Trevali Mining (TSE:TV) Price Target Raised to C$0.30 at Raymond James
Trevali Mining (TSE:TV) had its target price boosted by analysts at Raymond James from C$0.25 to C$0.30 in a report released on Tuesday, PriceTargets.com reports. The firm currently has a “market perform” rating on the stock. Raymond James’ price objective points to a potential upside of 46.34% from the stock’s current price. Raymond James also issued estimates for Trevali Mining’s Q3 2021 earnings at $0.01 EPS, Q4 2021 earnings at $0.01 EPS, FY2021 earnings at $0.03 EPS, Q1 2022 earnings at ($0.01) EPS, Q2 2022 earnings at ($0.01) EPS, Q3 2022 earnings at ($0.01) EPS and Q4 2022 earnings at ($0.01) EPS.
TV has been the topic of a number of other research reports. Royal Bank of Canada lifted their price target on shares of Trevali Mining from C$0.20 to C$0.40 in a report on Tuesday, December 8th. TD Securities lifted their target price on Trevali Mining from C$0.20 to C$0.25 in a report on Wednesday, December 16th. Scotiabank dropped their price target on Trevali Mining from C$0.25 to C$0.20 in a research note on Friday, February 26th. Eight Capital raised their target price on shares of Trevali Mining to C$0.20 and gave the company a “sell” rating in a research note on Friday, January 22nd. Finally, Canaccord Genuity cut Trevali Mining from a “hold” rating to a “sell” rating and reduced their price objective for the stock from C$0.25 to C$0.15 in a research note on Tuesday, January 19th. Two investment analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. Trevali Mining presently has a consensus rating of “Hold” and an average price target of C$0.23.
Trevali Mining stock opened at C$0.21 on Tuesday. Trevali Mining has a 1 year low of C$0.06 and a 1 year high of C$0.27. The company has a debt-to-equity ratio of 61.25, a quick ratio of 1.32 and a current ratio of 1.94. The firm has a 50 day moving average price of C$0.20 and a 200 day moving average price of C$0.19. The company has a market cap of C$202.76 million and a price-to-earnings ratio of -0.68.
Trevali Mining Corporation, a base-metals mining company, engages in the acquisition, exploration, and development of mineral properties. The company primarily explores for zinc, lead, silver, gold, and copper deposits. Its operational assets include the 90%-owned Perkoa Mine in Burkina Faso; 90%-owned Rosh Pinah Mine in Namibia; Caribou Mine in the Bathurst mining camp, northern New Brunswick, Canada; and Santander Mine in Peru.
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