Trevali Mining (TSE:TV) had its target price trimmed by Raymond James from C$0.45 to C$0.40 in a research report report published on Friday, BayStreet.CA reports. The firm currently has a market perform rating on the stock.
TV has been the subject of a number of other research reports. TD Securities lowered shares of Trevali Mining from a buy rating to a hold rating and dropped their target price for the stock from C$0.60 to C$0.30 in a research report on Monday, July 22nd. Canaccord Genuity dropped their target price on shares of Trevali Mining from C$0.75 to C$0.65 in a research report on Monday, April 15th. CIBC dropped their target price on shares of Trevali Mining from C$0.50 to C$0.35 in a research report on Friday. Cormark dropped their target price on shares of Trevali Mining from C$0.85 to C$0.65 in a research report on Tuesday, July 23rd. Finally, Haywood Securities lowered shares of Trevali Mining from a buy rating to a hold rating and dropped their target price for the stock from C$0.80 to C$0.35 in a research report on Tuesday, July 23rd. Six analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of C$0.50.
Shares of TSE:TV opened at C$0.21 on Friday. The company has a current ratio of 2.28, a quick ratio of 1.37 and a debt-to-equity ratio of 18.63. The stock’s fifty day moving average is C$0.27. Trevali Mining has a fifty-two week low of C$0.21 and a fifty-two week high of C$0.82. The company has a market capitalization of $171.84 million and a price-to-earnings ratio of -0.60.
About Trevali Mining
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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