Brokerages Set Trevali Mining Corp (TSE:TV) PT at C$0.50
Trevali Mining Corp (TSE:TV) has received a consensus rating of “Hold” from the ten ratings firms that are covering the company, Marketbeat reports. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is C$0.48.
Several research firms have recently weighed in on TV. CIBC decreased their price target on shares of Trevali Mining from C$0.50 to C$0.35 in a research note on Friday, August 2nd. BMO Capital Markets decreased their price target on shares of Trevali Mining from C$0.60 to C$0.55 in a research note on Thursday, June 27th. Raymond James decreased their price target on shares of Trevali Mining from C$0.45 to C$0.40 and set a “market perform” rating for the company in a research note on Friday, August 2nd. TD Securities downgraded shares of Trevali Mining from a “buy” rating to a “hold” rating and decreased their price target for the company from C$0.60 to C$0.30 in a research note on Monday, July 22nd. Finally, National Bank Financial reduced their price objective on shares of Trevali Mining from C$0.60 to C$0.45 and set an “outperform” rating for the company in a research note on Monday.
Trevali Mining stock opened at C$0.21 on Friday. The company’s 50 day moving average is C$0.25. The company has a quick ratio of 1.37, a current ratio of 2.28 and a debt-to-equity ratio of 18.63. Trevali Mining has a fifty-two week low of C$0.19 and a fifty-two week high of C$0.82. The company has a market capitalization of $170.77 million and a P/E ratio of -0.59.
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.
See Also: Net Asset Value
Receive News & Ratings for Trevali Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trevali Mining and related companies with MarketBeat.com's FREE daily email newsletter.