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Also traded in: Australia, Canada, Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry
vs
history
Cash-to-Debt 0.19
PPP's Cash-to-Debt is ranked lower than
85% of the 1545 Companies
in the Global Gold industry.

( Industry Median: 291.20 vs. PPP: 0.19 )
Ranked among companies with meaningful Cash-to-Debt only.
PPP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19  Med: 2.25 Max: No Debt
Current: 0.19
Equity-to-Asset 0.68
PPP's Equity-to-Asset is ranked higher than
64% of the 724 Companies
in the Global Gold industry.

( Industry Median: 0.60 vs. PPP: 0.68 )
Ranked among companies with meaningful Equity-to-Asset only.
PPP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.66  Med: 0.75 Max: 0.85
Current: 0.68
0.66
0.85
Piotroski F-Score: 3
Altman Z-Score: -1.69
Beneish M-Score: 52.27
WACC vs ROIC
8.08%
-33.35%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry
vs
history
Operating Margin % -119.12
PPP's Operating Margin % is ranked lower than
83% of the 743 Companies
in the Global Gold industry.

( Industry Median: 1.28 vs. PPP: -119.12 )
Ranked among companies with meaningful Operating Margin % only.
PPP' s Operating Margin % Range Over the Past 10 Years
Min: -117.44  Med: 5.25 Max: 29.52
Current: -119.12
-117.44
29.52
Net Margin % -108.20
PPP's Net Margin % is ranked lower than
82% of the 746 Companies
in the Global Gold industry.

( Industry Median: 0.29 vs. PPP: -108.20 )
Ranked among companies with meaningful Net Margin % only.
PPP' s Net Margin % Range Over the Past 10 Years
Min: -106.96  Med: -36.7 Max: 31.71
Current: -108.2
-106.96
31.71
ROE % -38.47
PPP's ROE % is ranked lower than
72% of the 1395 Companies
in the Global Gold industry.

( Industry Median: -10.31 vs. PPP: -38.47 )
Ranked among companies with meaningful ROE % only.
PPP' s ROE % Range Over the Past 10 Years
Min: -74.65  Med: -14.96 Max: 10.86
Current: -38.47
-74.65
10.86
ROA % -27.00
PPP's ROA % is ranked lower than
67% of the 1566 Companies
in the Global Gold industry.

( Industry Median: -9.58 vs. PPP: -27.00 )
Ranked among companies with meaningful ROA % only.
PPP' s ROA % Range Over the Past 10 Years
Min: -64.19  Med: -10.38 Max: 7.89
Current: -27
-64.19
7.89
ROC (Joel Greenblatt) % -32.35
PPP's ROC (Joel Greenblatt) % is ranked lower than
63% of the 1487 Companies
in the Global Gold industry.

( Industry Median: -13.76 vs. PPP: -32.35 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
PPP' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -79.48  Med: -17.21 Max: 12.64
Current: -32.35
-79.48
12.64
3-Year Revenue Growth Rate -5.70
PPP's 3-Year Revenue Growth Rate is ranked lower than
56% of the 624 Companies
in the Global Gold industry.

( Industry Median: -3.70 vs. PPP: -5.70 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
PPP' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: 0  Med: -5.7 Max: 7.9
Current: -5.7
0
7.9
3-Year EPS without NRI Growth Rate 245.90
PPP's 3-Year EPS without NRI Growth Rate is ranked higher than
99% of the 990 Companies
in the Global Gold industry.

( Industry Median: -20.60 vs. PPP: 245.90 )
Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
PPP' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -62.2  Med: 57.2 Max: 245.9
Current: 245.9
-62.2
245.9
GuruFocus has detected 5 Warning Signs with Primero Mining Corp $PPP.
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» PPP's 10-Y Financials

Financials (Next Earnings Date: 2017-06-15 Est.)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

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Guru Trades

Q1 2016

PPP Guru Trades in Q1 2016

Jim Simons 639,125 sh (+187.49%)
Donald Smith 3,285,406 sh (+28.99%)
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Q2 2016

PPP Guru Trades in Q2 2016

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First Eagle Investment 1,620,300 sh (unchged)
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Q4 2016

