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Also traded in: 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 : 5/10

vs
industry
vs
history
Cash-to-Debt 0.59
P's Cash-to-Debt is ranked lower than
59% of the 429 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 1.52 vs. P: 0.59 )
Ranked among companies with meaningful Cash-to-Debt only.
P' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.59  Med: No Debt Max: No Debt
Current: 0.59
Equity-to-Asset 0.42
P's Equity-to-Asset is ranked lower than
57% of the 413 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 0.54 vs. P: 0.42 )
Ranked among companies with meaningful Equity-to-Asset only.
P' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.18  Med: 0.54 Max: 0.78
Current: 0.42
-2.18
0.78
Piotroski F-Score: 2
Altman Z-Score: 1.59
Beneish M-Score: -3.13
WACC vs ROIC
0.42%
-53.99%
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 : 2/10

vs
industry
vs
history
Operating Margin % -23.81
P's Operating Margin % is ranked lower than
85% of the 420 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 6.68 vs. P: -23.81 )
Ranked among companies with meaningful Operating Margin % only.
P' s Operating Margin % Range Over the Past 10 Years
Min: -141.76  Med: -11.72 Max: -0.23
Current: -23.81
-141.76
-0.23
Net Margin % -25.66
P's Net Margin % is ranked lower than
84% of the 421 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 3.81 vs. P: -25.66 )
Ranked among companies with meaningful Net Margin % only.
P' s Net Margin % Range Over the Past 10 Years
Min: -146.01  Med: -11.76 Max: -1.28
Current: -25.66
-146.01
-1.28
ROE % -61.61
P's ROE % is ranked lower than
94% of the 398 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 4.34 vs. P: -61.61 )
Ranked among companies with meaningful ROE % only.
P' s ROE % Range Over the Past 10 Years
Min: -184.53  Med: -37.49 Max: -8.91
Current: -61.61
-184.53
-8.91
ROA % -30.67
P's ROA % is ranked lower than
93% of the 430 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 2.03 vs. P: -30.67 )
Ranked among companies with meaningful ROA % only.
P' s ROA % Range Over the Past 10 Years
Min: -169.18  Med: -18.14 Max: -2.53
Current: -30.67
-169.18
-2.53
ROC (Joel Greenblatt) % -162.70
P's ROC (Joel Greenblatt) % is ranked lower than
93% of the 421 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 15.88 vs. P: -162.70 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
P' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1801.99  Med: -140.49 Max: -14.38
Current: -162.7
-1801.99
-14.38
3-Year Revenue Growth Rate 33.20
P's 3-Year Revenue Growth Rate is ranked higher than
93% of the 342 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 1.30 vs. P: 33.20 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
P' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: 0  Med: -29.5 Max: 33.2
Current: 33.2
0
33.2
3-Year EBITDA Growth Rate 82.80
P's 3-Year EBITDA Growth Rate is ranked higher than
94% of the 287 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 4.80 vs. P: 82.80 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
P' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: 0  Med: 41.4 Max: 87.3
Current: 82.8
0
87.3
3-Year EPS without NRI Growth Rate 86.40
P's 3-Year EPS without NRI Growth Rate is ranked higher than
91% of the 254 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 4.10 vs. P: 86.40 )
Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
P' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: 0  Med: -47.4 Max: 86.4
Current: 86.4
0
86.4
GuruFocus has detected 3 Warning Signs with Pandora Media Inc $P.
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» P's 30-Y Financials

Financials (Next Earnings Date: 2017-07-04 Est.)


