Trevali Mining (TSE:TV)‘s stock had its “market perform” rating reissued by equities researchers at Raymond James in a note issued to investors on Monday, Price Targets.com reports. They presently have a C$0.30 target price on the stock. Raymond James’ price target indicates a potential upside of 22.45% from the company’s current price.
Several other equities research analysts have also issued reports on the stock. National Bankshares boosted their price target on shares of Trevali Mining from C$0.25 to C$0.30 and gave the company a “sector perform” rating in a report on Friday. Eight Capital upped 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. National Bank Financial raised their price target on shares of Trevali Mining to C$0.30 and gave the stock a “sector perform” rating in a research note on Friday. Canaccord Genuity downgraded Trevali Mining from a “hold” rating to a “sell” rating and decreased their price objective for the company from C$0.25 to C$0.15 in a report on Tuesday, January 19th. Finally, Scotiabank dropped their target price on Trevali Mining from C$0.25 to C$0.20 in a report on Friday, February 26th. Two research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of C$0.24.
Shares of TV stock traded up C$0.01 during mid-day trading on Monday, reaching C$0.25. The stock had a trading volume of 996,931 shares, compared to its average volume of 1,890,920. Trevali Mining has a one year low of C$0.06 and a one year high of C$0.27. The firm has a market cap of C$242.33 million and a PE ratio of -0.66. The firm’s 50 day simple moving average is C$0.21 and its 200 day simple moving average is C$0.20. The company has a quick ratio of 1.32, a current ratio of 1.94 and a debt-to-equity ratio of 61.25.
Trevali Mining Corporation, a base-metals mining company, engages in the acquisition, exploration, and development of mineral properties. It primarily explores for zinc, lead, silver, gold, and copper deposits. The company's 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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