The Globe and Mail reports in its Wednesday edition that BMO Nesbitt Burns analyst Brian Quast continues to rate Primero Mining ($4.43) "outperform." The Globe's Ahmad Hathout and Darcy Keith write in the Eye On Equities column that Mr. Quast, however, cut his target price modestly to $6 from $6.25 based on approximately $6.5-million of revenue that will not be realized because of a delay in the exporting of silver from the San Dimas mine. Mr. Quast says: "880,000 ounces of silver that was produced in Q2/15 was not sold in Q2/15 due to a discrepancy over the company's address related to its corporate office relocation from Mexico City to Durango, Mexico. At this time of the year, silver sales are more important to Primero, since the lead up to Aug. 5 represents the only period each year where Primero is able to sell silver at spot prices, and not to Silver Wheaton. At current prices, silver sales at spot pricing means that each ounce not sold counts for roughly four times the pricing given by Silver Wheaton." Elsewhere, Primero was downgraded to "neutral" from "buy" at Dundee Securities by analyst Joe Fazzini. His 12-month target price is $5.50 per share. Primero has a 52-week range of $3.25 to $8.90.