Trevali Mining (TSE:TV) PT Lowered to C$0.40 at Raymond James

Trevali Mining (TSE:TV) had its price objective dropped by Raymond James from C$0.45 to C$0.40 in a research report issued on Friday, BayStreet.CA reports. The firm presently has a “market perform” rating on the stock. Raymond James’ target price suggests a potential upside of 81.82% from the stock’s previous close.

Several other equities analysts have also issued reports on the company. CIBC lowered their price target on Trevali Mining from C$0.50 to C$0.35 in a research report on Friday. BMO Capital Markets decreased their target price on shares of Trevali Mining from C$0.60 to C$0.55 in a report on Thursday, June 27th. Haywood Securities cut shares of Trevali Mining from a “buy” rating to a “hold” rating and decreased their target price for the stock from C$0.80 to C$0.35 in a report on Tuesday, July 23rd. TD Securities lowered shares of Trevali Mining from a “buy” rating to a “hold” rating and decreased their price objective for the stock from C$0.60 to C$0.30 in a report on Monday, July 22nd. Finally, Cormark decreased their price objective on shares of Trevali Mining from C$0.85 to C$0.65 in a report on Tuesday, July 23rd. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of C$0.50.

Trevali Mining stock traded down C$0.02 on Friday, hitting C$0.22. 1,289,648 shares of the stock traded hands, compared to its average volume of 1,818,479. The company has a debt-to-equity ratio of 20.17, a quick ratio of 2.05 and a current ratio of 2.88. The stock has a market capitalization of $179.87 million and a price-to-earnings ratio of -0.76. The firm has a fifty day moving average of C$0.27. Trevali Mining has a 1 year low of C$0.21 and a 1 year high of C$0.82.

Trevali Mining (TSE:TV) last released its earnings results on Monday, May 6th. The company reported C$0.04 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.02 by C$0.02. The business had revenue of C$172.86 million for the quarter. On average, equities analysts forecast that Trevali Mining will post 0.0408163 EPS 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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