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

» Details

Guru Trades

Q2 2016

P Guru Trades in Q2 2016

Steven Cohen 1,383,600 sh (New)
George Soros 51,000 sh (New)
Julian Robertson 1,461,100 sh (New)
John Burbank 10,186 sh (New)
Jim Simons 1,416,100 sh (New)
Mario Gabelli 25,050 sh (unchged)
RS Investment Management 96,650 sh (unchged)
» More
Q3 2016

P Guru Trades in Q3 2016

Jeremy Grantham 226,300 sh (New)
Leon Cooperman 2,722,900 sh (New)
Julian Robertson 1,775,400 sh (+21.51%)
Mario Gabelli 25,050 sh (unchged)
Jeremy Grantham 710,000 sh (unchged)
Jim Simons Sold Out
Steven Cohen Sold Out
George Soros Sold Out
John Burbank Sold Out
» More
Q4 2016

P Guru Trades in Q4 2016

George Soros 601,400 sh (New)
John Hussman 150,000 sh (New)
Steven Cohen 935,100 sh (New)
Mario Gabelli 44,920 sh (+79.32%)
Jeremy Grantham 320,793 sh (+41.76%)
Leon Cooperman 3,008,900 sh (+10.50%)
Jeremy Grantham 710,000 sh (unchged)
Julian Robertson 1,775,400 sh (unchged)
John Paulson 990,000 sh (unchged)
» More
Q1 2017

P Guru Trades in Q1 2017

Mario Cibelli 100,000 sh (New)
Mario Gabelli 65,391 sh (+45.57%)
Jeremy Grantham 434,084 sh (+35.32%)
Steven Cohen 1,114,651 sh (+19.20%)
Jeremy Grantham 710,000 sh (unchged)
Steven Cohen 4,813,000 sh (unchged)
George Soros Sold Out
John Hussman Sold Out
Julian Robertson 1,472,400 sh (-17.07%)
Leon Cooperman 1,913,360 sh (-36.41%)
» More
» Details

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Business Description

Industry: Entertainment » Broadcasting - Radio    NAICS: 515112    SIC: 4832
Compare:OTCPK:SIICF, NYSE:ETM, AMEX:SGA, NAS:BBGI, OTCPK:IHRT, NAS:SALM, NYSE:TSQ, NAS:UONEK, NAS:EMMS, NAS:CMLS, OTCPK:SBSAA, NAS:LSXMB, NAS:SIRI » details
Traded in other countries:42S.Germany,
Headquarter Location:USA
Pandora Media Inc is a broadcasting company which offers music streaming and automated music recommendation services. The service is available in the United States, Australia, and New Zealand.

Pandora Medic Inc is a radio broadcasting company that offers music streaming and automated music recommendation services. Pandora allows users to listen to music selections based on the user's artist or genre preference and then provide positive or negative feedback, which is utilized by the program to choose subsequent musical selections. Pandora can be accessed through a web browser or the company's application that can be downloaded to a personal computer or mobile phone. The service is available in the United States, Australia, and New Zealand. Pandora derives the majority of its revenue in the United States.

Top Ranked Articles about Pandora Media Inc

Technology Will Augment Productivity in the Entertainment Industry The music industry is one of the most affected by technological advances
I came across an article last week that claimed in the next 10 to 20 years, mid-level workers would go jobless. This is purportedly due to the influx of technological devices, intuitive programs and project sharing. Read more...
Leon Cooperman’s Top 3 New Holdings Guru invests in energy, entertainment in the 3rd quarter
Leon Cooperman (Trades, Portfolio)’s Omega Advisors acquired 24 new holdings during the third quarter. The top three new holdings are Hess Corp. (NYSE:HES), Pandora Media Inc. (NYSE:P) and Williams Companies Inc. (NYSE:WMB). Read more...
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...

