Trevali Mining (TSE:TV) had its price target decreased by CIBC from C$0.50 to C$0.35 in a report released on Friday, BayStreet.CA reports.
TV has been the subject of several other reports. TD Securities downgraded shares of Trevali Mining from a buy rating to a hold rating and cut their price objective for the stock from C$0.60 to C$0.30 in a report on Monday, July 22nd. Canaccord Genuity cut their price target on shares of Trevali Mining from C$0.75 to C$0.65 in a report on Monday, April 15th. Raymond James cut their price target on shares of Trevali Mining from C$0.60 to C$0.55 and set an outperform rating for the company in a report on Tuesday, May 7th. Cormark cut their price target on shares of Trevali Mining from C$0.85 to C$0.65 in a report on Tuesday, July 23rd. Finally, National Bank Financial cut their price target on shares of Trevali Mining from C$0.80 to C$0.60 and set an outperform rating for the company in a report on Friday, June 28th. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Trevali Mining has a consensus rating of Hold and an average price target of C$0.50.
TV opened at C$0.21 on Friday. The business has a 50 day simple moving average of C$0.27. The company has a market cap of $171.84 million and a P/E ratio of -0.60. Trevali Mining has a 12 month low of C$0.21 and a 12 month high of C$0.82. The company has a debt-to-equity ratio of 18.63, a quick ratio of 1.37 and a current ratio of 2.28.
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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