PPP Guru Trades in Q4 2016

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First Eagle Investment Sold Out
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Business Description

Industry: Metals & Mining » Gold    NAICS: 212221    SIC: 611
Compare:OTCPK:MLNGF, OTCPK:CTGO, OTCPK:BKHRF, OTCPK:RFVVF, AMEX:THM, OTCPK:CBGDF, NAS:PGLC, OTCPK:DRYYF, AMEX:VGZ, OTCPK:RBYCF, OTCPK:MDRPF, OTCPK:RPMGF, OTCPK:WFRSF, OTCPK:LRTNF, OTCPK:HUMRF, OTCBB:CALVF, OTCPK:MIMZF, OTCPK:ORZCF, NAS:KGJI, OTCPK:NULGF » details
Traded in other countries:PPM.Australia, P.Canada, 9PM.Germany,
Headquarter Location:Canada
Primero Mining Corp is a Canadian based precious metals producer with mining operations in Mexico and Canada. Its properties include San Dimas gold-silver mine and Black Fox gold mine. It also has Cerro del Gallo, a development stage project.

Primero Mining Corp was incorporated in Canada on November 26, 2007 under the Business Corporations Act (British Columbia). The Company is a Canadian-based precious metals producer with operations in Canada and Mexico. The Company is focused on becoming an intermediate gold producer by building a portfolio of high quality, low cost precious metals assets in the Americas. It currently has two producing properties, the San Dimas Mine, located in Mexico's San Dimas district, on the border of Durango and Sinaloa states, and the recently acquired Black Fox Complex which is located in the Timmins Mining District in Ontario, Canada. In addition, the Company has one exploration property in Mexico - Ventanas, located in Durango state, Mexico - and an advance stage development property, the Cerro del Gallo Project located in Guanajuato state, Mexico. The Company's principal products are gold and silver.

Top Ranked Articles about Primero Mining Corp

Primero Announces Resignation of Eduardo Luna From Its Board of Directors
TORONTO, ON--(Marketwired - July 06, 2016) - Primero Mining Corp. ("Primero" or the "Company") (TSX: P) (NYSE: PPP) announces the resignation of Mr. Eduardo Luna from its Board of Directors. Mr. Luna has served as a Director of the Company since 2008 and also as President and Chief Operating Officer until June 2010."We would like to sincerely thank Eduardo for his years of dedicated service to Primero," stated Wade Nesmith, Chairman of Primero. "Eduardo has been an important contributor to the Board, bringing a wealth of precious metals operational experience and a strategic focus. We thank him for his invaluable service and his friendship. We wish him continued success."About PrimeroPrimero Mining Corp. is a Canadian-based precious metals producer that owns 100% of the San Dimas gold-silver mine and the Cerro del Gallo gold-silver-copper development project in Mexico and 100% of the Black Fox mine and adjoining properties in the Township of Black River‐Matheson near Timmins, Ontario, Canada. Primero offers immediate exposure to un-hedged, below average cash cost gold production with a substantial resource base in politically stable jurisdictions. The Company is focused on becoming a leading intermediate gold producer by building a portfolio of high quality, low cost precious metals assets in the Americas. Primero's website is www.primeromining.com.
Attachment Available: http://www.marketwire.com/library/MwGo/2016/7/5/11G105391/PR18-16_Eduardo_Luna_Resignation_Final-04bc007c4ea1bc5f9ce4bb984d050b88.pdf


For further information, please contact:
Evan Young
Manager, Investor Relations
Tel: (416) 814-2694
[email protected]



