| Primero Mining reports 2Q loss | |
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VANCOUVER, British Columbia (AP) _ Primero Mining Corp. (PPP) on Wednesday reported a second-quarter loss of $6.7 million, after reporting a profit in the same period a year earlier.
The Vancouver, British Columbia-based company said it had a loss of 4 cents per share. Earnings, adjusted for non-recurring costs, were 1 cent per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.
The precious metals producer posted revenue of $67.4 million in the period.
The company's shares closed at $2.57. A year ago, they were trading at $7.59.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PPP at http://www.zacks.com/ap/PPP
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Keywords: Primero Mining, Earnings Report
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Primero Mining Corp
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PRODUCER |
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CODE : P.TO |
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Primero Mining is a silver and gold producing company based in Canada. Its main asset in production is SAN DIMAS in Mexico and its main exploration property is VENTANAS in Mexico. Primero Mining is listed in Canada. Its market capitalisation is CA$ 59.0 millions as of today (US$ 45.3 millions, € 37.7 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. |