Trevali Mining (TV) Given New C$0.80 Price Target at National Bank Financial
Trevali Mining (TSE:TV) had its price objective boosted by National Bank Financial from C$0.50 to C$0.80 in a research note issued to investors on Thursday, BayStreet.CA reports. National Bank Financial also issued estimates for Trevali Mining’s Q1 2019 earnings at $0.03 EPS and FY2019 earnings at $0.12 EPS.
A number of other equities analysts also recently weighed in on the company. Canaccord Genuity lowered their price target on Trevali Mining from C$0.75 to C$0.65 in a research report on Monday. CIBC downgraded Trevali Mining from an outperform rating to a neutral rating and lowered their price target for the stock from C$1.00 to C$0.50 in a research report on Tuesday, February 26th. Raymond James reissued an outperform rating and set a C$0.60 price target on shares of Trevali Mining in a research report on Friday, February 22nd. BMO Capital Markets reduced their price objective on Trevali Mining from C$0.65 to C$0.60 and set an outperform rating for the company in a report on Thursday, February 21st. Finally, Eight Capital restated a neutral rating and set a C$0.50 price objective on shares of Trevali Mining in a report on Tuesday, February 19th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Trevali Mining presently has an average rating of Buy and an average price target of C$0.75.
Shares of TSE:TV traded down C$0.02 during midday trading on Thursday, reaching C$0.39. The company had a trading volume of 2,424,300 shares, compared to its average volume of 2,253,189. The company has a debt-to-equity ratio of 27.18, a quick ratio of 0.72 and a current ratio of 1.09. The company has a market cap of $319.14 million and a P/E ratio of -1.44. Trevali Mining has a 1-year low of C$0.32 and a 1-year high of C$1.26.
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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