Read more...
Primero to Release Second Quarter 2016 Results on August 4, 2016
TORONTO, ON--(Marketwired - July 05, 2016) - Primero Mining Corp. ("Primero" or the "Company") (TSX: P) (NYSE: PPP) announced today that it plans to release its second quarter 2016 operating and financial results before the market opens on Thursday, August 4, 2016. A conference call will also be held on the same day at 10:00 am ET to discuss second quarter operating and financial results. Participants may join the call by dialing North America toll free 1-888-789-9572 or 416-695-7806 for calls outside Canada and the U.S., and entering the participant passcode 4770671.A live and archived webcast of the conference call will also be available at www.primeromining.com under the News and Events section or by clicking here: http://www.gowebcasting.com/7695. A recorded playback of the second quarter 2016 results call will be available until November 1, 2016 by dialing 1-800-408-3053 or 905-694-9451 and entering the call back passcode 2048848.About PrimeroPrimero Mining Corp. is a Canadian-based precious metals producer that owns 100% of the San Dimas gold-silver mine and the Cerro del Gallo gold-silver-copper development project in Mexico and 100% of the Black Fox mine and adjoining properties in the Township of Black River‐Matheson near Timmins, Ontario, Canada. Primero offers immediate exposure to un-hedged, below average cash cost gold production with a substantial resource base in politically stable jurisdictions. The Company is focused on becoming a leading intermediate gold producer by building a portfolio of high quality, low cost precious metals assets in the Americas. Primero's website is www.primeromining.com.
Attachment Available: http://www.marketwire.com/library/MwGo/2016/7/5/11G105273/PR17-16_Q2_Results_Date_Final-3fe377604e81a0a68729e7761e0c1fe2.pdf


For further information, please contact:
Evan Young
Manager, Investor Relations
Tel: (416) 814-2694
[email protected]



Read more...
Primero Acquires Large Strategic Mineral Concession at San Dimas

(Please Note That All Dollar Amounts in This News Release Are Expressed in U.S. Dollars Unless Otherwise Indicated)
TORONTO, ON --(Marketwired - June 14, 2016) - Primero Mining Corp. ("Primero" or the "Company") (TSX: P) (NYSE: PPP) today announced that is has acquired a large concession area adjacent to its San Dimas mine in Durango, Mexico. The Company has added 30,192 hectares substantially covering the area between the San Dimas mine and the Ventanas exploration property located 32 kilometres to the south. The newly acquired concession is not covered by the San Dimas silver purchase agreement, and brings Primero's total concession area in the district to 68,628 hectares.Highlights:Building a World-Class Mining District: Primero has acquired a significant mineral concession area substantially covering the 32 kilometres between the San Dimas mine and the Ventanas exploration property. This greenfield property ("Expanded Lechuguilla") is largely unexplored but displays similar geological characteristics as found on both the San Dimas and Ventanas properties. The acquisition reinforces Primero's dominant position in a highly prospective area, with the potential to identify mineralization on a scale potentially comparable to the current San Dimas mine.

