Trevali Mining Corp (TV) Rating Reiterated by Scotiabank
Trevali Mining Corp (TSE:TV)‘s stock had its “outperform” rating restated by Scotiabank in a research report issued to clients and investors on Tuesday. They currently have a C$2.00 price objective on the stock. Scotiabank’s price objective points to a potential upside of 44.93% from the company’s previous close.
TV has been the subject of several other reports. TD Securities initiated coverage on Trevali Mining Corp in a research report on Friday, June 2nd. They issued a “buy” rating and a C$1.90 price target for the company. Raymond James Financial, Inc. lifted their price target on Trevali Mining Corp from C$1.80 to C$2.00 and gave the company an “outperform” rating in a research report on Tuesday.
Shares of Trevali Mining Corp (TSE TV) opened at 1.38 on Tuesday. The stock’s 50 day moving average price is $1.38 and its 200-day moving average price is $1.26. Trevali Mining Corp has a 52-week low of $0.88 and a 52-week high of $1.60. The company has a market capitalization of $557.72 million and a P/E ratio of 47.59.
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In other news, insider Anna Man-Yue Ladd sold 100,000 shares of Trevali Mining Corp stock in a transaction on Friday, September 1st. The stock was sold at an average price of C$1.51, for a total value of C$151,000.00.
About Trevali Mining Corp
Trevali Mining Corporation is a Canada-based natural resource company. The Company is engaged in the acquisition, exploration, development and production from mineral properties. The Company holds approximately four properties in Canada and has an interest in a property in Peru with an option on a second Peruvian property.
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