Brokerages Set Trevali Mining Corp (TV) Target Price at $0.76
Shares of Trevali Mining Corp (TSE:TV) have received a consensus rating of “Buy” from the nine research firms that are covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is C$0.72.
A number of brokerages have issued reports on TV. BMO Capital Markets reissued an “outperform” rating and issued a C$0.80 price target on shares of Trevali Mining in a report on Wednesday, January 9th. Canaccord Genuity decreased their price target on Trevali Mining from C$0.75 to C$0.65 in a report on Monday. National Bank Financial decreased their price target on Trevali Mining from C$0.80 to C$0.70 and set an “outperform” rating for the company in a report on Monday, January 14th. CIBC downgraded Trevali Mining from an “outperform” rating to a “neutral” rating and decreased their price target for the company from C$1.00 to C$0.50 in a report on Tuesday, February 26th. Finally, Eight Capital reissued a “neutral” rating and issued a C$0.50 price target on shares of Trevali Mining in a report on Tuesday, February 19th.
Shares of Trevali Mining stock traded down C$0.01 on Monday, reaching C$0.44. 495,499 shares of the stock were exchanged, compared to its average volume of 2,273,559. The company has a quick ratio of 0.72, a current ratio of 1.09 and a debt-to-equity ratio of 27.18. Trevali Mining has a twelve month low of C$0.32 and a twelve month high of C$1.26. The company has a market capitalization of $360.92 million and a price-to-earnings ratio of -1.61.
Trevali Mining Company Profile
Trevali Mining Corporation, a natural resource company, engages in the acquisition, exploration, and development of mineral properties in Burkina Faso, Namibia, Canada, and Peru. It primarily explores for zinc, lead, silver, and copper deposits. The company owns interests in the Perkoa mine located in the Sanguie Province, Burkina Faso; Rosh Pinah mine located in southwestern Namibia; Caribou mine located to the west of Bathurst, New Brunswick, Canada; and Santander mine located to the northeast of Lima, Peru.
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