Strong Potential for New Vein Discoveries: The Expanded Lechuguilla concession is covered extensively by the regional upper volcanic sequence, however the discovery of the Jessica vein in late-2014 demonstrated to Primero's exploration geologists that the volcanic capping was a post-mineralization event and that precious metal bearing veins continue to exist under this geological sequence. The Expanded Lechuguilla concession contains identified "geological windows" through the upper volcanic capping with multiple vein outcroppings already noted. "We are very pleased to have significantly increased our position around our flagship San Dimas mine," stated Ernest Mast, President and Chief Executive Officer. "The acquisition of this key mineral concession area further advances our strategic goal of mining outside of the original San Dimas mining concession from areas not covered by the silver purchase agreement with Silver Wheaton. This would provide significant benefit to the Company as mining from this area would increase our revenues and therefore our taxable income." Primero is pleased to have received the support of ProMéxico (the Mexican government agency responsible for supporting and attracting foreign investment in Mexico) which has registered the Expanded Lechuguilla area as a recognized project and will give non-financial support to the Company in its development.30,192 Hectares Added in the Prolific San Dimas Mining DistrictPrimero acquired the 30,192 hectare concession ("Expanded Lechuguilla") that covers the unexplored but highly prospective 18 kilometres between the San Dimas concession and the Ventanas exploration property from private vendors. This mineral concession acquisition builds on the approximately 10,000 hectares added by the Company in the second half of 2015, and reflects Primero's strategic goal of acquiring concessions outside of the original San Dimas mining area and the silver purchase agreement with Silver Wheaton.As a result of the Expanded Lechuguilla acquisition, Primero's total concession area in the San Dimas district has nearly doubled to 68,628 hectares.A map identifying the Expanded Lechuguilla concession addition is shown in Figure 1. A regional geological map is shown in Figure 2.Multiple Vein Outcroppings Identified; Large Area UnexploredThe Expanded Lechuguilla property has not been the subject of a modern exploration program and remains unexplored due to its large size and the region's challenging topography. Furthermore, much of the newly acquired concession is significantly covered by the regional upper volcanic sequence, which prevents surface expressions of the mineralized vein systems hosted in the lower volcanic sequence. Through initial reconnaissance by Primero's geologists and information provided by the property's previous owner, the Company has identified a number of key "geological windows" through the upper volcanic capping, some of which are not recorded in the regional geological maps. Based on this initial work Primero has defined multiple distinct outcropping veins located in these "windows".Building a World-Class Mining DistrictPrimero believes that the Expanded Lechuguilla area could contain an extension of the San Dimas mine's prolific Central and Sinaloa-Graben mining blocks without major faulting to offset any discovered veins. One of the key indicators is that the El Cristo tunnel at the south end of the San Dimas concession and the ore-shoots of Mala Noche vein at Ventanas are at approximately the same elevation with similar mineral composition in the same host rock. This infers potential continuity of the mineralized veins system over 18 kilometres between both areas.A significant amount of future exploration is required to confirm the continuous block hypothesis, as shown by a geological cross-section in Figure 3.Primero's 2016 exploration program now includes geological field work with the goal of identifying additional "geological windows" and surface outcroppings of new veins on the Expanded Lechuguilla concession. Additionally the Company's 2016 plans include exploration diamond drilling on the Lechuguilla and Expanded Lechuguilla concessions, and extending exploration drifting from the El Cristo tunnel 3.1 kilometres to the south towards the Lechuguilla concession (refer to Figure 1). Primero expects to reach this concession boundary in 2017.Proving extensions to the San Dimas' main mining blocks could have significant implications for Primero, and as a result has become one of the Company's primary exploration targets.About PrimeroPrimero Mining Corp. is a Canadian-based precious metals producer that owns 100% of the San Dimas gold-silver mine and the Cerro del Gallo gold-silver-copper