Why Primero Is Poised to Bounce Back

Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, gold miner Primero Mining (NYSE: PPP  ) has earned a respected four-star ranking.

With that in mind, let's take a closer look at Primero and see what CAPS investors are saying about the stock right now.

Primero facts

 

 

Headquarters

Vancouver, Canada

Market Cap

$511.3 million

Industry

Gold

Trailing-12-Month Revenue

$182.9 million

Management

CEO Joseph Conway

CFO David Blaiklock

Return on Equity (average, past 3 years)

2.3%

Cash/Debt

$139.2 million/$40.0 million

Competitors

Barrick Gold 

Yamana Gold

Sources: S&P Capital IQ and Motley Fool CAPS.

On CAPS, 96% of the 325 members who have rated Primero believe the stock will outperform the S&P 500 going forward.

Just yesterday, one of those Fools, DarthMaul09, tapped Primero as a particularly timely bargain opportunity:

The metals sell off appears to be both a capitulation of many gold investors and probable margin calls on long positions in the metals market. Irrational pessimism in the metals space will persist until [JPMorgan] and friends find it profitable to go long and harvest profits from the momentum players who decided to go short at the wrong time. As weak miners go bust, the ones that weather the storm will be rewarded. [Primero] is likely to among them.

If you want market-thumping returns, you need to put together the best portfolio you can. Of course, despite a strong four-star rating, Primero may not be your top choice.

If that's the case, we've compiled a special free report for investors called "The Tiny Gold Stock Digging Up Massive Profits," which uncovers another small miner with big potential. The report is 100% free, but it won't be around forever, so click here to access it now.

Want to see how well (or not so well) the stocks in this series are performing? Follow the TrackPoisedTo CAPS account.


Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2366804, ~/Articles/ArticleHandler.aspx, 4/23/2014 8:05:49 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement