Trevali Mining Corp (TSE:TV) Given Consensus Recommendation of “Buy” by Brokerages

Trevali Mining Corp (TSE:TV) has earned a consensus rating of “Buy” from the nine research firms that are presently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is C$0.72.

Several equities analysts recently issued reports on the company. Canaccord Genuity reduced their price objective on Trevali Mining from C$0.75 to C$0.65 in a research note on Monday, April 15th. National Bank Financial raised their price objective on Trevali Mining from C$0.50 to C$0.80 in a research note on Thursday, April 18th. Raymond James reduced their price objective on Trevali Mining from C$0.60 to C$0.55 and set an “outperform” rating on the stock in a research note on Tuesday, May 7th. Finally, BMO Capital Markets restated an “outperform” rating and set a C$0.60 price objective on shares of Trevali Mining in a research note on Monday, June 17th.

Shares of TV stock remained flat at $C$0.28 during mid-day trading on Friday. 406,100 shares of the stock were exchanged, compared to its average volume of 1,919,116. Trevali Mining has a twelve month low of C$0.26 and a twelve month high of C$0.93. The company has a quick ratio of 2.05, a current ratio of 2.88 and a debt-to-equity ratio of 20.17. The firm has a market cap of $237.10 million and a P/E ratio of -0.99. The business has a fifty day moving average of C$0.30.

Trevali Mining (TSE:TV) last released its quarterly earnings results on Monday, May 6th. The company reported C$0.04 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.02 by C$0.02. The company had revenue of C$172.86 million for the quarter. As a group, equities research analysts predict that Trevali Mining will post 0.06 earnings per share for the current year.

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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Analyst Recommendations for Trevali Mining (TSE:TV)

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