development project in Mexico and 100% of the Black Fox mine and adjoining properties in the Township of Black River‐Matheson near Timmins, Ontario, Canada. Primero offers immediate exposure to un-hedged, below average cash cost gold production with a substantial resource base in politically stable jurisdictions. The Company is focused on becoming a leading intermediate gold producer by building a portfolio of high quality, low cost precious metals assets in the Americas. Primero's website is www.primeromining.com. CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATIONThis news release contains "forward-looking statements", within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation, concerning the business and operations of Primero Mining Corp. and its consolidated subsidiaries (collectively, "Primero" or the "Company"). All statements, other than statements of historical fact, are forward-looking statements. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "if approved", "forecasts", "intends", "anticipates", "believes", "in order to", "with the potential" or variations of such words and phrases or statements that certain actions, events or results "are anticipated", "may", "could", "would", "might" or "will require", "will allow", "will enhance" or "will include" or similar statements or the negative connotation thereof. Forward-looking information is also identifiable in statements of currently occurring matters which will continue in future, such as "is updating", "is working" or "is also assessing" or other statements that may be stated in the present tense and are not historical facts or words with future implication such as "opportunity", "promising". Forward-looking statements in this news release include, but are not limited to, statements regarding the Company's ability to find new veins on the Expanded Lechuguilla concession; the probability of encountering high grade mineralization in, and the exploration potential of, the Company's exploration targets and plans; and the Company's intentions to become an intermediate gold producer.The assumptions made by the Company in preparing the forward-looking information contained in this news release, which may prove to be incorrect, include, but are not limited to: the expectations and beliefs of management; the specific assumptions set forth above in this news release; that Expanded Lechuguilla displays similar characteristics as found in the San Dimas and Ventanas properties; that the acquisition of the Expanded Lechuguilla advances the company's goal of mining outside the original San Dimas mining concessions; that the Expanded Lechuguilla area contain an extension of San Dimas mine's prolific Central and Sinaloa-Graben block; that the Company will receive required permits and access to surface rights; that the political environment within Mexico will continue to support the development of environmentally safe mining projects. Forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause the actual results, performance or achievements of Primero to be materially different from those expressed or implied by such forward-looking statements, including: the Company may be required to change its development and exploration plans with a negative impact on production; the Company may not discover mineralization in minable quantities; the exchange rate between the Mexican peso and the United States dollar may change with an adverse impact on the Company's financial results; the Company may not be able to become an intermediate gold producer by building a portfolio of high quality, low cost precious metals assets in the Americas. Certain of these factors are discussed in greater detail in Primero's registration statement on Form 40-F on file with the U.S. Securities and Exchange Commission, and its most recent Annual Information Form on file with the Canadian provincial securities regulatory authorities and available at www.sedar.com. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. In addition, although Primero has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Forward-looking statements are made as of the date hereof and accordingly are subject to change after such date. Forward-looking statements are provided for the purpose of providing information about management's current expectations and plans and allowing investors and others to get a better understanding of our operating environment. Primero does not undertake to update any forward-looking statements that are included in this document, except in accordance with applicable securities laws. Image Available: http://www.marketwire.com/library/MwGo/2016/6/13/11G102718/Images/Figure_1-355a26a6d7fb9ba28cda9c48a611c5bd.JPG

