BMO Capital Markets Lowers Trevali Mining (OTCMKTS:TREVF) to Market Perform

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Trevali Mining (OTCMKTS:TREVF) was downgraded by investment analysts at BMO Capital Markets from an “outperform” rating to a “market perform” rating in a report released on Thursday, The Fly reports.

Other equities analysts have also issued research reports about the stock. CIBC reiterated a “sell” rating and set a $0.15 target price on shares of Trevali Mining in a research report on Wednesday, February 26th. Canaccord Genuity reissued a “hold” rating and issued a $0.17 price target on shares of Trevali Mining in a report on Wednesday, February 26th. Two research analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $0.14.

TREVF remained flat at $$0.06 during trading on Thursday. 95,528 shares of the company traded hands, compared to its average volume of 111,912. The firm’s 50 day moving average price is $0.10 and its two-hundred day moving average price is $0.15. Trevali Mining has a one year low of $0.05 and a one year high of $0.36.

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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Analyst Recommendations for Trevali Mining (OTCMKTS:TREVF)

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