As 2011 comes to a close, it's a great time to look back at what happened to the stocks that interest you. By making sure you know the important things that a company accomplished -- as well as the setbacks it experienced -- you can make a better decision about whether it's a smart investment for your portfolio.
Today, let's take a look at Primero Mining
Stats on Primero Mining
|Year-to-Date Stock Return||(34.2%)|
|Market Cap||$272 million|
|Total Revenue, Trailing 12 Months||$162 million|
|1-Year Revenue Growth||761%|
|Net Income, Trailing 12 Months||$34.9 million|
Source: S&P Capital IQ. NM = not meaningful due to negative earnings.
Why'd Primero Mining lose its shine in 2011?
Primero came into the year with big potential. Spun off from Goldcorp
Primero was on the cusp of a huge strategic move when it put together a merger with Northgate Minerals. But AuRico Gold
One big problem for Primero comes from taxation. Mexico taxes Primero's silver production based on spot prices, even though it receives only a small fraction of that amount from Silver Wheaton under their streaming contract.
Like companies such as Thompson Creek Metals
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Click here to add Primero Mining to My Watchlist, which can find all of our Foolish analysis on it and all your other stocks.
Fool contributor Dan Caplinger doesn't own shares of the companies mentioned. The Motley Fool owns shares of Primero Mining. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Fool has a disclosure policy.