Image Available: http://www.marketwire.com/library/MwGo/2016/6/13/11G102718/Images/Figure_2-4c80472156788153b83c25e67adc3585.JPG

Image Available: http://www.marketwire.com/library/MwGo/2016/6/13/11G102718/Images/Figure_3-6c3eac9afbd4a95594802fe187968d3d.JPG


Attachment Available: http://www.marketwire.com/library/MwGo/2016/6/13/11G102718/PR15-16_Exp_Lechuguilla_Acquisition_Final_v2-54ce1bd6fd118551addbd17441011c77.pdf


For further information, please contact:
Evan Young
Manager, Investor Relations
Tel: (416) 814-2694
[email protected]



Read more...
Primero Notifies Mexico of an Investment Dispute Under NAFTA
TORONTO, ON --(Marketwired - June 02, 2016) -
Primero Mining Corp. ("Primero" or the "Company") (TSX: P) (NYSE: PPP) announced today that it has issued a Notice of Intent to submit a claim to international arbitration against the Government of Mexico, pursuant to Article 1119 of the North American Free Trade Agreement ("NAFTA"). Primero's Notice of Intent under NAFTA highlights improper actions taken by the Mexican tax authority, the Servicio de Administracion Tributaria ("SAT"). These actions have the intent of revoking legal rights previously granted to Primero and upon which Primero relied to expand its investment in Mexico.Primero is a publicly-listed Canadian company with significant investments in Mexico, including its flagship San Dimas gold-silver mine located in Durango, Mexico. The mine employs approximately 1,100 local workers and has been repeatedly awarded Clean Industry certification by PROFEPA, Mexico's Environmental Protection agency. The Company also holds a 100% interest in the Cerro del Gallo gold-silver-copper development project located in Guanajuato, Mexico, and the Ventanas exploration property located 32 kilometres south of the San Dimas mine. At each of these sites, Primero has proven itself to be a responsible corporate citizen, having recently been recognized as an "Empresa Socialmente Responsable" or "Socially Responsible Company" by the Mexican Centre for Philanthropy (CEMEFI) for the fifth consecutive year.The actions of the SAT have been neither fair nor equitable. The Company believes that the SAT's actions are discriminatory against Primero as a foreign investor. As a consequence, Primero believes the Government of Mexico has failed to uphold the core values of NAFTA, including its obligation to protect Primero's foreign investment under NAFTA Chapter 11, and therefore the Company is entitled to full compensation.Primero has resorted to utilizing international arbitration proceedings to ensure that Mexico's commitments under NAFTA are upheld. About Primero
Primero Mining Corp. is a Canadian-based precious metals producer that owns 100% of the San Dimas gold-silver mine and the Cerro del Gallo gold-silver-copper development project in Mexico and 100% of the Black Fox mine and adjoining properties in the Township of Black River‐Matheson near Timmins, Ontario, Canada. Primero offers immediate exposure to un-hedged, below average cash cost gold production with a substantial resource base in politically stable jurisdictions. The Company is focused on becoming a leading intermediate gold producer by building a portfolio of high quality, low cost precious metals assets in the Americas. Primero's website is www.primeromining.com. CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION
This news release contains "forward-looking statements", within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation, concerning the business and operations of Primero Mining Corp. and its consolidated subsidiaries (collectively, "Primero" or the "Company"). All statements, other than statements of historical fact, are forward-looking statements. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "if approved", "forecasts", "intends", "anticipates", "believes", "in order to" or variations of such words and phrases or statements that certain actions, events or results "are anticipated", "may", "could", "would", "might" or "will require", "will allow", "will enhance" or "will include" or similar statements or the negative connotation thereof. Forward-looking information is also identifiable in statements of currently occurring matters which will continue in future, such as "is updating", "is working" or "is also assessing" or other statements that may be stated in the present tense and are not historical facts or words with future implication such as "opportunity", "promising". Forward-looking statements in this news release include, but are not limited to statements regarding the APA and the Company's ability to defend its validity, the Company's ability to pay taxes in Mexico on realized silver prices; the Company's intent to submit a NAFTA claim to international arbitration against the Government of Mexico; and the Company's intentions to become an intermediate gold producer.The assumptions made by the Company in preparing the forward-looking information contained in this news release, which may prove to be incorrect, include, but are not limited to: the expectations and beliefs of management; the specific assumptions set forth above in this news release; assumptions regarding the discriminatory nature of the actions of the SAT against the Company; assumptions regarding the failure of the Mexican Government to uphold the core values of NAFTA and to protect the Company's foreign investment in Mexico; that there are no material variations in the current tax and regulatory environment or the basis for the calculation of the Company's income tax (including as a result of the current challenge to the advance pricing agreement). Forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause the actual results, performance or achievements of Primero to be materially different from those expressed or implied by such forward-looking statements, including: the Company's ability to obtain full compensation from the Mexican Government; the Company may not be able to become an intermediate gold producer by building a portfolio of high quality, low cost precious metals assets in the Americas. Certain of these factors are discussed in greater detail in Primero's registration statement on Form 40-F on file with the U.S. Securities and Exchange Commission, and its most recent Annual Information Form on file with the Canadian provincial securities regulatory authorities and available at www.sedar.com. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. In addition, although Primero has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Forward-looking statements are made as of the date hereof and accordingly are subject to change after such date. Forward-looking statements are provided for the purpose of providing information about management's current expectations and plans and allowing investors and others to get a better understanding of our operating environment. Primero does not undertake to update any forward-looking statements that are included in this document, except in accordance with applicable securities laws.
Attachment Available: http://www.marketwire.com/library/MwGo/2016/6/2/11G101155/PR13-16_NAFTA_NOI_Notice_Final_v2-0b08c1c46caca3478b1648e36677698f.pdf


For further information, please contact:
Evan Young
Manager, Investor Relations
Tel: (416) 814-2694
[email protected]



Read more...
Primero Announces Election of Directors
TORONTO, ON--(Marketwired - May 04, 2016) -
 Primero Mining Corp. ("Primero" or the "Company") (TSX: P) (NYSE: PPP) announces that today, at its Annual General and Special Meeting of Shareholders (the "Meeting"), all Directors nominated as listed in the Management Information Circular dated March 22, 2016 were re-elected. The detailed results are as follows:


Director


Votes For

 

%

 

Withheld Votes

 

