Trevali Mining Corp (TSE:TV) Forecasted to Post Q3 2019 Earnings of $0.00 Per Share

Trevali Mining Corp (TSE:TV) – Equities researchers at Raymond James issued their Q3 2019 earnings per share estimates for shares of Trevali Mining in a report released on Monday, April 8th, Zacks Investment Research reports. Raymond James analyst B. Macarthur forecasts that the company will post earnings of $0.00 per share for the quarter. Raymond James currently has a “Outperform” rating and a $0.60 target price on the stock. Raymond James also issued estimates for Trevali Mining’s Q4 2019 earnings at $0.00 EPS and FY2019 earnings at $0.01 EPS.

Trevali Mining (TSE:TV) last released its quarterly earnings data on Wednesday, February 20th. The company reported C$0.02 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.04 by C($0.02). The firm had revenue of C$163.11 million during the quarter, compared to analyst estimates of C$174.23 million.

TV has been the subject of a number of other reports. Canaccord Genuity decreased their target price on Trevali Mining from C$0.75 to C$0.65 in a research report on Monday, April 15th. BMO Capital Markets reiterated an “outperform” rating and issued a C$0.80 target price on shares of Trevali Mining in a report on Wednesday, January 9th. National Bank Financial cut their target price on shares of Trevali Mining from C$0.80 to C$0.70 and set an “outperform” rating on the stock in a report on Monday, January 14th. CIBC lowered shares of Trevali Mining from an “outperform” rating to a “neutral” rating and cut their target price for the stock from C$1.00 to C$0.50 in a report on Tuesday, February 26th. Finally, Eight Capital reiterated a “neutral” rating and issued a C$0.50 target price 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 issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of C$0.75.

Shares of TSE:TV traded up C$0.01 on Thursday, hitting C$0.35. 1,106,100 shares of the company’s stock were exchanged, compared to its average volume of 2,189,567. The stock has a market cap of $286.40 million and a P/E ratio of -1.30. Trevali Mining has a 1-year low of C$0.32 and a 1-year high of C$1.22. The company has a debt-to-equity ratio of 27.18, a quick ratio of 0.72 and a current ratio of 1.09.

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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Earnings History and Estimates for Trevali Mining (TSE:TV)

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