle-nears-rbcs-price-target-stock-downgraded-to

The brokerage upgraded shares of the mining firm to Sector Perform, leading to a 4.25 percent rally to $5.78 on Monday. 

On the other hand, RBC downgraded Agnico Eagle shares to Sector Perform,  and the stock traded in the red losing $0.14, or 0.24 percent, to $57.78.

They also downgraded Primero Mining to Sector Perform, however, shares of the company traded up by $0.06, 3.43 percent, to $1.81 on Monday.

 

Related Articles (AEM + IAG)

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