%




Wade Nesmith

109,208,954
 
98.06
 
2,160,202
 
1.94



Joseph Conway

109,731,083
 
98.53
 
1,638,073
 
1.47



David Demers

101,906,947
 
91.50
 
9,462,209
 
8.50



Grant Edey

94,284,473
 
84.66
 
17,084,683
 
15.34



Eduardo Luna

94,581,315
 
84.93
 
16,787,841
 
15.07



Brad Marchant

110,791,854
 
99.48
 
577,302
 
0.52



Ernest Mast

110,283,330
 
99.03
 
1,085,826
 
0.97



Robert Quartermain

101,740,415
 
91.35
 
9,628,741
 
8.65



Michael Riley

104,242,898
 
93.60
 
7,126,258
 
6.40

In addition, Primero reports that shareholders voted in favour of the Company's amended Stock Option Plan, the amended 2013 Phantom Share Unit Plan, and the advisory vote on Executive Compensation ("Say on Pay"). About Primero
Primero Mining Corp. is a Canadian-based precious metals producer that owns 100% of the San Dimas gold-silver mine and the Cerro del Gallo gold-silver-copper development project in Mexico and 100% of the Black Fox mine and adjoining properties in the Township of Black River‐Matheson near Timmins, Ontario, Canada. Primero offers immediate exposure to un-hedged, below average cash cost gold production with a substantial resource base in politically stable jurisdictions. The Company is focused on becoming a leading intermediate gold producer by building a portfolio of high quality, low cost precious metals assets in the Americas. Primero's website is www.primeromining.com.
Attachment Available: http://www.marketwire.com/library/MwGo/2016/5/4/11G096764/PR12-16_AGSM_Voting_Results_Final-5a0bf509720b9dc084396d45a10810a2.pdf


For further information, please contact:
Evan Young
Manager, Investor Relations
Tel: (416) 814-2694
[email protected]



Read more...

Ratios

vs
industry
vs
history
PB Ratio 0.20
PPP's PB Ratio is ranked higher than
98% of the 1388 Companies
in the Global Gold industry.

( Industry Median: 2.03 vs. PPP: 0.20 )
Ranked among companies with meaningful PB Ratio only.
PPP' s PB Ratio Range Over the Past 10 Years
Min: 0.2  Med: 0.79 Max: 1.37
Current: 0.2
0.2
1.37
PS Ratio 0.39
PPP's PS Ratio is ranked higher than
83% of the 672 Companies
in the Global Gold industry.

( Industry Median: 1.84 vs. PPP: 0.39 )
Ranked among companies with meaningful PS Ratio only.
PPP' s PS Ratio Range Over the Past 10 Years
Min: 0.39  Med: 2.09 Max: 17.34
Current: 0.39
0.39
17.34
Price-to-Operating-Cash-Flow 6.15
PPP's Price-to-Operating-Cash-Flow is ranked higher than
60% of the 385 Companies
in the Global Gold industry.

( Industry Median: 8.68 vs. PPP: 6.15 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
PPP' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 1.13  Med: 6.05 Max: 21.07
Current: 6.15
1.13
21.07
EV-to-EBIT -0.70
PPP's EV-to-EBIT is ranked lower than
99.99% of the 904 Companies
in the Global Gold industry.

( Industry Median: 20.02 vs. PPP: -0.70 )
Ranked among companies with meaningful EV-to-EBIT only.
PPP' s EV-to-EBIT Range Over the Past 10 Years
Min: -69.6  Med: -0.7 Max: 120.6
Current: -0.7
-69.6
120.6
EV-to-EBITDA -0.94
PPP's EV-to-EBITDA is ranked lower than
99.99% of the 971 Companies
in the Global Gold industry.

( Industry Median: 10.14 vs. PPP: -0.94 )
Ranked among companies with meaningful EV-to-EBITDA only.
PPP' s EV-to-EBITDA Range Over the Past 10 Years
Min: -490  Med: 2.2 Max: 61.2
Current: -0.94
-490
61.2
Current Ratio 0.96
PPP's Current Ratio is ranked lower than
73% of the 1502 Companies
in the Global Gold industry.

( Industry Median: 2.17 vs. PPP: 0.96 )
Ranked among companies with meaningful Current Ratio only.
PPP' s Current Ratio Range Over the Past 10 Years
Min: 0.96  Med: 1.63 Max: 7.12
Current: 0.96
0.96
7.12
Quick Ratio 0.70
PPP's Quick Ratio is ranked lower than
72% of the 1502 Companies
in the Global Gold industry.

( Industry Median: 1.71 vs. PPP: 0.70 )
Ranked among companies with meaningful Quick Ratio only.
PPP' s Quick Ratio Range Over the Past 10 Years
Min: 0.7  Med: 1.54 Max: 7.12
Current: 0.7
0.7
7.12
Days Inventory 45.30
PPP's Days Inventory is ranked higher than
71% of the 606 Companies
in the Global Gold industry.

