Trevali Mining (TSE:TV) had its target price cut by National Bank Financial from C$0.60 to C$0.45 in a research note published on Monday morning, BayStreet.CA reports. They currently have an outperform rating on the stock. National Bank Financial also issued estimates for Trevali Mining’s FY2019 earnings at $0.03 EPS.
A number of other research firms also recently issued reports on TV. BMO Capital Markets cut their price objective on shares of Trevali Mining from C$0.60 to C$0.55 in a report on Thursday, June 27th. TD Securities downgraded shares of Trevali Mining from a buy rating to a hold rating and cut their price objective for the company from C$0.60 to C$0.30 in a report on Monday, July 22nd. Cormark cut their price objective on shares of Trevali Mining from C$0.85 to C$0.65 in a report on Tuesday, July 23rd. Haywood Securities downgraded shares of Trevali Mining from a buy rating to a hold rating and cut their price objective for the company from C$0.80 to C$0.35 in a report on Tuesday, July 23rd. Finally, Raymond James cut their price objective on shares of Trevali Mining from C$0.45 to C$0.40 and set a market perform rating for the company in a report on Friday, August 2nd. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of C$0.48.
TSE TV opened at C$0.20 on Monday. The company has a quick ratio of 1.37, a current ratio of 2.28 and a debt-to-equity ratio of 18.63. The company has a market cap of $170.77 million and a P/E ratio of -0.57. Trevali Mining has a 12-month low of C$0.19 and a 12-month high of C$0.82. The firm has a 50-day simple moving average of C$0.25.
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.
Featured Article: Street Name
Receive News & Ratings for Trevali Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trevali Mining and related companies with MarketBeat.com's FREE daily email newsletter.