Trevali Mining (TSE:TV) had its target price lowered by National Bank Financial from C$0.90 to C$0.80 in a research report report published on Friday. The firm currently has an outperform rating on the stock. National Bank Financial also issued estimates for Trevali Mining’s Q4 2018 earnings at $0.05 EPS, FY2018 earnings at $0.08 EPS, FY2019 earnings at $0.12 EPS and FY2020 earnings at $0.07 EPS.
Several other equities research analysts have also recently issued reports on the company. Raymond James decreased their price objective on Trevali Mining from C$1.50 to C$1.25 in a report on Friday, October 5th. Eight Capital decreased their price objective on Trevali Mining from C$1.25 to C$1.20 in a report on Tuesday, October 23rd. CIBC decreased their price objective on Trevali Mining from C$1.90 to C$1.40 in a report on Friday, August 31st. TD Securities decreased their price objective on Trevali Mining from C$1.20 to C$1.10 and set a buy rating on the stock in a report on Tuesday, October 23rd. Finally, Haywood Securities decreased their price objective on Trevali Mining from C$1.75 to C$1.50 in a report on Tuesday, October 23rd. Seven analysts have rated the stock with a buy rating, The company has an average rating of Buy and a consensus target price of C$1.35.
Shares of TV stock traded down C$0.03 during mid-day trading on Friday, hitting C$0.43. 3,368,200 shares of the company’s stock were exchanged, compared to its average volume of 2,233,372. Trevali Mining has a fifty-two week low of C$0.43 and a fifty-two week high of C$1.75. The company has a debt-to-equity ratio of 18.51, a quick ratio of 1.98 and a current ratio of 2.80.
About Trevali Mining
Trevali Mining Corporation, a natural resource company, engages in the acquisition, exploration, development, and production of mineral properties in Peru and Canada. It explores for zinc, lead, silver, copper, and gold deposits. The company primarily holds interests in the Santander property covering an area of 4,455 hectares located on the west-central, Peru; and the Caribou property located in the province of New Brunswick, Canada.
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