( Industry Median: 76.92 vs. PPP: 45.30 )
Ranked among companies with meaningful Days Inventory only.
PPP' s Days Inventory Range Over the Past 10 Years
Min: 19.28  Med: 32.95 Max: 46.5
Current: 45.3
19.28
46.5
Days Sales Outstanding 61.67
PPP's Days Sales Outstanding is ranked lower than
68% of the 600 Companies
in the Global Gold industry.

( Industry Median: 36.83 vs. PPP: 61.67 )
Ranked among companies with meaningful Days Sales Outstanding only.
PPP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.37  Med: 44.3 Max: 71.08
Current: 61.67
19.37
71.08

Buy Back

vs
industry
vs
history
3-Year Average Share Buyback Ratio -17.50
PPP's 3-Year Average Share Buyback Ratio is ranked lower than
58% of the 1131 Companies
in the Global Gold industry.

( Industry Median: -12.90 vs. PPP: -17.50 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
PPP' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -813.8  Med: -22.3 Max: -9.7
Current: -17.5
-813.8
-9.7

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 0.20
PPP's Price-to-Tangible-Book is ranked higher than
98% of the 1342 Companies
in the Global Gold industry.

( Industry Median: 2.29 vs. PPP: 0.20 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
PPP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.32  Med: 0.8 Max: 4.24
Current: 0.2
0.32
4.24
Price-to-Intrinsic-Value-Projected-FCF 0.21
PPP's Price-to-Intrinsic-Value-Projected-FCF is ranked higher than
97% of the 325 Companies
in the Global Gold industry.

( Industry Median: 2.03 vs. PPP: 0.21 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
PPP' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 0.35  Med: 0.67 Max: 0.88
Current: 0.21
0.35
0.88
Price-to-Median-PS-Value 0.19
PPP's Price-to-Median-PS-Value is ranked higher than
94% of the 518 Companies
in the Global Gold industry.

( Industry Median: 1.05 vs. PPP: 0.19 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
PPP' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.31  Med: 1.06 Max: 1.58
Current: 0.19
0.31
1.58
Earnings Yield (Greenblatt) % -142.86
PPP's Earnings Yield (Greenblatt) % is ranked lower than
99.99% of the 1748 Companies
in the Global Gold industry.

( Industry Median: -0.10 vs. PPP: -142.86 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
PPP' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: 0.8  Med: 8.4 Max: 40.9
Current: -142.86
0.8
40.9

More Statistics

Revenue (TTM) (Mil) $219.2
EPS (TTM) $ -1.32
Beta0.03
Short Percentage of Float2.97%
52-Week Range $0.45 - 2.63
Shares Outstanding (Mil)189.51

Analyst Estimate

Dec17 Dec18 Dec19
Revenue (Mil $) 174 250 225
EPS ($) -0.11 -0.04 -0.05
EPS without NRI ($) -0.11 -0.04 -0.05
EPS Growth Rate
(Future 3Y To 5Y Estimate)
N/A
Dividends per Share ($)
» More Articles for PPP

Headlines

Articles On GuruFocus.com
Donald Smith Sells Sanmina, Buys Goldman Sachs Aug 18 2016 
Primero Announces Resignation of Eduardo Luna From Its Board of Directors Jul 06 2016 
Primero to Release Second Quarter 2016 Results on August 4, 2016 Jul 05 2016 
Primero Acquires Large Strategic Mineral Concession at San Dimas Jun 14 2016 
Primero Notifies Mexico of an Investment Dispute Under NAFTA Jun 02 2016 
Primero Announces Election of Directors May 04 2016 
Primero Reports Preliminary Q1 2016 Production Results; Quarter Focused on Creating a Workplace Free Apr 18 2016 
Primero Amends Phantom Share Unit Plan Apr 18 2016 
Primero to Release First Quarter 2016 Financial Results and Hold Annual General and Special Meeting Apr 04 2016 
Primero Reports a Fatal Plane Crash Close to Its San Dimas Mine Apr 01 2016 

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