Ratios

vs
industry
vs
history
PB Ratio 4.65
P's PB Ratio is ranked lower than
82% of the 394 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 1.97 vs. P: 4.65 )
Ranked among companies with meaningful PB Ratio only.
P' s PB Ratio Range Over the Past 10 Years
Min: 2.25  Med: 10.15 Max: 40.6
Current: 4.65
2.25
40.6
PS Ratio 1.53
P's PS Ratio is ranked higher than
51% of the 409 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 2.03 vs. P: 1.53 )
Ranked among companies with meaningful PS Ratio only.
P' s PS Ratio Range Over the Past 10 Years
Min: 0.91  Med: 3.71 Max: 13.26
Current: 1.53
0.91
13.26
EV-to-EBIT -7.07
P's EV-to-EBIT is ranked lower than
99.99% of the 453 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 15.31 vs. P: -7.07 )
Ranked among companies with meaningful EV-to-EBIT only.
P' s EV-to-EBIT Range Over the Past 10 Years
Min: -516.6  Med: -58.5 Max: -6.8
Current: -7.07
-516.6
-6.8
EV-to-EBITDA -8.73
P's EV-to-EBITDA is ranked lower than
99.99% of the 495 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 10.76 vs. P: -8.73 )
Ranked among companies with meaningful EV-to-EBITDA only.
P' s EV-to-EBITDA Range Over the Past 10 Years
Min: -1765.6  Med: -72.4 Max: -8.5
Current: -8.73
-1765.6
-8.5
Current Ratio 2.14
P's Current Ratio is ranked higher than
70% of the 377 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 1.60 vs. P: 2.14 )
Ranked among companies with meaningful Current Ratio only.
P' s Current Ratio Range Over the Past 10 Years
Min: 1.08  Med: 2.41 Max: 4.17
Current: 2.14
1.08
4.17
Quick Ratio 2.14
P's Quick Ratio is ranked higher than
74% of the 377 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 1.41 vs. P: 2.14 )
Ranked among companies with meaningful Quick Ratio only.
P' s Quick Ratio Range Over the Past 10 Years
Min: 1.08  Med: 2.41 Max: 4.17
Current: 2.14
1.08
4.17
Days Sales Outstanding 68.38
P's Days Sales Outstanding is ranked lower than
60% of the 336 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 68.06 vs. P: 68.38 )
Ranked among companies with meaningful Days Sales Outstanding only.
P' s Days Sales Outstanding Range Over the Past 10 Years
Min: 68.38  Med: 87.62 Max: 127.2
Current: 68.38
68.38
127.2
Days Payable 8.40
P's Days Payable is ranked lower than
91% of the 280 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 58.02 vs. P: 8.40 )
Ranked among companies with meaningful Days Payable only.
P' s Days Payable Range Over the Past 10 Years
Min: 4.37  Med: 8.32 Max: 38.43
Current: 8.4
4.37
38.43

Buy Back

vs
industry
vs
history
3-Year Average Share Buyback Ratio -10.60
P's 3-Year Average Share Buyback Ratio is ranked lower than
68% of the 260 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: -3.00 vs. P: -10.60 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
P' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -168.8  Med: -8.5 Max: 0
Current: -10.6
-168.8
0

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 29.55
P's Price-to-Tangible-Book is ranked lower than
92% of the 308 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 2.52 vs. P: 29.55 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
P' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 5.8  Med: 13.35 Max: 36.61
Current: 29.55
5.8
36.61
Price-to-Median-PS-Value 0.41
P's Price-to-Median-PS-Value is ranked higher than
87% of the 333 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 1.12 vs. P: 0.41 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
P' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0  Med: 1.04 Max: 2.91
Current: 0.41
0
2.91
Earnings Yield (Greenblatt) % -14.21
P's Earnings Yield (Greenblatt) % is ranked lower than
89% of the 611 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 4.64 vs. P: -14.21 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
P' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: -750.76  Med: 0 Max: 0
Current: -14.21
-750.76
0

More Statistics

Revenue (TTM) (Mil) $1,404
EPS (TTM) $ -1.55
Beta-0.49
Short Percentage of Float29.36%
52-Week Range $8.92 - 14.98
Shares Outstanding (Mil)240.36

Analyst Estimate

Dec17 Dec18 Dec19
Revenue (Mil $) 1,571 1,946 2,468
EPS ($) -0.72 -0.18 0.32
EPS without NRI ($) -0.72 -0.18 0.32
EPS Growth Rate
(Future 3Y To 5Y Estimate)
N/A
Dividends per Share ($)
» More Articles for P

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