Although Primero Mining Corp (PPP) is up over 24.2% in the past four weeks, investors may be concerned. After all, PPP is now in overbought territory, at least when looking at its RSI value of 75.8. If that wasn’t enough, investors should also note that Primero possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in PPP shares before too long.
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