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Why Primero Is Poised to Bounce Back

By Brian D. Pacampara, CFA - Apr 16, 2013 at 5:32PM

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Market-trouncing returns could be written in this 4-Star.

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 (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.

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

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Stocks Mentioned

Primero Mining Corp. Stock Quote
Primero Mining Corp.
PPP

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